Hot Off the Press
Twin Cities Lands New
Laser Showroom and Training Facility
Friday, February 14, 2003
Advanced Mfg. Solutions (AMS) has opened a 5000-sq.-ft. warehouse and showroom in Lino Lakes, MN, 30 minutes from downtown and the St. Louis/Minneapolis airport. The showroom is home to a new Mitsubishi 2512LVP 35CF heavy-duty high-speed laser-cutting machine. AMS will host seminars and customer demos at the facility, as well as operate AMS Laser Service Inc., with a staff of five service techs. Learn more about the laser-cutting machine, for workpieces to 48 by 96 in., at www.mitsubishi-world.com
The Power Shift: AK Steel May Drop GM
Thursday, February 13, 2003
Disputed contract terms have turned into a legal battle between General Motors and AK Steel. It's become so heated that AK has threatened to halt steel shipments to GM, according to reports, which could in turn cause massive layoffs for the automaker. At the center of the dispute are long-term contracts that run through 2004, and how AK is supposed to be compensated for costs incurred due to new inspection, testing and QC requirements handed down by GM during the contract term. The battle is seen by analysts as evidence of new-found leverage gained by steel companies in light of steel-supply consolidation and the tariffs.
Ford Stamping Plant Aids in Aluminum Recycling
Wednesday, February 12, 2003
Rather than sell its recovered aluminum stamping scrap on the general scrap market, at diminished quality and value, the Ford Motor Company stamping plant in Chicago, IL, now returns the scrap back to an Alcan Inc. plant in Oswego, NY, for reuse as auto-body sheet. It’s the first “closed-loop” recycling program for aluminum sheet scrap in North America, according to an article in Aluminum Now
. The Ford plant stamps 1.3 million aluminum hoods for the Explorer, F-150 and Ranger, and the Lincoln Town Car, and is the firm’s highest-volume user of aluminum sheet. To segregate the scrap, it invested $400,000 to modify its separation system.