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Carpenter Launches Website
Geared to Machine Shops

Friday, December 20, 2002
 
Carpenter Technology Corp., Wyomissing, PA, has launched a website, www.machiningzone.com, to serve as a resource for the machining community. Website information includes turning, drilling, tapping and threading considerations when machining stainless-steel alloys; alloy data sheets and comparative information in a searchable database; articles on machining topics of interest; and links to associations and others serving the metal-processing field.
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Arlington Metals to Add
Second Red Bud Blanking Line

Friday, December 20, 2002
 
Arlington Metals Corp., Franklin Park, IL, has purchased its second high-speed Multi-Cut blanking line from Red Bud Industries, Red Bud, IL. The new line is set for a February 2003 installation at Arlington’s Sawyer, MI, facility. The new 72-in.-wide 12-gauge line will produce mark-free close-tolerance blanks from various materials.
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Trend Technologies Goes Ch. 11
to Facilitate Sale to its Former CEO

Thursday, December 19, 2002
 
Trend Technologies, Inc., Chino, CA, its parent company Trend Holdings, Inc. and its domestic subsidiaries have filed petitions for Chapter 11 bankruptcy to facilitate a $70-million sale of the company. In November, the company entered into a sales agreement with a group led by Earl Payton, former CEO of Trend Technologies. “Trend Technologies is not going out of business,” said Payton in a letter to company vendors. “Chapter 11 gives us time to complete the sale in an orderly fashion while we continue to operate our business. The company’s cash position augmented by revenues from its operations will generate adequate funding for post-petition trade and employee obligations.” For more information, visit www.trendtechnologies.com.
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