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A metalworking executive has joined other industry players in urging the Obama administration to conduct an ongoing analysis of the U.S. manufacturing sector.
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The Boeing 787 Dreamliner finally took off this week after a more than two-year delay, carrying the future hopes of the U.S. titanium industry and other industry suppliers to the giant program.
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American energy independence and the continued enforcement of trade rules will go a long way toward revitalizing the U.S. manufacturing base and the economy and making America a center for innovation again, according to recommendations by the U.S. Manufacturing Council to Commerce Secretary Gary Locke.
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A falloff in domestic metals demand has had a dramatic impact on waterborne shipments in the United States, shipping experts said at AMM’s Moving Metals Conference in Pittsburgh.
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Citation Corp. has acquired Blackhawk Foundry & Machining Co. and sold off its Albion, Ind., facility to Busche Machine. The terms of the separate agreements were not disclosed.
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Full-line service center and processor Kane Steel Co. has closed its doors after 54 years in business.
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Metals distributor and processor Ryerson Inc. posted a net loss of $7.8 million during the third quarter ended Sept. 30, more than triple a year-earlier net loss of $2.5 million but narrower than a second-quarter net loss of $130 million.
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Bankrupt Accuride Corp. has received final approval on $50 million in debtor-in-possession (DIP) financing.
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Car and light truck sales by the top seven brands in the United States rebounded somewhat in October, increasing 13 percent from September, when sales fell 41.9 percent in the immediate aftermath of the federal “Cash for Clunkers” incentive program, according to an AMM analysis.
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The U.S. automotive sector will see three more years of poor sales before registering a recovery in 2013, according to members of the Aluminum Association’s Aluminum Transportation Group.
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The U.S. automotive sector will see three more years of poor sales before registering a recovery in 2013, according to members of the Aluminum Association’s Aluminum Transportation Group.
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Detroit Mayor Dave Bing is considering selling Bing Steel, an automotive industry supplier that is part of Bing Group, one of the largest minority-owned businesses in that sector.
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Two suppliers to the automotive industry have announced plant closures, one in Ohio and the other in Michigan, but Cummins Inc. said Wednesday it will try to recall about 270 production employees, at least temporarily.
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General Motors Co. outlined the progress it has made toward achieving commitments in its business plan, including implementing a leaner structure.
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Aerospace components producer Ladish Co. has promoted Gary J. Vroman to president and chief executive officer following the retirement of Kerry L. Woody.
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A bankruptcy court judge has approved the bidding and auction procedures for the divestiture of the Nuevo Laredo, Mexico, powertrain operations of Hayes Lemmerz International Inc. despite an objection by the unsecured creditors committee, which said any asset sale should wait until the company has had its final reorganization plan approved by the court.
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Fisker Automotive Inc. has been granted a conditional loan of $528 million by the U.S. Department of Energy (DOE) to create affordable, fuel-efficient plug-in hybrid electric cars.
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Citing lower costs and pricing discipline, NCI Building Systems Inc. returned to profitability in its fiscal third quarter.
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A new plate and flat-rolled steel distributor will spring from the purchase of one California service center’s assets by another.
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Quanex Building Products Corp. reported net income of $8.1 million for its fiscal third quarter ended July 31, down 7.7 percent from $8.8 million in the same period last year.
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Car and light truck sales for the top seven automotive brands in the U.S. jumped 26.3 percent to 1,074,156 in August from 850,584 the previous month and were down a mere 0.8 percent from 1,082,753 in August last year, according to an AMM analysis.
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Having lost joint-venture partner General Motors Co. (GM) to bankruptcy protection earlier in the year, Toyota Motor Corp. (TMC) will cease production at its formerly dual-owned vehicle assembly plant in Fremont, Calif., by March 31.
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WHX Corp. has continued to suffer under the impact of the global recession, slipping to a net loss of $4.1 million in the second quarter vs. net income of $5.3 million in the same period last year on sales that fell 28.2 percent to $141.4 million.
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Bombardier Inc. has been forced to cancel its purchase order agreement with insolvent private jet company Jet Republic. The cancellation will affect an order for 25 Learjet 60 XR aircraft and the option for an additional 85 jets.