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Hot Off the Press
Waterjet-System Supplier Quadruples in Size
Tuesday, October 23, 2012
IMS Waterjet, Inc., Waterbury, CT, a manufacturer of waterjet-cutting systems, has moved its headquarters to a new site four times larger than its previous facility in Oxford, CT. The new digs will allow the company to develop larger and more elaborate machines, and meet increased demand for its custom solutions. More at
www.imswaterjet.com/.
Misumi to Acquire Dayton Progress, Anchor Lamina
Wednesday, October 17, 2012
By the end of November, Japan-based Misumi Group is expected take ownership of Dayton Progress Corp., Dayton, OH, and its subsidiary PCS Co., from Connell Limited Partnership. The acquisition will include the Anchor Lamina die-components business of Connell, known for its Danly, IEM, Lempco and Lamina brands. Connell hangs on to the die-set and fabrication divisions of Anchor Danly. Dayton Progress and Anchor Lamina manufacture tooling and die components for stamping and forming. Combined they operate 14 plants worldwide;
www.daytoprogress.com/ and
www.anchorlamina.com/.
Sparrows Point Steel Mill Changes Ownership
Monday, October 15, 2012
The former RG Steel Mill at Sparrows Point, MD, idle since May 2012, has been acquired by joint-venture partners Hilco Trading and Environmental Liability Transfer. The partners are “evaluating all of our options for the property,” says a spokesperson, including operating the mill in its entirety or partially, or removing and reselling the equipment and redeveloping the site. The mill, the only fully integrated mill on the east coast of the United States capable of producing flat-rolled steel, houses North America’s second largest blast furnace. Learn more about its other assets at
www.hilcoind.com/.
