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SteelSummit Tennessee Retrofits Blanking Line

Monday, February 23, 2004
 
SteelSummit Tennessee, Lavergne, TN, has installed a multi-blanking retrofit for its existing Red Bud blanking line. The retrofit allows SteelSummit to multi-blank material in thicknesses to 0.135 in. and widths to 72 in. The system can produce as many as 13 blanks at one time. The retrofit includes Red Bud’s CNC programmable slitter with an automatic knife-locking system. Also included is a pallet-loading system from Red Bud, designed specifically for multi-blanking.
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Ideal Products Acquires Pin-Making Competitor

Friday, February 20, 2004
 
Ideal Products, Beacon Falls, CT, has purchased the operating assets of competitor Patriot Wire Products, also of Beacon Falls. Ideal will relocate Patriot employees and assets to its 175,000-sq.-ft. manufacturing facility. Ideal, boasting annual sales of $10 million, manufactures fabricated metal components for a variety of industries. Patriot, with annual sales of $1.5 million, manufactures badge, safety and specialty draper pins. Ideal is a division of Orbitform Group, Jackson, MI.
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High Steel Service Center Expands

Thursday, February 19, 2004
 
High Steel Service Center, Inc., Lancaster, PA, has invested $8 million in a 58,000-sq.-ft. expansion that boosts facility size to 200,000 sq. ft. The expansion includes addition of a high-speed slitter, precision blanking line and a 65,000-lb. coil crane system. Also, the carbon-steel service center added capability in prepainted-steel distribution by acquiring the assets of a Philadelphia, PA, MetalsUSA affiliate. “Expansion also added to our inventory floor space, permitting us to stock more plate, sheet, coil, bar, structural shapes and tubing products,” says Daniel T. Kelly, president.
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