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In the latest in a series of disputes, the largest white-collar union at Spirit AeroSystems Inc. has filed an unfair labor practice charge against the aerospace company.
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More than 60,000 people have signed a pledge to "engage in acts of dignified, peaceful civil disobedience," which could result in their arrest, if the Obama administration approves TransCanada Corp.’s proposed Keystone XL pipeline, according to activist organization Credo Action.
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Formtek Inc., which manufactures coil processing, stamping, forming and fabricating equipment, has entered into an agreement to purchase Roto-Die Inc.
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Workers at a Caterpillar Inc. plant in South Milwaukee, Wis., have ratified a six-year collective bargaining agreement, a United Steelworkers union Local 1343 spokesman told AMM.
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Marmon/Keystone LLC has broken ground for a metals service center in McConnellsburg, Pa.
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Truck and engine builder Navistar International Corp. reported a net loss of $374 million in the quarter ended April 30, more than double the $172-million loss it posted in the same period last year.
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Purchasing managers indicate that the steel sheet market is inching toward recovery, with destocking reportedly on the decline and mills’ efforts to raise hot-rolled sheet prices said to be gaining some spotty traction.
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North American Energy Partners Inc. (NAEP) is selling its piling business to Keller Group Plc for net proceeds of about Canadian $210 million ($206.1 million).
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Automakers, auto suppliers and metal companies in six states have announced expansion projects over the past month with a combined value of nearly $158 million.
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Oneok Inc. plans to discontinue its energy services segment through an "accelerated wind-down process, releasing non-affiliated, third-party natural gas transportation and storage contracts." The wind-down is expected to be completed by April 2014, the company said.
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Nucor Corp.’s metal building manufacturing division, Nucor Building Systems, has authorized Howard Shockey & Sons Inc. as a design/build partner, the contracting and construction management company said on its website.
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Workers at Canadian foundry Metallurgy Castech Inc. have signed a new eight-year collective bargaining agreement, the United Steelworkers union said.
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Kinder Morgan Energy Partners LP is looking to diversify into natural resources with “non-operating investments in coal and other mineral reserve properties and infrastructure,” the company said June 10.
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The Commerce Department’s International Trade Administration (ITA) has issued a recission list in an anti-dumping duty administrative review of imports of finished and unfinished tapered roller bearings from China from June 1, 2011, to May 31, 2012.
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Aerospace component supplier Triumph Group Inc. has won a role building the Embraer SA’s new generation of airliners, which will be worth about $1.7 billion in business over the lifetime of the contract.
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Smith Brothers Slitting, a toll processor that started up in 2007 in Detroit, has expanded its processing capacity for a niche product.
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Exide Technologies Inc., a leading producer and recycler of lead-acid batteries, has filed for Chapter 11 bankruptcy protection, listing assets of about $1.89 billion and liabilities of about $1.14 billion.
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Ratner Steel Supply Co.’s newest processing center in Portage, Ind., began shipments to customers June 10 after starting up its new Red Bud heavy-gauge flat-rolled leveler-stretcher line.
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Bearings makers NSK Corp. and NSK Precision America Inc. will invest $30.2 million to equip and renovate two facilities at their Franklin, Ind., manufacturing complex, according to the Indiana Economic Development Corp. (IEDC).
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Maas-Hansen Steel Corp.’s ownership will remain independent following the death of chairwoman Lura Mae Hansen-Foote in April at the age of 98.
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Primary stainless steel prices have eased further in recent weeks on the back of lower surcharges, with market participants reporting shorter lead times moving into the summer.
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Powdermet Inc. has secured partnerships with the U.S. Army, the U.S. Navy and the U.S. Energy Department to move toward commercialization of its EnCom energetic nanocomposites and MComP microcomposite materials for use in high-density energy storage and energy-efficient mechanical bearing markets.
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Quanex Building Products Corp. remains "very bullish" about its long-term prospects, but it expects no near-term relief from low aluminum prices and believes forecasts of a recovery in the repair and remodeling (R&R) market are overly optimistic, company executives said.
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Esmark Steel Group LLC, Chicago Heights, Ill., has entered into an agreement with Partners in Steel International LLC to sell its special bar quality (SBQ) assets as the service center effectively exits the steel bar business.