Bodycote expands operations in Houston
May 15, 2015
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Bodycote, U.K., announces that it will expand its services at its two locations in Houston. In the third quarter, new offerings in north Houston will include nitriding, vacuum heat treatment, and vacuum brazing, to provide customers with comprehensive and efficient services from a single facility. Bodycote is also investing in more capacity at its second Houston location.
Together, these enhancements ensure that Bodycote's customers experience better service, superior quality and faster turnaround time. The company continues to play a vital role in the area's oil & gas, power generation and general industrial supply chains.
With more than 180 accredited facilities in 26 countries, Bodycote is the world's largest provider of thermal processing services. Through heat treatment, metal joining, surface technology, and Hot Isostatic Pressing (HIP), Bodycote improves the properties of metals and alloys, extending the life of vital components for a wide range of industries, including aerospace, defense, automotive, power generation, oil & gas, construction, medical, and transportation.
www.bodycote.com
Bodycote, U.K., announces that it will expand its services at its two locations in Houston.
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United States Steel to invest $277 million in Birmingham Fairfield Works
March 23, 2015
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United States Steel Corp., Pittsburgh, announces two capital investment projects valued at a total of $277.5 million at its Fairfield Works in Birmingham, Ala. The first is the construction of a technologically advanced electric arc furnace (EAF). The second is construction of a plant that will develop and manufacture oil country tubular goods with premium connections for the oil and gas industries.
The EAF is part of the company's larger transformation, the Carnegie Way, in which a large number of initiatives are being implemented to improve the company's customer understanding, operating flexibility, cost structure, and raw materials position. The tubular coupling facility will feature four cells to manufacture couplings for all of U. S. Steel's premium connections, including USS-Liberty FJM, USS-Patriot EBM, and USS-Patriot TC connections, for customers in the energy industry.
U. S. Steel has received the necessary authorization and economic incentives from Jefferson County to invest $230 million to construct the EAF at Fairfield Works in place of the facility's existing blast furnace, and an additional $47.5 million in the construction of the coupling facility. The construction project will be a significant investment into Jefferson County, as it will create approximately 650 temporary construction jobs over the course of both projects, and will ensure the future of steelmaking in Alabama.
Construction of the EAF will begin in the second quarter of 2015, with completion expected in the third quarter of 2016. The construction on the coupling facility is also anticipated to begin in the second quarter of 2015, and is expected to be complete in the first quarter of 2016. Throughout the process, U. S. Steel will continue to operate Fairfield Works' steelmaking and finishing operations to serve both flat-rolled and tubular customers in accordance with market requirements.
www.ussteel.com
United States Steel Corp., Pittsburgh, announces two capital investment projects valued at a total of $277.5 million at its Fairfield Works in Birmingham, Ala.
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SSAB launches steel tube family with extreme wear resistance
March 11, 2015
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SSAB Steel, Sweden, has launched the new Hardox Tube 500 family, which provides the same hardness and toughness as Hardox wear plate, but in tubular form. It was developed for applications that require high wear resistance in combination with lower density. It is suitable for transporting all types of abrasive materials, such as wet concrete, soil, gravel, and ore slurry.
"The new Hardox Tube 500 range completes the existing Hardox family product range. We have long experience in developing wear-resistant steel tubes. The final properties are set after tube rolling and welding, which guarantees consistency as well as high hardness and toughness qualities," says Fredrik Mikaelsson, Manager for Tubes & Sections at SSAB.
Its extreme wear resistance allows for a lighter product with a long service life. It can increase the competitiveness of certain products by extending their service life by two, five, ten times, or more.
Hardox Tube 500 is available from stock in 88.9-133 mm diameters and different material thicknesses. Custom tubes in thinner materials and other diameters are also available.
www.ssab.com
SSAB Steel, Sweden, has launched the new Hardox Tube 500 family, which provides the same hardness and toughness as Hardox wear plate, but in circular form.
