Supply Chain

  • US, Canadian drilling increases Jul 07, 2014

    The number of drill rigs operating in both the United States and Canada climbed the week.

  • BMW plans $1-billion investment in Mexico Jul 03, 2014

    BMW Group’s commitment to globally balanced growth and the North American Free Trade Agreement (Nafta) region took on a mega-dollar dimension July 3 when the premium automaker announced plans to build a $1-billion production plant near San Luis Potosi, Mexico.

  • Steel urges action on currency manipulation Jul 03, 2014

    The American Iron and Steel Institute (AISI), the Steel Manufacturers Association (SMA) and 11 other trade groups have urged strong and enforceable provisions prohibiting currency manipulation in all future U.S. free-trade deals.

  • Flooding disrupts SSAB rail shipments Jul 03, 2014

    Flooding in the Quad Cities area has stopped rail shipments in and out of the SSAB Americas’ plate mill in Montpelier, Iowa.

  • West Coast port labor talks slowing scrap flow Jul 03, 2014

    The flow of scrap is being impacted by labor negotiations at West Coast ports despite no official disruption of port operations.

  • Constellium, UACJ break ground on Ky. plant Jul 02, 2014

    Constellium NV and United Aluminum Co. of Japan Corp. (UACJ) broke ground on a body-in-white plant in Bowling Green, Ky., two months after their initial site selection was announced.

  • Aluminicaste’s 850,000T stockpile a concern Jul 02, 2014

    U.S. aluminum extruders are growing concerned over a massive stockpile of aluminum extrusions being stored at a casting facility in Mexico.

  • GM plant resumes output after blast Jul 02, 2014

    Production has resumed at General Motors Co.’s stamping plant in Marion, Ind., after an explosion July 1 killed one worker and injured several others.

  • Greenbrier posts profit on tank car demand Jul 02, 2014

    Greenbrier Cos. Inc. swung into the black in its fiscal third quarter as rail car backlogs surged while repair and retrofitting business is expected to be brisk.

  • Leggett & Platt to acquire Tempur assets Jul 01, 2014

    Diversified manufacturer Leggett & Platt Inc. has acquired Tempur Sealy International Inc.’s three U.S. innerspring component production facilities for $48 million, the companies said July 1.

  • Wynnchurch acquires U.S. Manufacturing Jul 01, 2014

    Wynn­church Capital Ltd., a middle-market private equity firm, has acquired U.S. Manufacturing Corp. (USM).

  • AZZ broadens galvanizing reach with Zalk Steel deal Jul 01, 2014

    AZZ Inc. has completed its acquisition of Zalk Steel & Supply Co., a small-kettle niche provider of galvanizing services based in Minneapolis, the company said June 30.

  • Sonco Worldwide adds Griffin Supply to stable Jul 01, 2014

    Sonco Worldwide Inc. has acquired wholesale mechanical pipe and tube distributor Griffin Supply Inc. for an undisclosed price.

  • Falcon Steel files for Ch. 11 Jul 01, 2014

    Steel fabricator Falcon Steel Co. has filed for Chapter 11 bankruptcy protection, listing several tubular mills among its largest unsecured creditors, although the company expects to emerge from insolvency shortly.

  • Olympic Steel amends, extends credit facility Jul 01, 2014

    Olympic Steel Inc. has amended and extended its asset-based credit facility.

  • Green energy may boost copper use Jun 30, 2014

    Power generation and automobiles account for about 7 percent of global copper demand, but a 20-percent shift in these markets to "green" alternatives could boost copper usage by up to 2.5 million tonnes by 2025, according to one industry analyst.

  • Patrick buys fabricator to boost RV reach Jun 30, 2014

    Patrick Industries Inc. has acquired fabricated aluminum producer and distributor Foremost Fabricators LLC for $45 million with a view toward expanding its presence in the recreational vehicle (RV) market.

  • Holiday notice Jun 30, 2014

    AMM’s offices will be closed Friday, July 4, in observance of Independence Day, and there will be no issue that day. The New York Mercantile Exchange also will be closed Friday. The London Metal Exchange will be open, and AMM will publish the LME’s July 4 prices in the July 8 issue.

  • American Alloy, Moore file appeal in MM Steel case Jun 27, 2014

    American Alloy Steel Inc. and president Arthur J. Moore have filed an appeal in an antitrust case that saw several steelmakers and service centers hit with $156 million in damages, according to court documents.

  • Gibraltar expecting weaker 2d-qtr. results Jun 27, 2014

    Gibraltar Industries Inc. expects weaker-than-anticipated results in the second quarter due to construction markets that have failed to rebound from the severe winter.

  • AZZ mulls acquisitions to grow galvanizing Jun 27, 2014

    AZZ Inc. plans to expand its galvanizing business and is considering organic growth, mergers and acquisitions, executives said during an earnings conference call June 27.

  • Trinity to acquire Meyer Steel Structures Jun 27, 2014

    Trinity Industries Inc. has entered into an agreement to acquire Meyer Steel Structures, the utility steel structures division of Thomas & Betts Corp., for $600 million.

  • Stronger sales lift Worthington profits Jun 26, 2014

    Worthington Industries Inc.’s net income increased 10.9 percent in its fiscal year despite a 1.1-percent dip in the last three months of the year.

  • O’Neal, Leeco win $117M in fraud suit Jun 26, 2014

    Service center operators O’Neal Steel Inc. and Leeco Steel LLC have prevailed in their 2011 lawsuit against two steel suppliers and their owners alleging fraud, misrepresentation, negligence and breach of contract and warranty.

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