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Russia’s Rusal has signed a letter of intent to invest up to $200 million at Braidy Industries’ new aluminum rolling facility in Kentucky. The deal calls for a 10-year supply agreement from Rusal to the new facility.
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American Alloy Steel has expanded its operations westward with the opening of a new facility in Ogden, Utah. The facility will help the company better serve the West/Northwest regions.
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Sherrill Manufacturing, Sherrill, N.Y., has received the 2019 National Metalworking Reshoring Award. The award is given to companies that have effectively reshored products, parts or tooling made primarily by metal forming, fabricating, casting or machining.
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Global Brass and Copper, Schaumburg, Ill., has agreed to a merger agreement with Germany’s Wieland-Werke AG. The German company has been a global leader in the brass and copper industry for more than 200 years.
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Nucor Corp., Charlotte, N.C., has acquired Century Tube LLC, Madison, Ind. Century Tube is a supplier of carbon steel tubing for automotive and other mechanical and structural applications.
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Material Sciences Corp. has won a 2019 Automotive News PACE Award for its MSC Smart Steel. MSC Smart Steel is a lightweight alternative to conventional steel for stamped vehicle parts.
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Machine Concepts is celebrating its 25 years of service as a metal processing equipment manufacturer.
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Hudson Tool Steel Corp., Anaheim, Calif., has acquired the assets of Hulick Metals Inc., Rockford, Ill. Hulick has been in the tool steel and specialty steel distribution and processing business for 30 years. The company primarily serves the Upper Midwest.
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U.S. steel mills shipped 7.7 million net tons of steel in February, reported the American Iron and Steel Institute, Washington.
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Cascadia Metals Ltd., Delta, British Columbia, has installed a 60-inch by .187-inch Triple Turret Head slitting line from Braner/Loopco at its coil processing center. The line is equipped with automatic Andiamo line thread-up and production automation and safety features.
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