Category: Automobiles and Ground Transportation

Severstal to sell its steel plants in Michigan and Mississippi

Severstal, Russia, reportedly plans to sell its North American steel operations in Mississippi and Michigan for about $1.5 billion.

Ipsen to provide advanced heat treating equipment to new Mexican automotive plant

Ipsen, Cherry Valley, Ill., announces that it is working with Imesaza, Spain’s largest heat treatment company, to provide advanced heat treating equipment for its new production center in Mexico.

Zinc-magnesium coating protects against corrosion at lower cost

ThyssenKrupp Steel Europe, Germany, has developed EcoProtect and ZM PrimeProtect, zinc-magnesium coatings that are said to meet the high surface requirements for exposed automotive body panels.

Zimmer to acquire Biomet in transaction valued at $13.35 billion

Zimmer Holdings Inc. and Biomet Inc., both of Warsaw, Ind., have approved a definitive agreement under which Zimmer will acquire Biomet in a cash and stock transaction valued at approximately $13.35 billion, including the assumption of net debt.

New Auto Consortium targets material challenges

At the SAE World Congress in Detroit, Granta Design, UK, announced the launch of the Automotive Material Intelligence Consortium (AutoMatIC).

Timken forms joint venture to manufacture rail bearings in Russia

The Timken Co., Canton, Ohio, has entered into an agreement with United Wagon Company (UWC) to establish a joint venture to manufacture Timken AP-2 rail bearings in Russia.

Al-Fe Heat Treating Wabash installs automated control system to provide CQI 9 compliance

Al-Fe Heat Treating, Wabash, Ind., has installed a new control system that will allow it to provide CQI 9 compliance for its automotive customers.

Constellium develops high-strength aluminum crash-management systems

Constellium N.V., Amsterdam, has launched high-strength aluminum crash management systems (CMS) for the front and the rear of a vehicle.

Aluminum products producer Aleris acquires sheet producer Nichols Aluminum

Aleris, Cleveland, Ohio, has signed a definitive agreement to acquire Nichols Aluminum, LLC, a wholly owned subsidiary of Quanex Building Products Corp.

Alcoa Dura-Bright commercial truck wheel is ten times more resistant to corrosion

Alcoa, Pittsburgh, introduces the surface-treated Dura-Bright EVO commercial truck wheel, said to be ten times more resistant to corrosion that is primarily caused by road salts and weather.