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Hot Off the Press
YTD Steel Import Levels Alarmingly Low
Friday, October 28, 2005
According to preliminary data from the Department of Commerce, overall 2005 year-to-date (YTD) steel imports are down 10 percent from 2004 levels through September, and total imports dropped 5 percent from August 2005 to September 2005. YTD imports of hot- and cold-rolled steel are down 20 percent from 2004, “further testament for the need of increased steel imports for U.S. steel consumers to more easily obtain the steel they need at globally competitive prices,” says William E. Gaskin, president of the Precision Metalforming Association.
Seyi Constructing Facility in Tennessee
Thursday, October 27, 2005
Seyi Presses is completing the final two stages in development of its expansion and centralization in Coffee County, TN, for sales, service and assembly. Its new plant, targeted for completion by February 2006, will serve as a sales office, service center and final assembly and inspection facility for all presses sold in Mexico, Canada and the United States. Learn more at
www.seyi.com.
Michigan Welcomes New Tech Center
Thursday, October 27, 2005
Methods Machine Tools, Sudbury, MA, has opened its new Michigan Tech Center in Wixom, MI. The 36,000-sq.-ft. facility houses a 6000-sq.-ft. showroom of machine tools—machining centers, turning centers, EDM machines and robotic automation—as well as an applications-engineering support staff, regional field service and training technicians and a spare-parts inventory. Learn more at
www.methodsmachine.com.
