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Steel Dynamics completes acquisition of Kentucky Electric Steel assets

September 23, 2018

Steel Dynamics Inc., Fort Wayne, Ind., has completed the acquisition of substantially all of the assets of Kentucky Electric Steel, a wholly-owned subsidiary of Specialty Steel Works Inc., for $5.0 million.

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Edwards semiconductor inks agreement to acquire Brooks cryogenic business

September 23, 2018

Atlas Copco Group, Sweden, through its wholly owned U.S. entity, Edwards Vacuum LLC, Hillsboro, Ore., has reached an agreement to acquire the cryogenic business of Brooks Automation Inc., Chelmsford, Mass.

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Ames Lab acid-free rare-earth magnet recycling process wins innovation award

September 23, 2018

The Critical Materials Institute and Ames Laboratory, Ames, Iowa, announce the development of a magnet recycling process in which magnets are dissolved in water-based solutions, recovering more than 99 percent purity rare earth elements.

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Global Foundries spins off ASIC; shifts tech focus to support autonomous cars and 5G

September 23, 2018

Global Foundries, Santa Clara, Calif., announces a change in its technology portfolio to intensify its focus on delivering differentiated offerings for clients in high-growth markets.

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Global semiconductor sales hit new high, increase by 17.4% in July

September 23, 2018

The Semiconductor Industry Association (SIA), Washington, announces the highest-ever monthly worldwide sales of $39.5 billion in July 2018: a 17.4% year over year increase over July 2017, and a slight increase of 0.4% over June 2018.

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NXP acquires OmniPHY for automotive Ethernet to support autonomous vehicles

September 23, 2018

NXP Semiconductors N.V., Eindhoven, Netherlands, announces the acquisition of OmniPHY, San Jose, Calif., a provider of automotive Ethernet subsystem technology, supporting NXP’s plans to deliver the next-generation of data transfer solutions to carmakers.

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Micron announces $3 billion investment in U.S. for DRAM and NAND

September 23, 2018

Micron Technology Inc., Boise, Idaho, will invest $3 billion by 2030 to increase memory production at its plant in Manassas, Virginia, creating about 1100 new jobs over the next decade.

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Federal research ship discovers new methane hydrate deposits along the Atlantic coast

September 21, 2018

The U.S. Department of Energy, Washington, reports that an interagency federal research ship recently sailed along the Mid-Atlantic margin to characterize methane hydrate deposits.

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Nanosteel spins out 3D printing business to commercialize steel alloy powders

September 21, 2018

Nanosteel Corp., Providence, announces the spinout of its additive manufacturing business unit into a new corporation named Formetrix.

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One Minute Mentor: Steel Selection for Heat Treated Parts

September 21, 2018

In practice, it is difficult to separate part design from steel selection because the two steps are interdependent.

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