The investment is set to create the first new primary aluminum production plant to be built in the U.S. in 45 years.
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U.S. manufacturing technology orders jumped in March, signaling a potential rebound after two years of mild decline.
New England-based Siri Wire is a manufacturer and distributor of stainless steel wire products, used in applications such as filters screens and washers.
Based in Florida, Capital distributes and services metal fabrication machinery for manufacturers across the Southeast and Midwest U.S.
U.S. manufacturing technology orders rose nearly in February, with gains from contract machine shops and signs of investment.
The company reported a decline in 2Q sales, impacted by a challenging operating environment and a cautious outlook despite progress in initiatives.
Olympic Steel opened a new facility in Houston to expand its Action Stainless operations and enhance its fabrication capabilities.
The latest monthly report shows a decline in metalforming providers’ outlook, with fewer expecting growth in economic activity and incoming orders.
January's report had mixed performance signals amid global trade uncertainties.
Manufacturers of metalformed products moderated their February economic outlook, with a dip in optimism and steady forecasts for orders and shipping levels, according to a PMA report.
However, orders ended the year with strong momentum.
The product data provider says the metalworking products manufacturer used confidential information to "knock-off" its sales platform.
PMA latest Business Conditions Report shows 35% of surveyed metalforming manufacturers predict an increase in economic activity this quarter.
The company has appointed a new president for its Infrastructure segment to lead strategy and growth initiatives.
The figures showed a decline in sales driven by lower volumes, partially offset by acquisition benefits and a stronger than expected November.
The latest PMA business report shows that metalforming manufacturers remain upbeat toward growth coming into 2025.
Despite orders decreasing month-to-month, October 2024 was 3% above the average value of all Octobers.
The duo will drive growth, optimize sales processes and strengthen customer partnerships across the area.
The PMA report shows that metalforming manufacturers maintain a guarded yet optimistic economic outlook.
The company appointed an industry veteran to Northeast Region general manager, focusing on growth and customer-facing processes.
