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Hot Off the Press
Wayne Metals Earns Supplier Recognition
Tuesday, January 06, 2004
Navistar/International Truck and Engine Corp. has selected metal fabricator and finisher Wayne Metals, LLC, Markle, IN, a Diamond Supplier for the year 2003. Wayne Metals has supplied International since the 1940s. It offers wet-coat and powder-coat finishing, laser- and plasma-arc cutting, press-brake bending, turret-punch work, robotic welding and assembly services.
Lempco Under New Ownership
Monday, January 05, 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 05, 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.
