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Red Bud Installs New Line

Tuesday, May 02, 2006
 
Quality Metals, St. Paul, MN, has installed a new 5/16-in. high-speed looping-style cut-to-length line, with heavy-gauge grip-feed system and variable-rake shear, from Red Bud Industries, Red Bud, IL. The grip-feed system allows material to 5/16-in, thick to run in a deep loop at high speeds without slippage. Its grippers allow surface-critical material as thin as 28 gauge to be processed mark-free. Automatic camber control ensures consistent production of accurate, square parts. Learn more at www.redbudindustries.com.
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ICE Industries Receives Quality Award

Thursday, April 27, 2006
 
ICE Industries, Sylvania, OH, a metal-stamping and machining company, has received a Master Quality Award from automotive supplier Yorozu America Corp. Yorozu recognized ICE for providing outstanding quality during 2005 for products manufactured at the ICE Industries stamping and assembly plant in Grenada, MS. In recent months, the Grenada plant has expanded its relationship with Yorozu, acquiring additional stamping work that was done previously in Mexico and Japan. In addition, the ICE Grenada plant provides parts to Nissan North America, and finalized a relationship this month with PK U.S.A., an automotive supplier that manufactures vehicle parts for Nissan and Subaru. The agreement calls for ICE to produce an additional 36 parts in Grenada. To accommodate the new business, ICE Industries recently purchased three 1000-ton presses and two 600-ton presses, and plans to hire additional employees for its second shift and open a third shift.
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Steel Demand on the Rise

Wednesday, April 26, 2006
 
The International Iron and Steel Institute forecasts that the total use of finished steel products will continue to show strong growth around the world—it predicts world steel demand to grow 7.3 percent in 2006, to 1.1-billion tons, and another 5.8 percent, to 1.2-billion tons, in 2007. The largest factor in this growth is the influence of China, where double-digit growth is predicted at 13 percent for 2006 and 12.1 percent in 2007.
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