Supply Chain

  • Toyota to begin shipping US-built vans to S. Korea Nov 01, 2011

    Toyota Motor North America Inc. will begin exporting its top-selling, U.S.-built Sienna minivans this month to distributors in South Korea.

  • Progress Rail opens new locomotive plant Nov 01, 2011

    Progress Rail Services Corp., a subsidiary of Caterpillar Inc., celebrated the opening of its Muncie, Ind., locomotive manufacturing plant Saturday.

  • Steel distributors hopeful for balanced 1st qtr. Nov 01, 2011

    Steel distributors predict a continuing scramble for market share amid a seasonal downturn but are hopeful that the market will self-correct by the first quarter.

  • Asian venture to buy Canadian coal miner Grande Cache Nov 01, 2011

    A joint venture established by two Asian companies has entered a deal to acquire North American metallurgical coal asset Grande Cache Coal Corp.

  • Moody’s upgrades U.S. automakers, suppliers Nov 01, 2011

    Moody’s Investors Service has raised ratings on two U.S. automakers, and set ratings for a German automaker and two Tier I suppliers.

  • Nissan Mexicana boosts output Nov 01, 2011

    Nissan Motor Co. Ltd. affiliate Nissan Mexicana SA de CV produced 440,645 light vehicles in the first nine months of this year, up 20.1 percent from 366,797 in the same period last year.

  • FreightCar backlog soars, results improve Nov 01, 2011

    FreightCar America Inc., which builds steel and aluminum rail cars that transport iron ore, metallurgical and thermal coal, finished automobiles and many other goods, has seen its backlog of orders more than double over the past 12 months.

  • Whirlpool welcomes trade decision in slow mart Oct 31, 2011

    Whirlpool Corp. welcomed a recent preliminary determination by the U.S. Department of Commerce finding that foreign manufacturers in South Korea and Mexico violated U.S. and international trade laws by selling bottom-mount refrigerators in the United States at unfair prices.

  • Thai flooding deals automakers new blow Oct 31, 2011

    Japanese auto brands had already faced tough times this year due to the March earthquake and tsunami in Japan. Now, historic flooding in Thailand is forcing automakers to halt production once again.

  • Whirlpool plans cuts as demand slumps Oct 31, 2011

    Appliance manufacturer and major metal consumer Whirlpool Corp. said U.S. demand for appliances has slumped back to recession levels, forcing the company to significantly restructure its operations.

  • Executives at odds on steel futures Oct 31, 2011

    Steel distributors heard clashing views on the outlook for futures trading from different points on the supply chain.

  • Auto sector M&A still on shaky ground Oct 31, 2011

    As auto suppliers rev up profits and production, hedge fund and equity owners will want to monetize their holdings—but the deal market is still plagued by confusion, industry observers said during a Society of Automotive Analysts seminar.

  • Tribunal begins inquiry into stainless steel sinks from China Oct 31, 2011

    The Canadian International Trade Tribunal has initiated a preliminary inquiry into a complaint by Novanni Stainless Inc., Oakville, Ontario, and Franke Kindred Canada Ltd., Midland, Ontario, to determine whether imports of stainless steel sinks from China have resulted in material injury.

  • Dumping margins set on South Korea, Mexico products Oct 31, 2011

    In its investigation of imports of bottom-mount combination refrigerator-freezers from South Korea and Mexico, the Commerce Department has set preliminary dumping margins.

  • Tier I auto supplier Nexteer planning $150M expansion Oct 31, 2011

    Nexteer Automotive, a Tier I automotive supplier that manufactures components for wheel-to-wheel advanced steering and driveline systems, plans to invest $150 million in its Saginaw, Mich., operations.

  • US, Canadian drilling inches up Oct 31, 2011

    The number of drill rigs running in the United States increased by eight last week, led by Texas (up seven), and Canadian drilling activity rose by two rigs compared with the previous week.

  • Great Lakes-Seaway helps drives economy Oct 31, 2011

    Cargo shipments on the Great Lakes-St. Lawrence Seaway system generated $33.6 billion worth of economic activity and 227,000 jobs in the United States and Canada in 2010, according to a new study.

  • Cliffs predicts 2012 iron ore price range will match 2011 Oct 28, 2011

    A recent pullback in spot iron ore prices appears to be driven by tight credit and a market looking to find its floor, Cliffs Natural Resources Inc. executives said during the company’s third-quarter earnings conference call.

  • Invest back in US harbors: port officials Oct 28, 2011

    The cost of maintaining U.S. port infrastructure and the alleged misappropriation of funds earmarked for investment in the nation’s port facilities dominated the testimony presented this past week at a hearing before the House Water Resources and Environment Subcommittee of the Transportation and Infrastructure Committee.

  • Ford boosting 4th-qtr. output on growth in market share Oct 28, 2011

    Ford Motor Co. expects to end 2011 with a tidy profit as it continues to eke out increases in market share across the globe, including North America, with fourth-quarter vehicle output expected to rise to match higher sales.

  • Auto parts probe just starting: lawyer Oct 28, 2011

    The federal antitrust investigation into allegations of price-fixing and bid-rigging in the automotive parts industry is just beginning, according to an attorney in Detroit, the epicenter of the burgeoning scandal.

  • Recovering aerospace market spurs PCC Oct 28, 2011

    Rising build rates in the commercial aerospace industry are prompting Precision Castparts Corp. (PCC) to accelerate hiring and speed up planned capital investments.

  • Chrysler union workers ratify four-year labor agreement Oct 28, 2011

    United Auto Workers (UAW) union members have ratified a four-year labor agreement with Chrysler Group LLC.

  • Steel capacity, imports hurt industry: Reliance Oct 27, 2011

    Benchmark hot-rolled coil and steel plate prices will continue to fall through year-end as sheet mill production capacity grows, leading distributors to keep curtailing their stocks, Reliance Steel & Aluminum Co. executives predict.

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