Steel

Lincoln Electric Appoints Michele R. Kuhrt as Chief Transformation Officer

Retrieved on: 
Wednesday, April 3, 2024
Aerospace, Manufacturing, Defense, Other Technology, Contracts, Electronic Design Automation, Technology, Other Energy, Utilities, Oil, Gas, Coal, Alternative Energy, Energy, Other Manufacturing, Steel, Packaging, Nuclear, Engineering, Automation, PwC, Case Western Reserve University, Information technology, Senior, Public Account, ABB, LBS, Multimedia, Lincoln Electric, Human resources, CPA, Management

Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that Michele R. Kuhrt has been appointed as Executive Vice President, Chief Transformation Officer (CTO), effective April 8, 2024.

Key Points: 
  • Lincoln Electric Holdings, Inc. (Nasdaq: LECO) (“Company”), announced today that Michele R. Kuhrt has been appointed as Executive Vice President, Chief Transformation Officer (CTO), effective April 8, 2024.
  • She will continue to serve as a member of the executive leadership team and report to Steven B. Hedlund, President and Chief Executive Officer.
  • View the full release here: https://www.businesswire.com/news/home/20240403151965/en/
    Michele Kuhrt appointed as Executive Vice President, Chief Transformation Officer at Lincoln Electric.
  • “I am excited to appoint Michele as our first Chief Transformation Officer,” stated Mr. Hedlund.

Cleveland-Cliffs Applauds DOE’s Final Transformer Efficiency Standard Rule

Retrieved on: 
Thursday, April 4, 2024
Urban Planning, Public Policy, Government, Mining, Minerals, Other Construction & Property, Natural Resources, Machinery, Other Energy, Machine Tools, Metalworking & Metallurgy, Utilities, Construction & Property, Steel, Energy, White House, Federal Government, Automotive Manufacturing, Manufacturing, Labor, JSW Steel, Amorphous metal, Employment, United Auto Workers, GOES, Plant, Investment, Cleveland-Cliffs, Workforce, UAW, DOE

Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Energy’s (DOE) final transformer efficiency standard rule that will provide for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of Cliffs’ current distribution transformer end markets.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) today applauded the Department of Energy’s (DOE) final transformer efficiency standard rule that will provide for the continued utilization of Grain-Oriented Electrical Steel (GOES) in virtually all of Cliffs’ current distribution transformer end markets.
  • With this revised rule, the DOE acknowledged the fundamental importance of GOES and the essential role played by Cleveland-Cliffs steel plants in Butler, PA and Zanesville, OH in effectively sustaining the functionality of the U.S. electric grid.
  • Lourenco Goncalves, Cleveland-Cliffs’ Chairman, President and Chief Executive Officer said, “We are grateful that the U.S. Department of Energy (DOE) was open to the feedback provided by Cleveland-Cliffs and our clientele of transformer manufacturers, and adopted major changes to the originally proposed transformer efficiency rule.
  • The final rule ensures Cliffs’ ability to continue producing highly-efficient GOES in the United States.

Cleveland-Cliffs Issues Sustainability Report for 2023

Retrieved on: 
Wednesday, April 3, 2024
Professional Services, Environmental Policy, Business, Machine Tools, Metalworking & Metallurgy, Sustainability, Mining, Minerals, Natural Resources, Environment, Steel, Other Professional Services, Environmental, Social and Governance (ESG), Manufacturing, Cliff, CDP, Health, Culture, Negotiation, Organization, PDF, Partnership, GHG, Global warming potential, ESG, Climate, Carbon, City, Water, Cleveland-Cliffs, Fugitive emission, Safety, Metric, Report, Renewable energy

Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its Sustainability Report 2023.

Key Points: 
  • Cleveland-Cliffs Inc. (NYSE: CLF) announced today the release of its Sustainability Report 2023.
  • The Report informs about Cleveland-Cliffs’ continued progress on environmental, social and governance (ESG) performance for 2023, including its achievements in reducing greenhouse gas (GHG) emissions and decarbonization initiatives.
  • The Sustainability Report 2023 details how Cleveland-Cliffs’ steel products help advance the transition to a low-carbon economy, providing updates and highlights related to Cleveland-Cliffs’ most important sustainability topics, including climate and GHG emissions, water, waste, talent management, labor and community relations, health and safety, and corporate governance.
  • Cleveland-Cliffs’ Sustainability Report 2023 is accessible online in the “ Sustainability ” section of the Company’s corporate website, www.clevelandcliffs.com , where a printable PDF version of the report is also available.

