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  • MELTING POT: Busse and the Corvettes Dec 11, 2009

    Keith Busse, who was able to tear apart a V-8 engine and put it back together in his youth, plans to bring eight of his Chevrolet Corvettes—vintage and modern—to the dedication of Ivy Tech Community College’s new technology center named in honor of Busse and his company, Steel Dynamics Inc. (SDI). The center, to open early next year in Fort Wayne, Ind., is an advanced manufacturing training facility for the two-year trade school, which the company has supported through its Steel Dynamics Foundation, established more than three years ago to provide grants to educational and charitable organizations. SDI contributed $15 million to the foundation in 2008. Grants also have been given to Indiana University and other institutions. “Our company has hired a lot of Ivy Tech graduates,” SDI’s chairman and chief executive officer told AMM. Busse’s Corvettes will illustrate the evolution of automotive engines from the 1950s. No word if test drives are included.

  • Investment in commodities at record levels: Barclays Dec 10, 2009

    Just over a year after the biggest financial crash since the Great Depression, financial investors are pouring record amounts of cash into commodities and are likely to increase their investments next year, according to Barclays Capital.

  • Institutional investment in commodities at record levels: Barclays Dec 10, 2009

    Just over a year after the biggest financial crash since the Great Depression, financial investors are pouring record amounts of cash into commodities and are likely to increase their investments next year, according to Barclays Capital.

  • Coil coater NCI Building Systems logs $115.3M loss in fourth qtr. Dec 09, 2009

    NCI Building Systems Inc., a coil coater and manufacturer of metal products for nonresidential construction, posted a $115.3-million loss in its fourth quarter ended Nov. 1, in contrast to net income of $24.6 million in the same period last year.

  • United Airlines places order for Boeing, Airbus aircraft Dec 08, 2009

    United Airlines Inc. has ordered 25 new Boeing 787 Dreamliners, but also picked the aircraft maker’s European rival for a similar number of planes amid growing indications that the much-delayed 787 will, in fact, fly for the first time this year.

  • GM to manufacture electric Volt in Detroit Dec 08, 2009

    General Motors Co. plans to invest $336 million in the Detroit-Hamtramck assembly plant to begin production of the Chevrolet Volt electric car next year.

  • High-speed rail funds could bring manufacturing to US Dec 08, 2009

    More than 30 companies are planning to establish or expand manufacturing operations in the United States if they are selected to build high-speed rail networks in this country, according to Transportation Secretary Ray LaHood.

  • Notice: Recycling Manager Dec 07, 2009

    The biweekly newsletter Recycling Manager will cease publication on Dec. 28. AMM will continue to publish the Recycling Manager Composite, which provides both current and historic pricing for selected grades.

  • Melting Pot Dec 04, 2009

  • US sees auto sales fall 10.6% month on month in November Dec 02, 2009

    Car and light truck sales by the top seven brands in the United States fell 10.6 percent in November after rising 13 percent month on month in October, according to an AMM analysis.

  • Dreamliner completes test as first flight deadline nears Dec 02, 2009

    Another test has been completed on the new Boeing 787 Dreamliner as the aircraft’s builder approaches the self-imposed deadline for its first flight.

  • Manufacturing PMI eases in Nov., but sector still growing: ISM survey Dec 01, 2009

    Economic activity in the manufacturing sector expanded in November for the fourth consecutive month, with the overall economy growing a seventh straight month, according to the Institute for Supply Management’s (ISM’s) manufacturing report on business.

  • Fabricator, distributor Arch Aluminum files for Ch. 11, sets recovery plan Dec 01, 2009

    Arch Aluminum & Glass Co. Inc. has announced plans to pull itself out of bankruptcy just five days after initiating the filing.

  • Primary metal shipments, new orders up in October Nov 30, 2009

    Primary metal shipments and new orders each increased 3.6 percent in October from September, the U.S. Census Bureau said, while inventories remained flat and unfilled orders (backlog) increased 1.4 percent.

  • Primary metal shipments, new orders up in October Nov 30, 2009

    Primary metal shipments and new orders each increased 3.6 percent in October from September, the U.S. Census Bureau said, while inventories remained flat and unfilled orders (backlog) increased 1.4 percent.

  • Fabricated metals main user of steel, aluminum shipped by service centers Nov 30, 2009

    Fabricated metal products were the leading end-use of both steel and aluminum shipped by metal distributors in the United States and Canada last year.

  • Midwest manufacturing index ticks up in October Nov 30, 2009

    The Midwest manufacturing index inched up in October to a seasonally adjusted level of 82.9 from a revised 82.7 the previous month, the Federal Reserve Bank of Chicago said Monday, reflecting in part a 0.8-percent increase in steel sector output in the region.

  • California issues draft of cap-and-trade legislation Nov 30, 2009

    A preliminary draft of a proposed cap-and-trade program has been published by the state of California.

  • California issues draft of cap-and-trade legislation Nov 30, 2009

    A preliminary draft of a proposed cap-and-trade program has been published by the state of California.

  • Ontario eyes export rise, metals seen mixed Nov 23, 2009

    Ontario’s exports are expected grow 8 percent in 2010 after registering four years of declines, although metals sector trade will be mixed.

  • Freight firm names new director Nov 23, 2009

    Freight management company BestTransport.com has elected independent metals consultant Eugene Greenberg, a former Alcoa Inc. executive, to its board of directors.

  • US said getting short end of the stick in relations with China Nov 23, 2009

    China’s relationship with the United States continues to be overshadowed by numerous factors that negatively impact the U.S., according to the seventh annual report to Congress by the U.S.-China Economic and Security Review Commission.

  • Holiday notice Nov 20, 2009

    AMM’s offices will be closed Nov. 26 and 27 in observance of Thanksgiving. The London Metal Exchange will be open both days. The New York Mercantile Exchange will be closed Nov. 26 but will be open Nov. 27. AMM will carry holiday pricing from both exchanges in the Dec. 1 issue.

  • New PMA chair issues call for manufacturing integrity Nov 20, 2009

    Gretchen Zierick, president of Zierick Manufacturing Corp., Mount Kisco, N.Y., has been selected to chair the Precision Metalforming Association’s board of directors.

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