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Hot Off the Press


ne Metals Earns Supplier Recognition

Tuesday, January 6, 2004
Navistar/International Truck and Engine Corp. has selected metal fabricator and finisher ne Metals, LLC, Markle, IN, a Diamond Supplier for the year 2003. ne 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 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.


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