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  • Cooper-Standard 32d auto supplier to seek Ch. 11 in '09 Aug 04, 2009

    Cooper-Standard Holdings Inc., parent of Cooper-Standard Automotive Inc., which supplies body sealing, fluid handling and other systems to automakers, filed for Chapter 11 bankruptcy protection on Monday in U.S. Bankruptcy Court for the District of Delaware.

  • US, Mexico inch toward trucking row resolution Aug 04, 2009

    The U.S. may be moving closer to resolving a long-running dispute with Mexico that would allow Mexican trucks to travel throughout the United States over the next several years in exchange for the country dropping its retaliatory tariffs on U.S. goods.

  • US, Mexico inch toward trucking row resolution Aug 04, 2009

    The U.S. may be moving closer to resolving a long-running dispute with Mexico that would allow Mexican trucks to travel throughout the United States over the next several years in exchange for the country dropping its retaliatory tariffs on U.S. goods.

  • Contractors cite red tape for stimulus funds holdup Aug 04, 2009

    Some state and municipal agencies charged with distributing non-transportation stimulus funds are having difficulty with the “Buy American” provision and other reporting requirements.

  • NOTICE: AMM Pricing for Tuesday, August 4, 2009 Aug 04, 2009

    Due to a production error, the pricing pages included in the Tuesday, August 4, 2009 edition were not current. The correct and current prices listed by AMM for August 4 in its Nonferrous Scrap, Scrap Iron and Steel, Metal Exchange and Market Guide pages can be downloaded here.

  • PMI still rising, but not yet into growth territory Aug 03, 2009

    The manufacturing sector suffered its 18th consecutive month of contraction in July, despite some improvement in indices for new orders, production, employment, inventories and prices compared with June, according to the Institute for Supply Management (ISM).

  • Senate passes 18-month extension of highway bill Aug 03, 2009

    The U.S. Senate has passed an 18-month extension of the highway bill, which was due to expire Sept. 30, one day after the House approved an extension.

  • Stimulus potential not yet realized, contractors say Aug 03, 2009

    While the construction portion of the federal economic stimulus program is having a positive impact on some contractors, “it is far from delivering its full promise and potential,” according to the head of a national construction industry trade group.

  • Senate passes 18-month extension of highway bill (UPDATE) Aug 03, 2009

    The U.S. Senate has passed an 18-month extension of the highway bill, which was due to expire Sept. 30, one day after the House approved an extension.

  • Melting Pot Jul 31, 2009

  • AAM gets credit waiver extension Jul 31, 2009

    American Axle & Manufacturing Inc. (AAM) has been granted a waiver extension on the terms of its credit agreement to Aug. 20 from July 30.

  • GE laying off up to 190 workers at Ind. plant Jul 31, 2009

    General Electric Co. is laying off workers at an Indiana refrigerator facility but is sticking with plans to keep the plant open thanks to government incentives.

  • Bankruptcy judge gives Delphi 'go' to sell assets to creditors Jul 30, 2009

    A U.S. Bankruptcy Court judge ruled Thursday afternoon that Delphi Corp. can sell its assets to creditors, paving the way for the auto parts supplier to emerge from bankruptcy protection after nearly four years of deliberation.

  • Primary metals post 8.9% gain in new order values Jul 29, 2009

    The value of new orders for primary metals rebounded sharply in June, registering an 8.9-percent jump to nearly $12.7 billion from $11.6 billion a month earlier, the U.S. Census Bureau reported Wednesday, after logging a 0.2-percent decline in May vs. April.

  • Primary metals post 8.9% gain in new order values Jul 29, 2009

    The value of new orders for primary metals rebounded sharply in June, registering an 8.9-percent jump to nearly $12.7 billion from $11.6 billion a month earlier, the U.S. Census Bureau reported Wednesday, after logging a 0.2-percent decline in May vs. April.

  • Timken seeing red for ‘09, logs $64.5M quarterly loss Jul 29, 2009

    Weak sales volumes across all of its end-markets led Timken Co. to post a net loss in the second quarter, with the company predicting it will draw red ink for the full year as well.

  • Gibraltar alters loan terms, eyes growth Jul 28, 2009

    Gibraltar Industries Inc., which distributes steel and manufactures building products, has amended its senior credit agreement as it sets its sights on growth opportunities.

  • A.M. Castle sinks $5.5M into red in 2d qtr. Jul 28, 2009

    Reflecting continued demand weakness as a result of the global economic recession, specialty metals distributor A.M. Castle & Co. reported a net loss of $5.5 million in the second quarter in contrast to net income of $11.3 million in the same period last year on sales that fell 50.9 percent to $195.1 million from $397.1 million.

  • $22B in stimulus funds given ‘go’: LaHood Jul 27, 2009

    Less than six months after the American Recovery and Reinvestment Act of 2009 was enacted, the U.S. Department of Transportation has made $22 billion available to states and others to greenlight priority projects, Transportation Secretary Ray LaHood testified Friday before the U.S. House Committee on the Budget.

  • $22B in stimulus funds given ‘go’: LaHood Jul 27, 2009

    Less than six months after the American Recovery and Reinvestment Act of 2009 was enacted, the U.S. Department of Transportation has made $22 billion available to states and others to greenlight priority projects, Transportation Secretary Ray LaHood testified Friday before the U.S. House Committee on the Budget.

  • Scrapping of F-22 program to cost over 100 jobs Jul 27, 2009

    The Senate’s vote last week to kill the F-22 fighter plane program will mean the loss of more than 100 jobs at Wyman-Gordon Co., a unit of Precision Castparts Corp., and also bring a series of related cuts at other F-22 suppliers.

  • Melting Pot Jul 24, 2009

  • Card check concessions seen likely Jul 23, 2009

    As wrangling over the Employee Free Choice Act (EFCA) continues, players trying to gain Senate votes on both sides of the equation foresee a compromise coming—one that is unlikely to please everyone, if anyone.

  • Looming card check changes spark concerns Jul 23, 2009

    As wrangling over the Employee Free Choice Act (EFCA) continues, players trying to gain Senate votes on both sides of the equation foresee a compromise coming—one that is unlikely to please everyone, if anyone.

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