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Reliance Steel & Aluminum completes acquisition of Fox Metals and Alloys
December 10, 2014
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Reliance Steel & Aluminum Co., Los Angeles, announces that it has acquired all of the capital stock of Fox Metals and Alloys Inc., Houston. Fox is a steel distributor specializing in alloy, carbon, and stainless steel bar and plate products. Through a network of more than 290 locations in 39 states and twelve countries, Reliance provides value-added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries.
Fox, located in Houston, Texas, is a supplier in the Houston/Gulf Coast region when critical supplies are needed on a timely basis. Fox's in-house processing services include saw cutting, plate burning and testing. Net sales for Fox were approximately $50.5 million for the twelve months ended December 31, 2013.
Fox will operate as a wholly-owned subsidiary of Reliance Steel & Aluminum Co. Additional terms were not disclosed.
www.rsac.com
Reliance Steel & Aluminum Co., Los Angeles, announces that it has acquired all of the capital stock of Fox Metals and Alloys Inc., Houston.
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Reliance Steel & Aluminum acquires Northern Illinois Steel Supply
August 4, 2014
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Reliance Steel & Aluminum Co., Los Angeles, has acquired all of the capital stock of Northern Illinois Steel Supply Co. (NIS), a value-added distributor and fabricator of a variety of steel and nonferrous metal products. Located in Channahon, Illinois, it primarily provides structural steel components and parts. Founded in 1961, NIS focuses on customers that require extensive fabrication services and/or critical delivery timelines with a large concentration in the energy and petrochemical sectors.
Net sales for NIS were approximately $20.3 million for the twelve months ended December 31, 2013. NIS will operate as a wholly-owned subsidiary of Reliance Steel & Aluminum Co. Current management will remain in place. Additional terms were not disclosed.
"NIS has a unique business model, combining traditional metal distribution capabilities with extensive in-house fabrication services, often on an emergency basis. This acquisition complements our growth strategy of adding companies that offer higher value-add services," said David H. Hannah, Chairman and CEO of Reliance.
Reliance Steel & Aluminum Co., headquartered in Los Angeles, California, is the largest metals service center company in North America. Through a network of more than 290 locations in 39 states and eleven countries outside of the United States, Reliance provides value-added metals processing services and distributes a full line of over 100,000 metal products to more than 125,000 customers in a broad range of industries.
www.rsac.com
Reliance Steel & Aluminum Co., Los Angeles, has acquired all of the capital stock of Northern Illinois Steel Supply Co. (NIS), a value-added distributor and fabricator of a variety of steel and nonferrous metal products.
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Allegheny Technologies acquires Dynamic Flowform for capabilities in the aerospace and oil/gas industries
February 12, 2014
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Allegheny Technologies Inc., Pittsburgh, has acquired Dynamic Flowform Corp., Billerica, Mass., which fabricates thin-walled tubular components in net or near-net shapes by a precision flowforming process. Multiple alloy systems are flowformed, including nickel-base alloys and superalloys, titanium and titanium alloys, zirconium alloys, and specialty and stainless alloys. Major markets are Aerospace and Defense, and Oil and Gas/Chemical Process Industry.
Some examples of Dynamic Flowform's major products include: airframe and jet engine components, and oil and gas drilling and completion tools from hollows.
"The acquisition of Dynamic Flowform is consistent with our strategy to create value by expanding our capabilities to produce specialty materials parts and components," said Rich Harshman, ATI's Chairman, President and Chief Executive Officer. "Dynamic Flowform is a technology leader in the manufacture of unique parts and components using the alloy systems that are core competencies of ATI. The innovative and entrepreneurial Fonte family established Dynamic Flowform and has successfully operated and grown the business for nearly 40 years. We are pleased and proud to welcome Matt and Nick Fonte to the ATI team."
"This acquisition is expected to be immediately accretive to ATI," he says. "We have identified significant growth opportunities for Dynamic Flowform's products, especially in the Aerospace and Oil and Gas markets. These opportunities are expected to benefit from ATI's existing global marketing and sales capabilities, and ATI's supply chain experience and relationships with OEMs."
www.ATImetals.com
Allegheny Technologies Inc., Pittsburgh, has acquired Dynamic Flowform Corp., Billerica, Mass., which fabricates thin-walled tubular components in net or near-net shapes by a precision flowforming process.
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