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New Oscillator Expands Options for Coil Users

Wednesday, November 09, 2005
 
Specialty Strip & Oscillating, Inc., Warren, OH, has activated a new oscillator that is now producing oscillated coils for customers. The equipment addition reportedly brings these new capabilities to customers: faster run time; edging of each strand; heavier-gauge coil stock; and choice in coiling on spools and metal and cardboard cores. The company is offering free use of a stock reel for a trial run of oscillated coil, allowing customers to see that they can run a coil uninterrupted for 10 to 15 times longer than with a conventional ribbon-wound coil.
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Marubeni-Itochu Steel America
Changes Subsidiary Names

Wednesday, November 09, 2005
 
Marubeni-Itochu Steel America (MISA), headquartered in New York, NY, has announced name changes for some of its Midwest subsidiaries as part of a company strategy to bring many of its U.S. operations under the corporate brand. The name changes: MISA Metals, Inc., West Chester, OH, formerly SOS Metals; MISA Metal Processing, Inc., formerly the processing unit of SOS Metals; MISA Metal Processing of Kentucky, Inc., Louisville, KY, formerly Nova Steel Processing; and MISA Metal Processing of Tennessee, Inc., Portland, TN, formerly MISA Steel Processing. Company-wide, MISA delivers metal products from more than a dozen distribution and processing facilities for a variety of applications throughout the United States. For more, visit www.misteel.com.
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Stampings Inc. Acquired
as Part of ‘Super Tier Two’ Quest

Tuesday, November 08, 2005
 
Catalina Capital Advisors, LLC and Spring Engineering and Manufacturing Corp., Canton, MI, have completed the acquisition of Stampings Inc. of Fraser, MI. The purchase will result in consolidation of Stampings Inc. operations into the Spring Engineering Canton facility, and the owners of Stampings Inc. will join the Spring Engineering management team. The new entity will operate as a division of Catalina Precision Products, LLC. The partnership of Spring Engineering and Manufacturing and Catalina Capital Advisors is seeking to create a full-service global “Super Tier Two” metalforming company to serve the automotive-OEM Tier One market. For more, visit www.catalinacap.com or www.springeng.com.
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