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Metal industry news, January 2012

Alcoa is expanding its aluminium lithium capacity and capabilities to meet growing demand in the aerospace market for its newest alloys, allowing air-frame

Sandvik celebrates its 150 years' anniversary on 31 January – the date Göran Fredrik Göransson formed the company in Sandviken, Sweden.

Carpenter Technology Corporation reports a 154% increase in net income to US$23.6 million in the second quarter (Q2) of 2012.

The deadline for abstracts for the European Powder Metallurgy Association – Euro PM2012 on 17-19 September in Basel, Switzerland, is fast approaching.

The American Gear Manufacturers Association (AGMA) has scheduled the meeting of its Powder Metallurgy Gearing Committee for 21-22 February in Fort Myers, F

Grey Mountain Partners has acquired Custom Components Company, a niche building materials manufacturer, fabricator and supplier of aluminium, stainless ste

KOKS Group, which exports merchant pig iron and is one of Russia’s largest merchant coke producers, has paid holders of its début five-year Eurobond issue

SHW AG, which supplies the automotive industry, saw a 24% jump in revenues to €360 million 2011, driven by a strong fourth quarter.

BestMetal Corporation has completed the acquisition of the privately owned powder metallurgy fabricator Wakefield Corporation.

The Powder Metallurgy Association of India (PMAI) is organising its short course in powder metallurgy on 15-18 March 2012 at the Indian Institute of Techno

The Centre for Powder Metallurgy Technology (CPMT) has re-appointed John Engquist of Burgess-Norton Manufacturing Company as its President.

APMI International has announced Ian Donaldson and Al Dornisch as this year's Fellow Award recipients.

The programme has been finalised for MAGNETICS 2012, where market and technical leaders discuss how recent developments in magnetic materials and related t

Kennametal Inc is acquiring Deloro Stellite Group from Duke Street Capital for approximately €277 million, subject to customary regulatory approval and neg

Capstan is set to acquire the metal powder assets of Wellman Product Group, a Carlisle Brake and Friction company.

Texas Rare Earth Resources Corp is aiming for production at its Round Top development in Texas, USA, in late 2015 or early 2016.

The US Chemical Safety Board (CBS) has released a report regarding the fatal explosions which took place at Hoeganaes’ Gallatin facility in January, March,

Carpenter Technology Corporation has entered into an Amendment of the Merger Agreement with the owners of Latrobe Specialty Metals Inc, initially entered i

An investment report from Investing Daily reveals a global shortage of rare earth elements (REEs).

Ametek Precision & Engineered Materials of Lancaster, Pennsylvania, USA, has named Uwe Gottschalk as its European Sales Manager for sales and marketing of

BorgWarner Turbo Systems Kft has announced plans to increase its turbocharger manufacturing capacity by 50% at its plant in Oroszlany, Hungary.

To deliver on the promise of manufacturing, Kennametal Inc Chairman, President and CEO Carlos Cardoso says he and his industry peers need to more clearly a

Metals and ceramic powder company H.C. Starck Group is expanding its Executive Board to four members to reflect the Group’s “diversified business and suppo

The Metal Powder Industries Federation (MPIF) is seeking candidates to be considered for the Kempton H. Roll PM Lifetime Achievement Award.

China’s rare earth exports totalled 14,750 tonnes in the first 11 months of 2011, accounting for 49% of total export quotas, according to the Chinese Minis

Carpenter Technology Corporation has acquired the assets of ARwin Machining Plus Ltd for approximately US$1.4 million.

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