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Hot Off the Press


Lempco Under New Ownership

Monday, January 5, 2004
Connell Limited Partnership, Boston, MA, has purchased Cleveland (OH) -based Lempco Industries, a manufacturer of die sets and die-set supplies. Other Connell-owned businesses include Wabash Alloys, Yuba Heat Transfer and Danly IEM. Lempco will be consolidated into the Danly IEM business.

FreeMarkets to Acquire Covisint LLC

Monday, January 5, 2004
Online-auction operator FreeMarkets Inc., Pittsburgh, PA, plans to acquire the auction business of Covisint LLC, founded in 2000 by the Big Three automakers to help them conduct online business with suppliers. Covisint will transfer its customer contracts for auctions to FreeMarkets—the contracts provide revenue for the next three years.


Wednesday, December 31, 2003
The staff of MetalForming and PMA wish you and yours a happy, healthy and prosperous New Year. Hot Off the Press, your daily source for news of the metalforming industry, returns on Jan. 5, 2004.


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