Supply Chain

  • Pacific Steel sale to ‘stalking horse’ OK’d Aug 05, 2014

    A "stalking horse" bid for Pacific Steel Casting Co. has become the winning—and only—bid as the West Coast foundry’s sale has been approved nearly six months after it entered federal bankruptcy proceedings, a spokeswoman for the company confirmed.

  • Spirit still looking to divest Okla. operations Aug 05, 2014

    Spirit AeroSystems Inc.’s Oklahoma facilities remain up for sale despite the company’s failure to unload them during the past year.

  • UTC to supply nacelles for latest Dreamliner Aug 05, 2014

    More than a half dozen of United Technologies Corp.’s (UTC’s) operations and its suppliers will build the engine nacelle systems for Boeing Co.’s new 787-10 Dreamliner.

  • Kinder Morgan mulls $1B project Aug 05, 2014

    Kinder Morgan Energy Partners LP is seeking commitments for a $1-billion transportation project.

  • Koide Kokan to expand in Tenn. Aug 05, 2014

    Koide Tennessee Inc. is expanding its operations in Tennessee in an effort to meet rising North American automotive demand.

  • Worthington Industries buys MEF, JRE Aug 04, 2014

    Worthington Industries Inc. has added two companies involved in the energy sector to its fold.

  • SMDI taps Hall to succeed Krupitzer Aug 04, 2014

    Jody N. Hall has been tapped to succeed Ronald P. Krupitzer as the Steel Market Development Institute’s (SMDI’s) vice president of the automotive market following Krupitzer’s retirement at year-end.

  • Precision Castparts gets rating downgrade Aug 04, 2014

    Goldman Sachs Group Inc. has lowered its rating on Precision Castparts Corp. (PCC) but still considers the aerospace supply chain company a buy.

  • Commerce delays decision on steel nail imports Aug 04, 2014

    The U.S. Commerce Department’s International Trade Administration has postponed to Oct. 27 its preliminary determinations in a countervailing duty investigation against imports of steel nails from five countries.

  • Tricor establishes aero welding wire unit Aug 04, 2014

    Tricor Metals Inc. has entered the aircraft market with a new division distributing aerospace welding wire.

  • Aircraft ‘upcycle’ lifts Spirit out of red ink Aug 04, 2014

    A commercial aircraft "upcycle" spurred by strong demand for large transports, as well as operational improvements, helped Spirit AeroSystems Inc. return to profitability in the second quarter.

  • Alexin installs new billet caster Aug 04, 2014

    Alexin LLC has installed a Wagstaff 9-inch-diameter billet casting system at its aluminum casthouse.

  • Ohio steel distributor facing OSHA fines Aug 01, 2014

    Major Metals Co. has agreed to settle charges that it failed to protect workers from amputation and fall hazards.

  • East Penn Manufacturing names new chief Aug 01, 2014

    Lead-acid battery maker East Penn Manufacturing Co. Inc. named Daniel Langdon its new chief executive officer after the death of former chief executive Sally Miksiewicz, Langdon confirmed to AMM.

  • Encore to expand Texas aluminum wire facility Aug 01, 2014

    Encore Wire Corp. plans to expand its aluminum building wire facility in McKinney, Texas, the copper and aluminum wire maker said July 30.

  • Drew Industries’ sales, net jump in 2d qtr. Aug 01, 2014

    Drew Industries Inc., a major supplier of components for recreational vehicles (RVs) and manufactured homes, reported stronger second-quarter results as improved production capacity and spiking demand helped bolster the company’s bottom

  • Jaguar to use Novelis high-recycle alloy Aug 01, 2014

    Jaguar Land Rover Ltd. will use a new lightweight aluminum alloy on its 2016 Jaguar XE, a new compact premium sports sedan.

  • Harsco resolves suit against former employee Aug 01, 2014

    Harsco Corp. has agreed to resolve a lawsuit alleging a trade secrets violation against a competitor and a former employee with no admission of wrongdoing by any party, according to documents filed in U.S. District Court in Pennsylvania.

  • Congress approves Highway Trust Fund bill Aug 01, 2014

    A last-minute measure to provide $10.9 billion to the federal Highway Trust Fund, allowing state construction projects to continue uninterrupted, was approved by Congress July 31.

  • Reliance buys Illinois distributor Aug 01, 2014

    Reliance Steel & Aluminum Co. has acquired all of the capital stock of Northern Illinois Steel Supply Co., a value-added distributor and fabricator of steel and nonferrous metal products, for an undisclosed price.

  • Keystone XL hearing set for Sept. Aug 01, 2014

    A Nebraska Supreme Court hearing in September will decide the fate of TransCanada Corp.’s Keystone XL pipeline in the state.

  • Boeing to build newest Dreamliner in SC Jul 31, 2014

    Boeing Co.’s South Carolina facility is due to grow in importance after being chosen as the exclusive final assembly site for the newest version of the 787 Dreamliner, disappointing some of the company’s largest unions.

  • American Railcar’s net jumps 36.4% Jul 31, 2014

    American Railcar Industries Inc.’s net income soared 36.4 percent in the second quarter due in part to stepped-up production of hopper cars and continued strong output of tank cars.

  • General Cable posts loss, closes facilities Jul 31, 2014

    Copper and aluminum wire and cable producer General Cable Corp. has closed three manufacturing facilities in North America, India and Peru as part of its restructuring program.

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