Arconic Inc. to separate into Howmet Aerospace and Arconic Corporation in second quarter

January 20, 2020
Source: ASM International

Arconic Inc. to separate into Howmet Aerospace and Arconic Corporation in second quarter

Arconic Inc., Pittsburgh, announces that Arconic Rolled Products Corporation (to be renamed Arconic Corporation upon separation) has publicly filed a preliminary Registration Statement on Form 10 with the U.S. Securities and Exchange Commission in connection with Arconic Inc.’s pending separation into two standalone, publicly-traded companies.

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Sandvik acquires U.S. companies Thermaltek Inc. and Melin Tool in January

January 9, 2020
Source: ASM International

Sandvik acquires U.S. companies Thermaltek Inc. and Melin Tool in January

Sandvik AB, Sweden, announces that in January it acquired privately owned Thermaltek Inc., a manufacturer of high temperature furnace systems and metallic heating elements headquartered in North Carolina; and Melin Tool Company, a manufacturer of solid carbide tools in Cleveland.

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Cleveland-Cliffs, AK Steel join to form vertically integrated producer of iron and steel

December 5, 2019
Source: ASM International

Cleveland-Cliffs, AK Steel join to form vertically integrated producer of iron and steel

Cleveland-Cliffs Inc. and AK Steel Holding Corp. announce that they have entered into a definitive merger agreement in which Cliffs, North America’s largest producer of iron ore pellets, will join with AK Steel, a leading producer of innovative flat-rolled carbon, stainless, and electrical steel products.

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