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  • Lapeer selling equipment after closure of Mich. plants Sep 10, 2008

    Lapeer Metal Stamping Cos. Inc., which is closing four plants in Michigan on Nov. 1, reportedly is selling off equipment and machinery to other companies and doesn’t plan to resume operations, union officials told local media.

  • Housing, auto marts dash hopes for 2009 economist Sep 10, 2008

    Although he wasn’t ready to call it a recession, a Federal Reserve economist acknowledged that the U.S. economy is expected to underperform this year and next.

  • Housing, auto marts dash hopes for 2009 economist Sep 10, 2008

    Although he wasn’t ready to call it a recession, a Federal Reserve economist acknowledged that the U.S. economy is expected to underperform this year and next.

  • US economic troubles mild vs. other nations Slaughter Sep 09, 2008

    The U.S. economy may be on the brink of stalling but U.S. growth is still on track to surpass that of many advanced economies in the rest of the world, according to Matthew J. Slaughter, professor of international economics at Dartmouth College’s Tuck School of Business in New Hampshire.

  • Lapeer selling equipment after closure of Mich. plants Sep 09, 2008

    Lapeer Metal Stamping Cos. Inc., which is closing four plants in Michigan on Nov. 1, is reportedly selling off its equipment and machinery to other companies and doesn’t plan to resume operations, union officials told local media.

  • US economic troubles mild vs. other nations Slaughter Sep 09, 2008

    The U.S. economy may be on the brink of stalling but U.S. growth is still on track to surpass that of many advanced economies in the rest of the world, according to Matthew J. Slaughter, professor of international economics at Dartmouth College’s Tuck School of Business in New Hampshire.

  • Walter boosts its met coal standing with Taft purchase Sep 08, 2008

    Walter Industries Inc., Tampa, Fla., has beefed up its metallurgical coal coffers with the acquisition of a competitor and the startup of a new longwall in one of its own underground mines.

  • AISI backs call for Congress to shore up highway fund Sep 08, 2008

    U.S. Transportation Secretary Mary Peters has blasted Congress for failing to act swiftly to shore up the federal Highway Trust Fund, which is facing a shortfall.

  • Range’s Marcellus energy efforts better than planned Sep 08, 2008

    Range Resources Corp., Fort Worth, Texas, said its efforts to extract natural gas at the Marcellus Shale development in Appalachia are going better than anticipated.

  • Rising power costs become the next concern for metals Sep 05, 2008

    Manufacturing metal products in parts of the southern United States is about to become more expensive.

  • Manufacturing sector hit hard in latest jobs report Sep 05, 2008

    The manufacturing sector took a huge employment hit in August, with 61,000 jobs slashed, according to government figures.

  • Lapeer Metal Stamping closing four plants Sep 05, 2008

    Lapeer Metal Stamping Cos. Inc., hit hard by the auto industry’s tailspin, will close four of its stamping and assembly plants in Michigan, according to published reports.

  • Shipping resumes at Port of New Orleans Sep 05, 2008

    The Port of New Orleans resumed normal operations Friday after assessing the damage from Hurricane Gustav to some operations, according to port president and chief executive officer Gary LaGrange.

  • MELTING POT Women of Steel get tough Sep 05, 2008

    The United Steelworkers union’s Women of Steel may get two minutes for roughing against the self-proclaimed “hockey mom.”

  • Manufacturing sector hit hard in latest jobs report Sep 05, 2008

    The manufacturing sector took a huge employment hit in August, with 61,000 jobs slashed, according to government figures.

  • Shipping resumes at Port of New Orleans Sep 05, 2008

    The Port of New Orleans resumed normal operations Friday after assessing the damage from Hurricane Gustav to some operations, according to port president and chief executive officer Gary LaGrange.

  • Range’s Marcellus energy efforts better than planned Sep 05, 2008

    Range Resources Corp., Fort Worth, Texas, said its efforts to extract natural gas at the Marcellus Shale development in Appalachia are going better than anticipated.

  • Youakim takes on senior role at Lazard Sep 05, 2008

    Lazard Ltd., London, has hired Spiro Youakim as a managing director and a senior member of its metals and mining financial advisory team.

  • Platinum Equity closes $2.75B buyout fund Sep 04, 2008

    Platinum Equity LLC has closed a $2.75-billion leveraged buyout fund focused on acquiring businesses.

  • Boeing workers reject pact; no strike as talks continue Sep 04, 2008

    Workers at Boeing Co. have rejected a three-year contract proposed by the company, but union leaders have postponed a threatened strike as talks continue with the Chicago-based aerospace company, according to Boeing.

  • Platinum Equity closes $2.75B buyout fund Sep 04, 2008

    Platinum Equity LLC has closed a $2.75-billion leveraged buyout fund focused on acquiring businesses.

  • Schuff buys steel fabrication operation from competitor Sep 03, 2008

    Schuff International Inc., a Phoenix-based family of companies that provides integrated steel construction services, has purchased a steel fabrication plant in Arizona and certain other assets from Strocal Inc., a Stockton, Calif.-based competitor.

  • Worthington Industries unit buys steel rack fabricator Sep 03, 2008

    Worthington Industries Inc.’s Steelpac Systems subsidiary has acquired the assets of Laser Products, a steel rack fabricator primarily serving the automotive industry.

  • NCI’s earnings up despite steel cost pinch Sep 03, 2008

    Strong demand from the industrial, institutional and agricultural sectors and a solid performance by its components and coatings segments helped NCI Building Systems Inc., Houston, post net income of $31.9 million for its fiscal third quarter, a 49.5-percent gain from $21.3 million in the same period last year.

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