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Greenbrier Cos. saw its quarterly net income fall sharply, and the rail car manufacturer has vowed to sell off additional assets in order to "liberate" capital.
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Japan’s Furukawa Electric Co. Ltd. has been fined Canadian $5 million ($4.9 million) by the Ontario Superior Court of Justice for its alleged participation in an international bid-rigging conspiracy.
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Aluminum fabricator and distributor Tubelite Inc. has chosen a location on the southeast side of Dallas for its new regional facility, the company said April 4.
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The United States needs an immigration policy that will help it stay globally competitive, Caterpillar Inc. chairman and chief executive officer Douglas R. Oberhelman said in a speech before the Illinois Business Immigration Coalition in Chicago.
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Consolidated Precision Products Corp. (CPP) has appointed Andy Klaus chief financial officer.
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The House Energy and Power subcommittee will hold a hearing April 10 on legislation that would expedite the approval process for TransCanada Corp.’s proposed Keystone XL pipeline.
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Noble Energy Inc. has brought online its Tamar natural gas field off the coast of Israel in the Mediterranean Sea.
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The Port of Los Angeles and U.S. Army Corps of Engineers leaders have marked the completion of a 10-year, $370-million dredging project to deepen the port’s Main Channel, West Basin Channel and East Basin Channel to 53 feet from 45 feet.
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Marubeni-Itochu Steel America Inc. (Misa) has combined three of its metal processing subsidiaries as part of its drive to streamline its operations in the southern United States.
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An infrastructure bill that would provide funding for harbor maintenance and port improvement is set to hit the floor of the U.S. Senate in April or May. It will be the first of its kind to do so in six years.
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Nucor Wire Products Pennsylvania Inc. has filed a lawsuit against fabricator Rack & More LLC for allegedly failing to pay for wire decking.
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The top-selling automakers in the United States sold more than 1.25 million vehicles in March, 3.2 percent higher than in March last year, prompting several manufacturers to call it their best March in years.
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Noble Energy Inc. plans to build the first liquefied natural gas (LNG) plant in Colorado, the company said.
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Arkansas Attorney General Dustin McDaniel has opened an investigation into the "cause and impact" of the recent oil spill from ExxonMobil Pipeline Co.’s Pegasus pipeline near Mayflower, Ark.
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Ohio Star Forge Co., which makes parts for the automotive, off-highway equipment and bearings industries, among others, plans to double its forging capacity with a $20-million expansion.
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The Association of Steel Distributors (ASD) has approved Marc Saracco as its new executive director.
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Lightweighting has become a governing trend in vehicle design, and Tier I auto suppliers are doing all they can to supply vehicle manufacturers with lightweight solutions.
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The Georgia legislature has included an additional $50 million in its fiscal 2014 budget to deepen ports.
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Marmon/Keystone Canada Inc., an affiliate of Marmon/Keystone LLC, has opened a warehouse near Quebec City, the company announced April 2.
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Ice blockages have delayed shipments on the upper Mississippi River, and the northern stretches of the waterway are unlikely to be navigable before the middle of next week, the U.S. Army Corps of Engineers told AMM.
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Ratner Steel Supply Co. will likely start up its second service center by the end of May, chief financial officer and general manager Steve Gottlieb told AMM April 2.
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Two fabricators, Juniper Elbow Co. Inc. and Rothe Welding Inc., have been fined a total of more than $160,000 by the Occupational Safety and Health Administration (OSHA) for alleged safety violations.
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TransCanada Corp. is holding a "binding open season" to obtain firm commitments for its proposed Energy East Pipeline project from western to eastern Canada, the company said April 2.
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Canadian Pacific Railway (CP Railway) has completed the cleanup of an oil spill in Minnesota following the derailment of 14 rail cars carrying crude oil to Chicago from Alberta.