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Steel Executives Open to Mergers and Acquisitions Despite Slowdown
According to the latest report issued by the Deloitte Touche Tomhatsu Global Manufacturing Industry Group (New York, New York), about 69 percent of the executives interviewed from the steel manufacturing industry are still considering merger and acquisition strategies, despite the…
Hypertherm Honored as Adoption Friendly Workplace
Hypertherm (Hanover, NH) announced its selection as an adoption friendly workplace by the Dave Thomas Foundation. Hypertherm ranked fifth among manufacturing companies. Hypertherm?s selection was based on a combination of financial assistance and paid leave given to associates who choose…
SigmaTEK Systems, LLC Announces the Addition of Five North American Sales Account Managers
SigmaTEK Systems, LLC Vice President of Sales Glenn Binder announced the recent addition of five North American Sales Managers to the company. These sales managers will focus on sales for SigmaNEST® ? nesting software for profile cutting and punching machines,…
Sandvik Coromant Opens New Aerospace Application Center
Sandvik Coromant (Fair Lawn, NJ) announces the establishment of a new Aerospace Application Center in Fair Lawn, NJ. This state-of-the-art center, which officially opened its doors on April 28th, will focus on projects for machining in high temperature and titanium…
Rourkela Steel Mill Achieves Record Hot-Metal Output of 2 Million Tons
India's first public sector integrated steel manufacturing unit, the Rourkela Steel Mill in Sundergarh, Orissa, registered 2 million tons of hot metal production during the 2008-09 fiscal year, a target achievement for the third consecutive fiscal year. Industrial Info Resources…
Rego-Fix Expands into Mexico with Exsys Tool Partnership
Rego-Fix (Indianapolis, IN) has partnered with Exsys Tool, Inc., a Florida-based distributor of high precision rotary and fixed toolholders for the turning industry, to expand its reach into the high precision milling market in Mexico. "After establishing operations in Mexico…
Douglas K. Woods Elected President of The Association For Manufacturing Technology
The Association For Manufacturing Technology?s (AMT, McLean, VA) Board of Directors has announced that it has elected Douglas K. Woods as AMT President. Woods comes to AMT from Parlec, Inc., a company that specializes in tooling, workholding and presetting solutions,…
Meta Appoints North America Sales Director
Meta Vision Systems, Inc. (Montreal, Canada) announced that Stephen Thacker has been appointed Director of Sales for North America. The company is a world leader in the design and manufacture of laser- and camera-based systems for automating production processes, notably…
HK Metalcraft Manufacturing to Receive OSHA's SHARP Award
HK Metalcraft Manufacturing Corp. (Lodi, NJ) will be awarded the Occupational Safety and Health Administration (OSHA) SHARP award by the New Jersey Department of Labor and Workforce Development, on Thursday, May 7, 2009. The SHARP (Safety and Health Achievement Recognition…
Dubai Aluminium Continues Expansion by Acquiring 19 percent Stake in Brazilian Alumina Refinery
State-owned Dubai Aluminium Company Limited (DUBAL) (Dubai, United Arab Emirates) plans to acquire a 19 percent stake in Companhia Alumina do Para (CAP), a subsidiary of mining company Companhia Vale do Rio Doce (Vale) (Rio de Janeiro, Brazil). According to…
AMI Metals Named Boeing 2008 Aerospace Commodities Supplier of the Year
AMI Metals, Inc. (Nashville, TN), a subsidiary of Reliance Steel & Aluminum Co. (Los Angeles, CA), has been named 2008 ?Supplier of the Year? in the Common Aerospace Commodities category by The Boeing Company. AMI Metals was one of nine…
How to Make Sure Your Business Will Survive in the New Economy
Edward Testa of Greystone Equipment Finance examines how the New Economy is taking us into uncharted financial waters regarding equipment, maintenance and service contracts, and the viability of the companies that provide these services. Be aware of the whole new set of rules to play by.