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Hot Off the Press


Coatings Company Looks to Expand in Asia-Pacific

Friday, April 23, 2010
MetoKote Corp., Lima, OH, has entered into a consulting services agreement with Tokyo, Japan-based Foxmark Intl., a management services firm, to expand its coating services with manufacturers in the Asia-Pacific region. Foxmark specializes in helping companies gain market entry and form strategic alliances in the region; MetoKote operates more than 30 coating facilities around the world;

Die-Design Software Developer
Earns UK’s Queen’s Award

Friday, April 23, 2010
Vero Software Plc, a manufacturer of CAD/CAM/CAE software for the tooling industry, earned the Queen’s Award for Enterprise 2010, the UK’s most prestigious business award. The recognition comes on the advice of an independent advisory committee serving the Queen and Prime Minister that includes representatives of government, industry and commerce, and the trade unions. Vero, which creates software for design and manufacture of stamping dies, plastic-injection molds and similar products, earned the award in recognition of its growing export earnings into markets such as North America and the Far East;

Nucor, Mitsui Combine to Form
New Investment-Minded Company

Tuesday, April 20, 2010
NuMit LLC is the name of a newly created company owned 50-50 by Nucor Corp. and Mitsui & Co. (U.S.A.), Inc. NuMit expects to invest in various steel-related activities around the world. Investment one: taking on the assets of Steel Technologies LLC, which operates 23 North American sheet-processing facilities. Steel Technologies will assume implementation responsibilities for a new Greenfield flat-rolled processing center to be built in Monterrey, Mexico, a project previously announced by Nucor to include pickling, slitting and cut-to-length capabilities.


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