The Bradbury Group, a leader in the design and manufacture of roll forming and coil processing equipment, has acquired the assets of Press Room Equipment Co., a leading provider of press feed and coil handling equipment based in Springfield, Mo.
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Read More Eastern Metal Supply, one of the largest value-added distributors of aluminum products in the U.S. and a Wynnchurch Capital L.P. portfolio company, has sold its Eastern Architectural Systems division to Cornerstone Building Brands Inc., the largest manufacturer of exterior building products in North America by sales.
Read More Red Bud Industries has received an order for a Light Gauge Slitting Line from Graber Post Buildings, Inc., a supplier of building products, located in Montgomery, Ind. The new line is designed to have precision slitting capabilities with a CNC Semi-Automatic Slitting Head, low passline, surface-mounted design that eliminates the need for costly foundation work.
Read More Dave Nagy will retire from his position heading up Specialty Saw, a leading industrial saw blade and hydraulic hose saw manufacturer. He will retire on Jan. 1, to be replaced by Jeff Nagy.
Read More Ionic Mineral Technologies, a pioneering U.S.-based producer of nano-silicon anode powders, has partnered with international technology group ANDRITZ to mass-produce critical battery materials for next-generation lithium-ion batteries. The partnership aims to scale Ionic MT’s nano-silicon production methodology to meet the surging demand for battery materials that enable faster-charging, longer-range lithium-ion batteries.
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Following a few years of allocation, lead times have come in dramatically for specialty bar quality products.
Read More Steel shipments from North American service centers continued to rebound as 2023 neared its end, the Metals Service Center Institute reported in its most recent Metals Activity Report. Steel shipments were up in both the U.S. and Canada.
Read More The EU and U.S. have agreed to extend tariff-rate quotas on steel. The EU also agreed to suspend retaliatory tariffs into 2025.
Read More Nippon Steel Corporation, Japan’s largest steelmaker and one of the world’s leading steel manufacturers, will acquire U.S. Steel Corp. The Japanese company will purchase U.S. Steel in an all-cash transaction at $55 per share, representing a value of approximately $14.1 billion.
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