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Hot Off the Press
HR Hearing Tackles Steel-Price Surges
Thursday, March 11, 2004
Yesterday, March 10, the House Small Business Committee, and its Chairman Donald Manzullo (R-IL-16) held a hearing to probe the reasons behind the rapid raw-material price increases being experienced by U.S. manufacturers. Committee members also heard how the cost increases and supply disruptions are damaging manufacturers, threatening our economic recovery and working against job creation. Precision Metalforming Association (PMA) president William E. Gaskin praised the committee and Chairman Manzullo for addressing the serious situation, saying: “During February, more than 52 percent of PMA’s manufacturing member companies experienced broken contracts for delivery of flat-rolled metal.”
Delphi Wins Court Orders Regarding Steel Prices
Thursday, March 11, 2004
CrainsDetroit.com has reported that Delphi Corp. has won court orders forcing suppliers that had threatened to halt shipments unless Delphi agreed to pay for raised steel prices to continue shipping material. The temporary restraining orders were granted to Delphi during February, in Delphi’s quest to have its suppliers honor their contracts.
E & E Becomes First Stamper
to Win Prestigious Safety Award
Wednesday, March 10, 2004
On Tuesday, March 23, metalformer E & E Metal Stamping Co., Plymouth, MI, will be recognized as the first automotive stamper in the nation to win the Star Award for excellence in occupational safety and health. The U.S. Department of Labor Assistant Secretary for Occupational and Health, John Henshaw, and other Michigan Occupational Safety and Health Administration (MIOSHA) delegates will present the award, which comes from the Michigan Voluntary Protection Programs. One condition for the award is a company having injury and illness incidence rates below industry average for 3 straight years. It covers five categories of a safety program: management’s commitment, employee involvement, a work-site analysis, hazard prevention and control, and training.
E & E runs a 250,000-sq.-ft. plant and boasts annual sales of $60 million. It manufactures heavy-gauge fasteners, progressive metal stampings and value-added assemblies.