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Charlotte to Host Coil-Processing Seminar

Friday, August 21, 2009
 
Red Bud Industries’ RBI Tech Support group will host a coil-processing seminar at the Renaissance Charlotte Suites Hotel in Charlotte, NC, October 20, 2009. Attendees will learn about blanking, multiblanking, leveling, slitting and other processes, and how to apply new technology to improve tolerances, optimize material flatness and maximize efficiency. Speakers include Red Bud Industries’ vice president of marketing and sales Dean Linders, consultant Eric Theis, slitting-technology expert Al Zelt, and Kevin Voges, president of The Material Works and inventor of the SCS (Smooth, Clean Surface) and EPS (Eco-Pickled Surface) processes. Seminar attendees also will tour the Phoenix Metals Co., a Charlotte-area service center. Learn more at www.redbudidustries.com.

Worthington Industries Opens Monterrey Facility

Friday, August 21, 2009
 
Steel-processing company Worthington Industries, Columbus, OH, has opened a greenfield steel-processing plant in the Monterrey region in Escobedo, Mexico. The new facility is Worthington’s third in Mexico completed with its joint-venture partner the Serviacero Group; Serviacero Worthington also has operations in central Mexico, in Leon and Queretaro. Phase One of the Monterrey plant is a 65,000-sq.-ft. facility with a 72- by ½-in. slitting line and an automated packaging line; Phase Two will include a cut-to-length line. Learn more at www.worthingtonindustries.com.

Take Online Test to Help Manage Cash Flow

Wednesday, August 19, 2009
 
Plante & Moran, PLLC, Southfield, MI, has launched a liquidity stress test designed to help companies understand their cash requirements and manage cash flow. The test, downloadable from the firm’s website, gathers and interprets data related to a company’s revenues and costs, and then forecasts its cash needs. Managers can then use the data to make decisions related to improving cash position. Among the metrics projected by the test: monthly cash disbursements, monthly cash flow, line-of-credit requirements, calculated collateral for line of credit, and projected cash cushion. Take the test at www.stresstest.plantemoran.com.

 

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