Les nouveaux patrons d’Ascoval prennent possession de l’aciérie nordiste (FR)

Une nouvelle page se tourne pour le site de Saint-Saulve et ses de 281 salariés, qui doit désormais trouver de nouveaux clients à travers l’Europe et le monde.

Ils ont désormais les clés d’Ascoval. Vendredi 1er février, le groupe Altifort est entré en possession de l’aciérie de Saint-Saulve (Nord), près de Valenciennes. Après quarante-deux années passées dans le giron de Vallourec, et un an d’administration judiciaire, l’usine tourne une nouvelle page de son histoire. Elle s’annonce difficile. D’ailleurs, les salariés, touchés par le chômage partiel, en conviennent. Jeudi

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Spirit AeroSystems acquires Joule Form™ manufacturing process Press to efficiently form lightweight titanium parts by directing energy (US)

To minimize the cost and quality challenges associated with titanium forging and machining, Spirit developed Joule Form process. This capability enables Spirit to minimize waste and maximize value, while directing energy only where it is needed, thereby decreasing the cost of machined parts and minimizing the company’s carbon footprint.

St. Louis, MO – Beckwood Press Company, a leading manufacturer of custom hydraulic presses, and Kansas Oklahoma Machine Tools (KOMT), a prominent machinery distributor throughout the Midwest, recently delivered the first ever press with automated die change to Spirit AeroSystems for use in Spirit’s Joule Form™ manufacturing process. The Joule FormTM process is a proprietary method developed by Spirit for shaping metal parts at elevated temperatures in the fabrication of aerospace components.  Using the automated press systemContinue reading

Leader mondial de son secteur, cette PME de l’Isère prouve que la métallurgie a sa place en France (FR)

Winoa détient un savoir-faire unique dans la fabrication des grenailles abrasives. En plus de son site historique basé en Isère, le groupe possède onze usines dans le monde. Il souhaite désormais se développer en Chine et en Inde.

voestalpine pins lowered profit forecast on Bartow plant (US)

“An ongoing shortage of skilled workers in the region has had an impact on the fact that we have not been able to find and maintain enough qualified personnel to process these orders in time,” a voestalpine AG representative told The Daily Tribune News.

On Wednesday, voestalpine AG gave investors some discomforting news — not only did the Linz, Austria-based manufacturer miss its nine-month earning forecast by 187 million euros (equivalent to roughly $213 million), the international steel company also announced it was lowering its full-year profit forecast from roughly 1 billion euros ($1.13 billion) to about $750 million euros ($854.1 million.). Such marks the second time voestalpine has lowered its profit forecast in the current fiscal year. By Thursday, voestalpine shares were down by as much as 8 percent — a substantial decrease for a company that already saw its shares lose almost half their value over the lastContinue reading

VSMPO employees filed more than 7,000 ideas (Russian)

Более 7000 предложений по улучшению производственных процессов подали работники ВСМПО за 11 месяцев 2018 года. Каждое десятое из них пришлось на цех №16, ставший лидером по количеству идей. Второе место занял цех №21, сотрудники которого стали авторами 419 предложений. Также в первую тройку вошел цех №3, давший жизнь 392 улучшениям и обновлениям. По 300 идей поступило из контрольно-испытательного и научно-технического центров, а также отделаContinue reading

Posco hires ex-Daelim CEO for future growth (US)

Steel giant Posco has hired former the CEO of Daelim Industrial to seek the company’s future growth, it said Thursday in a statement. Oh Gyu-seok, former president of the local builder, will take charge of the newly established future growth division assigned to pave the way for the 50-year-old steelmaker struggling to find alternatives amid declining market demand for metal. Oh is the first outsider to take the Continue reading

Constellium sent to arbitration over health-coverage clash (US)

A federal judge has ordered an aluminum processing company in West Virginia into arbitration over health coverage for retired employees. U.S. District Judge Thomas Johnston on Wednesday granted an injunction to prevent Constellium Rolled Products in Ravenswood from making changes to medical and prescription-drug coverage for 1,500 union retirees and their families.The company had no comment. Constellium does not comment on pending litigation, said Delphine Dahan-Kocher, vice president of public affairs and communications in North America for Constellium.

Arbitration was ordered by a federal judge in West Virginia between Constellium and retirees.  Judge Thomas Johnston on Wednesday also granted an injunction preventing the aluminum processing company in Ravenswood Continue reading

Sheffield Forgemasters hail order book strength after £16.4m loss (US)

Sheffield Forgemasters has now revealed a pre-tax loss of £16.4m for the year ending 31 December 2017, compared to a £900,000 loss the year before. This was the result of decision to accelerate the depreciation of the asset base of the company. Prior to this accounting change, the company recorded a pre-tax profit of £200,000 on revenue of £76.1m, up 4 per cent on the previous year.

The new executive team at Sheffield Forgemasters International has said that the engineering giant’s “buoyant order book” puts it in a position to achieve stronger levels of profitability in the future. However, an accounting change has resulted in a £16m pre-tax loss in its latest set of accounts. David Bond became the new chief executive in August 2018, succeeding Dr Graham Honeyman, who stepped down from the board in July. Bond has been joined by SteveContinue reading

Ellwood Group Pumps $200M into Operations (US)

The $60 million expansion at Ellwood Quality Steels in New Castle will house the company’s new remelt operations.

ELLWOOD CITY, Pa. – With all of its complexities, diverse business subsidiaries and integrated operations – plus tens of millions of dollars in new investment throughout the corporation – Ellwood Group Inc. remains at heart a down home family business, much like it was in when the company was founded here more than 100 years ago. In the years since, the company has expanded to 29 facilities across five states, Mexico and Canada and employs 2,000. But it has no intention of losing that tight-knit family approach, executives say. “I’m the fifth generation to work inContinue reading

Acciai Special Terni Profits To Reach €98 Million in 2018 (Italian)

(Credit Photo @ Viktor Mácha)

Sale da 87 a 98 milioni, nell’anno fiscale, l’utile di Acciai Speciali Terni. La produzione della controllata di ThyssenKrupp è salita oltre il milione di tonnellate, mentre lo spedito si attesta a 890mila tonnellate. Sono stati investiti 35,1 milioni. Il futuro è più complicato, anche a causa del peggioramento del quadro commerciale internazionale, innescato dai dazi di Trump a inizio estate. «Le condizioni sono peggiori rispetto a quando avevamo Continue reading