Steel

Tredegar Board Declares Quarterly Dividend

Retrieved on: 
Tuesday, November 15, 2022
Machine Tools, Metalworking & Metallurgy, Chemicals, Plastics, Automotive Manufacturing, Manufacturing, Textiles, Machinery, Steel, Tredegar Corporation, Aluminium, Tredegar, TG, NYSE

The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of thirteen cents ($0.13) per share on the companys common stock.

Key Points: 
  • The board of directors of Tredegar Corporation (NYSE:TG) declared a quarterly dividend of thirteen cents ($0.13) per share on the companys common stock.
  • The dividend is payable on January 1, 2023 to shareholders of record at the close of business on December 16, 2022.
  • Tredegar had 2021 sales from continuing operations of $826 million.
  • With approximately 2,300 employees, the Company operates manufacturing facilities in North America, South America, and Asia.

Insteel Industries Declares Regular Quarterly and Special Cash Dividends

Retrieved on: 
Tuesday, November 15, 2022
Engineering, Other Construction & Property, Manufacturing, Construction & Property, Other Manufacturing, Steel, Steel, Risk, News, NYSE, Annual report, Acquisition, TSC Industries, Inc. v. Northway, Inc., Form 10-K, Security (finance)

Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $2.00 per share of common stock payable on December 23, 2022, to shareholders of record as of December 9, 2022.

Key Points: 
  • Insteel Industries Inc. (NYSE: IIIN) today announced that its board of directors declared a regular quarterly cash dividend of $0.03 per share and a special cash dividend of $2.00 per share of common stock payable on December 23, 2022, to shareholders of record as of December 9, 2022.
  • Following another year of record financial performance, we are pleased to return capital to our shareholders through the payment of a special dividend.
  • This represents our sixth special dividend of at least $1 per share since 2016.
  • Insteel manufactures and markets prestressed concrete strand and welded wire reinforcement, including engineered structural mesh, concrete pipe reinforcement and standard welded wire reinforcement.

Global Power Tools Market Report 2022: Growing Automotive Industry Boosts Growth - ResearchAndMarkets.com

Retrieved on: 
Tuesday, November 15, 2022
Other Construction & Property, Retail, Home Goods, Construction & Property, Sale, Steel, Car, India Brand Equity Foundation, Zinc, Torque, DIY, Aluminium, Power tool, Idaho Department of Commerce, Growth, COVID-19, Commerce, Video game

The "Global Power Tools Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product, Mode of Operation, End-User, and Region" report has been added to ResearchAndMarkets.com's offering.

Key Points: 
  • The "Global Power Tools Market Size, Segments, Outlook, and Revenue Forecast 2022-2028 by Product, Mode of Operation, End-User, and Region" report has been added to ResearchAndMarkets.com's offering.
  • The increasing production of vehicles is likely to boost the demand for the power tools market.
  • But as the market is recovering and restrictions are easing down, it is estimated that the power tools market will recover within the forecasted period.
  • In addition, the report also covers market size and forecasts for the four regions in the power tools market.

Trane Technologies Reduces Carbon Impact of HVAC in Homes and Buildings Through Low-Carbon Steel

Retrieved on: 
Tuesday, November 15, 2022
Environment, Technology, Steel, Climate Change, Other Technology, Telecommunications, Sustainability, Software, Manufacturing, Data Management, NUE, CO2, Carbon, News, HVAC, NYSE, Trane Technologies, Science, U.S. Steel, EPS, Transport, Nucor, Growth, Gigaton, Share repurchase, School, Renewable energy, Trane

The steel will be used in U.S. manufacturing operations to build Trane high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers.

Key Points: 
  • The steel will be used in U.S. manufacturing operations to build Trane high-efficiency heat pumps and air conditioners for homes, and thermal management systems for commercial buildings such as schools and data centers.
  • Representing 20 percent of Trane Technologies annual steel purchase, the low-carbon steel is nearly 80 percent less carbon intensive than traditional blast furnace steel.
  • We are grateful for the opportunity to partner with Trane Technologies as their primary supplier of lower carbon steel, which will reduce carbon emissions throughout their supply chain, said Leon Topalian, Nucors chair, president and CEO.
  • Trane Technologies pledges to procure, specify or stock 50 percent net-zero steel by 2030 and 100 percent net-zero steel by 2050 as a member of SteelZero .

