Nucor Corp., Charlotte, N.C., has agreed to acquire Independence Tube Corp., a leading independent manufacturer of hollow structural section steel tubing, for $435 million, or approximately six times the average EBITDA over the 2013-2015 period.
Constellium N.V., Paris, and UACJ Corp., Japan, announce the official opening of their new manufacturing plant in Bowling Green, Kentucky, to supply aluminum automotive body sheet to the North American automotive industry under their joint venture, Constellium-UACJ ABS LLC.
Semiconductor Research Corporation (SRC), Durham, N.C., announces that NXP Semiconductors, Netherlands, has signed an agreement to participate in multiple SRC research initiatives.
Optotherm, Sewickley, Pa., recently developed the IS640 radiometric infrared camera designed for thermographic applications requiring high sensitivity, resolution, and accuracy.