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William T. Phillips, founder and chairman of Phillips Service Industries Inc., has died at age 79 following a battle with amyotrophic lateral sclerosis, commonly known as Lou Gehrig’s disease.
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U.S. service centers saw both aluminum shipments and inventories decline in April from the same month a year ago, while Canadian distributors watched both rise in the same comparison, Metals Service Center Institute (MSCI) data show.
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The North Carolina House of Representatives has passed a bill that would effectively block the use of Leadership in Energy and Environmental Design (LEED) ratings for public projects, a move that Nucor Corp. protested because it could hurt steel mills in the region that sell construction-related products.
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TransDigm Group Inc. has entered a deal to buy aerospace component manufacturer Arkwin Industries Inc. for about $286 million in cash, marking its second announced acquisition, the company said May 15.
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Kinder Morgan Energy Partners LP is planning to invest $106 million in Texas.
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Greenbrier Cos. is retiring $52.9 million of its outstanding convertible debt.
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Mexico’s construction sector contracted 2.3 percent year on year in the first quarter due to a squeeze on cash flows and delays to public works spending as a new government took power.
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Nissan North America Inc. and Car Charging Group Inc., which provides electric vehicle (EV) charging services, launched a joint initiative to expand the nationwide network of EV charging stations.
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Bri-Chem Corp. says it is hard to predict how the rest of the year will shape up for the North American drilling market, although it does expect a second-quarter decline in Canadian activity due to the snow melt.
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Edgen Group Inc. has withdrawn its previously issued guidance for 2013 as it posted a first-quarter net loss of nearly $5.39 million on sales that fell 19.7 percent to $406.1 million.
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Ford Motor Co. sees promise in new battery technologies and the use of liquid and compressed natural gases as fuel, even though there are obstacles to the widespread adoption of such alternatives.
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The oil and gas industry will likely consolidate as tougher environmental regulations take hold, according to an industry survey conducted by oil and gas technical services provider GL Noble Denton.
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Shale plays are making the West a "very hot market" for both the railroads and the tank cars that transport output from energy-rich regions, one railroad executive said.
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China Gerui Advanced Materials Group Ltd. has retained Craig T. Bouchard’s Cambelle-Inland as an adviser for its strategic planning and expansion in North America and "around the world," the company said May 13.
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U.S. Steel Corp. and Kobe Steel Ltd. commissioned the new continuous annealing line at their Pro-Tec Coating Co. joint venture in Leipsic, Ohio, on May 13.
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Timken Co. has expanded its industrial services capabilities with the purchase of Canadian gear manufacturer Standard Machine.
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Logistics services provider MoveTran LLC now offers "pick-and-pack" services for steel products throughout the Northeast and Mid-Atlantic regions.
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Universal Stainless & Alloy Products Inc.’s Bridgeville, Pa., facility has achieved National Aerospace and Defense Contractors Accreditation Program (Nadcap) heat-treat accreditation.
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Ohio Star Forge Co. will break ground May 14 on a $20-million expansion project in Champion Township, Ohio.
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Los Angeles-area ports, which already have the reputation of being among the most expensive U.S. arrival points for imported steel, are due to get a lot more costly, according to local shipping industry executives.
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Nissan Motor Co. Ltd. recorded a profit of 342 million yen ($4.1 billion) on revenues of 9.63 trillion yen ($116.2 billion) for its fiscal year ended March 31.
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The Commerce Department’s International Trade Administration (ITA) has issued its preliminary results in the anti-dumping duty administrative review on front-seating service valves from China for the April 1, 2011, to March 31, 2012, period.
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Greater use of aluminum is helping Cadillac reduce overall weight of its ATS and CTS sedans, the luxury automaker said.
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A bill aimed at expediting the approval process of natural gas pipelines has been introduced in Congress by Rep. Mike Pompeo (R., Kan.).