aPriori Sustainability Insights Enables Manufacturers to Reduce their Carbon Impact; and Evaluate Product Cost, CO2e, and Performance Trade-offs

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Tuesday, November 15, 2022
Software, Electronic Design Automation, Sustainability, Technology, Other Manufacturing, Environment, Steel, Green Technology, Engineering, Chemicals, Plastics, Automotive Manufacturing, Aerospace, Manufacturing, Automation, Concentrated solar power, Carbon, Silent Scope 3, GHG, Assessment, Conference, Signify, Accenture, Empirical evidence, Value engineering, Intelligence, PLM, Carrier, Global warming potential, AGCO, Carrier Global, Renewable energy, 3D printing, Video game console, Risk management, Online shopping

aPriori today introduced Sustainability Insights for manufacturers to measure, reduce, and report on their products carbon footprint during product design and production.

Key Points: 
  • aPriori today introduced Sustainability Insights for manufacturers to measure, reduce, and report on their products carbon footprint during product design and production.
  • aPriori provides powerful new insights for manufacturers to reduce their product carbon footprint.
  • And we enable manufacturers to evaluate trade-offs and optimize product designs and production for cost, sustainability, and performance on a single platform.
  • Sustainability Insights will be available in Q1 2023 for aPriori Manufacturing Insights Platform cloud and on-premise customers.

Hypersen Launches Its Coaxial 3D Line Confocal Sensor with the Industry-Minimum Lateral Resolution

Retrieved on: 
Wednesday, November 16, 2022
Hardware, Electronic Design Automation, Semiconductor, Automotive Manufacturing, Aerospace, Manufacturing, Consumer Electronics, Technology, Nanotechnology, Robotics, Other Technology, Other Manufacturing, Machine Tools, Metalworking & Metallurgy, Steel, Engineering, Semiconductor, Aviation, Multimedia, CPU, FPGA, Microscope

As a leader in chromatic confocal technology, Hypersen is pleased to release a Coaxial 3D Line Confocal Sensor (HPS-LCX1000) for the global measurement & inspection market.

Key Points: 
  • As a leader in chromatic confocal technology, Hypersen is pleased to release a Coaxial 3D Line Confocal Sensor (HPS-LCX1000) for the global measurement & inspection market.
  • This sensor offers an effective and high-precision (0.1m) 3D inspection solution to the measurement and defects detection problems in the fields of semiconductors, consumer electronics, new energy, metal, automobile, and aviation.
  • View the full release here: https://www.businesswire.com/news/home/20221115005139/en/
    Hypersen releases a coaxial 3D line confocal sensor HPS-LCX1000 to tackle the difficulties in measurement and inspection of semiconductor wafer/chip, LED/OLED display, electronic components, metal, automotive and aerospace parts.
  • (Photo: Business Wire)
    Compared to current line confocal sensors, HPS-LCX1000 excels in its lateral resolution (1.1m) and coaxial structure.

Enviva Announces Tax-Exempt Green Bond Offering

Retrieved on: 
Monday, November 14, 2022
Forest Products, Agriculture, Natural Resources, Other Natural Resources, Sale, Marketing, Steel, Inc., Loan Market Association, United Kingdom, Plant, Offering, Loan Syndications and Trading Association, News, International Capital Market Association, Port of Wilmington (Delaware), NYSE, Port, LMA, Wood, Security (finance), Issuer, Climate, LSTA, Union, Climate bond, ICMA, Enviva, Bond

Enviva Inc. (NYSE: EVA) (Enviva, the Company, or the Borrower) today announced that the Mississippi Business Finance Corporation (the Issuer), intends to issue its Exempt Facilities Revenue Bonds (Enviva Inc. Project), Series 2022 (Green Bonds) (the Bonds and such offering, the Tax-Exempt Green Bond Offering or the Offering) in the aggregate principal amount of $100,000,000 (preliminary and subject to change).

Key Points: 
  • Enviva Inc. (NYSE: EVA) (Enviva, the Company, or the Borrower) today announced that the Mississippi Business Finance Corporation (the Issuer), intends to issue its Exempt Facilities Revenue Bonds (Enviva Inc. Project), Series 2022 (Green Bonds) (the Bonds and such offering, the Tax-Exempt Green Bond Offering or the Offering) in the aggregate principal amount of $100,000,000 (preliminary and subject to change).
  • The proceeds of the Offering will be loaned to Enviva pursuant to a Loan and Guaranty Agreement (the Loan Agreement) to fund a portion of the costs of acquiring, constructing, equipping, and financing Envivas wood pellet production plant to be located near Bond, Mississippi and certain related costs thereto, and to pay costs and expenses of the Offering.
  • Enviva is planning to commence construction of its 12th plant, near Bond, Mississippi, in early 2023.
  • Enviva cautions you that these forward-looking statements are subject to risks and uncertainties, most of which are difficult to predict and many of which are beyond the control of Enviva.

