Industry News
ELGi Enhances Energy Efficiency of Air Compressors
ELGi Equipments, one of the world’s leading air compressor manufacturers, has enhanced the energy efficiency of its AB series oil-free screw air compressors, realising improvements in specific power consumption and increases in free air delivery across the range. For additional energy savings, the three larger models in the range now include a super-premium efficiency […]
Concept Metals Invests USD 15.5 Million to Diversify into EV space
A West Michigan metal fabricator is making significant investments to bolster its presence in the electric vehicle battery production sector. Concept Metals Group invested $15.5 million in a facility purchased two years ago as well as state-of-the-art production equipment for its three existing plants in Spring Lake and Comstock Park. The company also added […]
Moran Iron Works Adds Fabrication Equipment for Maritime Market
Onaway’s Moran Iron Works has obtained new equipment for its shipbuilding operations that will allow the metal fabricator to operate more efficiently. The company said in a news release Tuesday that it is obtained a new beam drill line and cutting line, which is designed specifically for the maritime market. Controlled by computers, the […]
Clips & Clamps President Elected PMA Chairman of the Board
The Precision Metalforming Association (PMA) has elected Jeff Aznavorian, president of Plymouth, MI-based Clips & Clamps Industries, as its 2023 chairman of the board. Gregg Boucher, group COO of North Haven, CT-based Ulbrich Stainless Steels and Special Metals, will serve as vice chairman and treasurer. Both will serve one-year terms. Aznavorian succeeds outgoing PMA […]
Foreign steel Approved for American EV Charging Stations
Metal fabricators supplying components for electric vehicle (EV) battery charging stations will have broad leeway to use steel from foreign suppliers. That is the decision made by the Federal Highway Administration (FHWA) in announcing “Buy America” exclusions for EV chargers funded over the next five years through the new National Electric Vehicle Infrastructure (NEVI) Formula […]
Alcoa plans to restart aluminium smelter in Spain
Alcoa Corporation today announced that a majority of the workers at its San Ciprián complex in Spain have agreed to an improved plan for the restart of the aluminium smelter in 2024. In 2020, the company attempted to lay off some 500 workers but was forced to abandon the plan after a Spanish court […]
Flowserve to acquire Canadian industrial valve maker Velan for $245 million
Flowserve Corporation (“Flowserve”), a leading provider of flow control products and services for the global infrastructure markets, and Velan Inc. (“Velan”), a leading manufacturer of highly engineered industrial valves, today announced that they have entered into a definitive agreement under which Flowserve will acquire Velan in an all cash transaction valued at approximately $245 […]
Mitsubishi Power Receives 55MW Geothermal Power Plant Order From Pertamina
Mitsubishi Power, a power solution brand of Mitsubishi Heavy Industries, Ltd. (MHI), has received an order from PT Pertamina Geothermal Energy (PGE), the geothermal energy subsidiary of Indonesia’s state-owned oil and natural gas corporation PT Pertamina (Persero), for a 55 MW power generating unit comprising a steam turbine, generator, and related mining plant and […]
U.S. Steel to drop National Labour Relations Board complaint against United Steelworkers
U.S. Steel plans to withdraw the unfair-labour-practice complaint it filed against the United Steelworkers during a contentious round of negotiations. In September, Pittsburgh-based U.S. Steel filed complaints with the National Labour Relations Board against USW and USW Local 1066 in Gary, which represents workers on the west side of the Gary Works steel mill. […]
Form Energy to Build Battery Plant in West Virginia
Form Energy Inc, a start-up hoping to make long-duration storage batteries from materials including iron to store power from renewable energy, will partner with West Virginia to build a manufacturing plant in the state, the company and politicians said on Thursday. The plant is slated to be built starting next year in Weirton, once a […]
U.S. Floats New Steel, Aluminum Tariffs Based On Carbon Emissions
In addition to looking to decarbonize the oil and gas industry, U.S. officials are proposing to levy tariffs on steel and aluminum based on how much carbon the producing country’s industries emit. This is part of a bid to fight climate change and “dirty” metals made in China and elsewhere, two people familiar with […]
Equispheres Develops Non-Explosible Aluminum Feedstock
Canadian 3D printing powder developer Equispheres Inc. has developed a non-explosible aluminum alloy feedstock for additive manufacturing that reduces the hazards associated with day-to-day handling of materials for 3D printing. Identified as NExP-1, the new material is specifically designed for production printing of aluminum parts. It maintains the ability to produce high-quality prints at […]