Supply Chain

  • Veritas Steel sees growth in infrastructure Nov 07, 2013

    Veritas Steel LLC, which fabricates steel bridge components, anticipates growth in spending on U.S. infrastructure improvements and expansion into heavy-structure projects other than bridges, one director said.

  • Low titanium scrap costs help RTI’s earnings Nov 07, 2013

    RTI International Metals Inc.’s profits skyrocketed in the third quarter due in part to falling scrap prices, with the company saying it sees its raw material costs dipping further in 2014.

  • LME nickel stocks hit new record high Nov 07, 2013

    Spot nickel premiums were unchanged Nov. 6, but some market participants forecast an upturn due to a dwindling supply of available material and low prices as stocks in London Metal Exchange-listed warehouses reached another record high.

  • Klöckner strategy keyed to boost US profits Nov 07, 2013

    Although Klöckner & Co. SE will remain in a cost-cutting mode through the end of 2013, including at U.S. subsidiary Kloeckner Metals Corp., it expects to improve profits in the region by revising its U.S. sales strategy.

  • Bekaert closing steel wire facility in Canada Nov 07, 2013

    NV Bekaert SA is closing its Surrey, British Columbia, facility due to an exodus of customers to other parts of North America, the company announced Nov. 6.

  • Pratt & Whitney, IHI ink parts deal for Japan’s F-35 fighter Nov 07, 2013

    Pratt & Whitney Corp. (P&W) has chosen IHI Corp. to produce engine components for the Japanese fleet of the F-35 Lightning II joint strike fighter.

  • L.B. Foster keen on energy pipe amid mixed outlook Nov 07, 2013

    L.B. Foster Co.’s outlook is mixed for the rest of the year and into 2014.

  • Tentative Boeing labor deal has trade-off Nov 07, 2013

    A tentative agreement between Boeing Co. and its largest union would ensure that production of the newest version of the 777 airliner, as well as its planned new wing, remains in the Pacific Northwest’s Puget Sound region—but it includes a big trade-off for the company’s work force.

  • Dana expands aftermarket axle, gear system products Nov 06, 2013

    Dana Holding Corp. has launched several new aftermarket products for passenger cars and light-duty trucks, including rear axle shafts made of carbon steel, and ring and pinion gearing made from forged alloy steels.

  • Jeep to ride with Vari-Form part Nov 06, 2013

    Vari-Form has manufactured the upper cross member on the 2014 Chrysler Jeep Cherokee using proprietary pressure-sequence hydroforming technology.

  • Airbus’ final A350 test plane in assembly, to fly in early ‘14 Nov 06, 2013

    The last of three fuselage sections for the final aircraft in Airbus SAS’ A350 XWB test fleet has arrived at the company’s assembly line in Toulouse, France, where it is headquartered.

  • Zinc industry vets form new venture Nov 06, 2013

    A group of zinc industry veterans sees a unique opportunity in the pending shutdown of Horsehead Holding Corp.’s Monaca, Pa., zinc production facility, and intends to capitalize.

  • PDM Bridge assets sold to Atlas Veritas Steel Nov 06, 2013

    Veritas Steel LLC announced it has acquired assets of PDM Bridge LLC, which fabricates steel components for large, complex bridge structures.

  • TransCanada sees no change on permits Nov 06, 2013

    TransCanada Corp. doesn’t expect a significant shift in the permitting of cross-border pipelines in the near future.

  • PMI rises, but producers see no growth as outlook mixed Nov 06, 2013

    The Purchasing Managers Index (PMI) moved up slightly in October to 56.4, indicating continued expansion in the U.S. manufacturing sector.

  • CPI Aerostructures’ net income falls Nov 05, 2013

    CPI Aerostructures Inc.’s third-quarter net income fell 31.6 percent as adjustments on some of the company’s major programs continued to pressure profit margins.

  • Boeing plans to increase 737 airliner output Nov 05, 2013

    Boeing Co. said it will increase production of its 737 airliner to 47 planes per month in 2017.

  • American Axle modifies production Nov 05, 2013

    American Axle & Manufacturing Holdings Inc., a heavy consumer of special bar quality (SBQ) products, is altering its production mix and cadence in response to hiccups with major new vehicle launches by General Motors Co. and Chrysler Group LLC.

  • US automotive sales accelerate in October Nov 04, 2013

    Vehicle sales by the top seven U.S. automakers approached 1.03 million units last month, a 10.9-percent jump from the same month in 2012 and 7.3 percent higher than September levels, although October had two additional selling days.

  • Bermco Aluminum temporarily ceases output Nov 04, 2013

    Secondary aluminum alloy producer Bermco Aluminum has been forced to temporarily cease production due to serious issues with both of its furnaces, a source at the company told AMM Nov. 4.

  • Pull-A-Part pushes ahead with buying spree Nov 04, 2013

    Pull-A-Part LLC has picked up its third Texas auto recycler this year as part of a strategy to expand its reach for vehicles.

  • Drew targets exports, mulls acquisitions Nov 04, 2013

    Drew Industries Inc. spent $3 million in the first nine months of 2013 to boost its internal steel stamping capacity in the third quarter, chief financial officer and treasurer Joseph S. Giordano said, noting that the company is also considering acquisitions.

  • Feds subpoena Progress Rail in Calif. Nov 04, 2013

    Progress Rail Services Corp. is being investigated by federal authorities for alleged violations of environmental law and improper business practices in California.

  • China’s auto exports drop, imports rise in September Nov 04, 2013

    China exported 73,800 automobiles in September, down 30.5 percent year on year and 1.6 percent below August figures, according to data released Nov. 3 by the China Association of Automotive Manufacturers.

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