Ampco-Pittsburgh Corporation (NYSE: AP) Announces Third Quarter 2022 Results

Retrieved on: 
Monday, November 14, 2022
Machine Tools, Metalworking & Metallurgy, Engineering, Chemicals, Plastics, HVAC, Manufacturing, Steel, Sale, Ampco Pittsburgh, Public expenditure, Failure, Exercise, NYSE, Information technology, Forging, Corporation, Atmosphere of Earth, Aluminium, Heat exchanger, Security (finance), AP, Transport, Atmosphere, Maintenance, Internet, Risk, Annual report, Air Liquide, Growth, COVID-19, Electricity, Cryptocurrency, Renewable energy, Q3

While energy prices in Europe increased further during the quarter, certain commodity prices have fallen from their peaks, helping our product surcharges to keep pace.

Key Points: 
  • While energy prices in Europe increased further during the quarter, certain commodity prices have fallen from their peaks, helping our product surcharges to keep pace.
  • In addition, the Corporation improved its liquidity position during the quarter by successfully executing sale and leaseback and equipment financing transactions.
  • Ampco-Pittsburgh Corporation will hold a conference call on Tuesday, November 15, 2022, at 10:30 a.m. Eastern Time (ET) to discuss its financial results for the third quarter ended September 30, 2022.
  • The Corporation cannot guarantee any future results, levels of activity, performance or achievements.

Water Storage Systems Market Global Report 2022: Recycling and Reuse Offer Opportunities for Growth - ResearchAndMarkets.com

Retrieved on: 
Monday, November 14, 2022
Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Manufacturing, Agriculture, Steel, Chlorine, Bacteria, MEA, Corrosion, Urbanization, Collection, UV, USD, Commercial, Plastic, Growth, Acid, Construction, Fiberglass, Water, Plumbing

The global water storage systems market size is projected to grow from USD 16.5 billion in 2022 to USD 25.1 billion by 2027, at a CAGR of 8.7%, between 2022 and 2027.

Key Points: 
  • The global water storage systems market size is projected to grow from USD 16.5 billion in 2022 to USD 25.1 billion by 2027, at a CAGR of 8.7%, between 2022 and 2027.
  • Residential, commercial, industrial, and municipal end users are driving market growth thanks to the growing construction industry.
  • A variety of causes contribute to this increase, including water shortages, fast exponential population growth and urbanization, rigorous water conservation and discharge rules, and changing climate conditions.
  • The term plastic water tank refers to a broad category of plastic tanks used to store water..

Thomas Meth Appointed Chief Executive Officer of Enviva

Retrieved on: 
Monday, November 14, 2022
Environment, Forest Products, Sustainability, Alternative Energy, Energy, Natural Resources, Vienna University of Economics and Business, Steel, Inc., United Kingdom, Plant, Bachelor of Commerce, Port of Wilmington (Delaware), Social media, NYSE, Commerce, Port, University, Wood, Security (finance), Executive, University of Virginia, Business administration, Union, Health, Management, Risk management, Economics, Enviva

Enviva Inc. (NYSE: EVA) (Enviva, our, we, or the Company) today announced that Thomas Meth, Envivas President, has been appointed the Companys Chief Executive Officer and will become a member of Envivas board of directors (the Board), while retaining his title as President.

Key Points: 
  • Enviva Inc. (NYSE: EVA) (Enviva, our, we, or the Company) today announced that Thomas Meth, Envivas President, has been appointed the Companys Chief Executive Officer and will become a member of Envivas board of directors (the Board), while retaining his title as President.
  • The Company also announced that John Keppler, Chairman and Chief Executive Officer, is expected to assume the role of Executive Chairman, consistent with the succession plan developed by the Board.
  • The Board and I are delighted that Thomas Meth will serve as our next CEO.
  • All of us at Enviva wish John the best as he prioritizes his health and full recovery, and we look forward to his return as Executive Chairman, said Thomas Meth.