Klauer Manufacturing Company Debunks Two Common Myths Surrounding Steel Siding

Retrieved on: 
Tuesday, April 2, 2024
Architecture, Commercial Building & Real Estate, Construction & Property, Other Manufacturing, Steel, Building Systems, Manufacturing, Residential Building & Real Estate, Beauty, Wood, Multimedia, Weather, Engineered wood

Klauer Manufacturing Company, an innovator in the steel siding industry, revealed their informative guide aimed at dispelling “popular” myths surrounding steel siding.

Key Points: 
  • Klauer Manufacturing Company, an innovator in the steel siding industry, revealed their informative guide aimed at dispelling “popular” myths surrounding steel siding.
  • View the full release here: https://www.businesswire.com/news/home/20240402811813/en/
    Klauer Manufacturing Company's steel siding is crafted using heavy-gauge steel and durable state-of-the-art finishes and coatings.
  • “As a company deeply committed to innovation and quality, we understand that misconceptions about steel siding may prevent people from embracing its numerous benefits,” said Michael Igo, Vice President of Klauer Manufacturing.
  • For more information on Klauer Manufacturing Company and the benefits of steel siding, call 563-582-7201 or visit: https://klauer.com/ .

Empowered Ventures Acquires Benoure Plumbing, Heating & Air Conditioning

Retrieved on: 
Tuesday, April 2, 2024
Professional Services, Residential Building & Real Estate, Machinery, Commercial Building & Real Estate, Other Manufacturing, Machine Tools, Metalworking & Metallurgy, HVAC, Construction & Property, Textiles, Steel, Engineering, Automotive Manufacturing, Aerospace, Manufacturing, Building Systems, Other Professional Services, Finance, ESOP, Growth, Heat, Air conditioning, History, Acquisition, Family

Empowered Ventures, a 100% employee-owned holding company based in Carmel, Ind., is pleased to announce the acquisition of Benoure Plumbing, Heating & Air Conditioning (Benoure), a leading residential and commercial mechanical contractor based in South Burlington, Vermont.

Key Points: 
  • Empowered Ventures, a 100% employee-owned holding company based in Carmel, Ind., is pleased to announce the acquisition of Benoure Plumbing, Heating & Air Conditioning (Benoure), a leading residential and commercial mechanical contractor based in South Burlington, Vermont.
  • “I am thrilled to welcome the entire Benoure team to Empowered Ventures,” said Empowered Ventures President & CEO, Chris Fredericks.
  • I am looking forward to leading Benoure into the future and working with the Empowered Ventures team to bring Benoure to the next level.”
    Joining Empowered Ventures reinforces Benoure’s commitment to excellent service and quality.
  • With the acquisition, Benoure’s employees join the Empowered Ventures ESOP, which owns 100% of Empowered Ventures and its operating companies.

Laser Photonics’ MarkStar a Go-to Permanent Marking Tool for Traceability in Aerospace

Retrieved on: 
Tuesday, April 2, 2024
Machine Tools, Metalworking & Metallurgy, Engineering, Aerospace, Manufacturing, Other Manufacturing, Steel, Electricity, 2D, LPC, Shock, Metal, UID, Plastic, Ceramic, DPM, AC/DC, 3D printing

Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its MarkStar laser marking systems in the aerospace industry.

Key Points: 
  • Laser Photonics Corporation (LPC), a leading global developer of industrial laser systems for laser cleaning and other material processing applications, highlights a key application for its MarkStar laser marking systems in the aerospace industry.
  • “Our MarkStar enables on-the-fly marking of components with scannable 2D barcodes and UID codes, creating wear-resistant, permanent marks on a wide range of materials.
  • This comes in handy in markets where component traceability is important, such as in aerospace,” said Wayne Tupuola, CEO of Laser Photonics.
  • “Manufacturers of aircraft components are increasingly relying on laser marking technology and replacing slower and less reliable methods like dot-peen stamping or inkjet marking.

South Africa Iron Ore and Chrome Mining Industry - Increasing Demand for Chrome Ore, Due to Rising Ferrochrome Production in China - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024
Machine Tools, Metalworking & Metallurgy, Rail, Mining, Minerals, Transport, Manufacturing, Natural Resources, Other Transport, Growth, Steel, Iron, Stainless steel, PGM, Anglo American Platinum, Platinum, Iron ore

Limited exports due to collapsing rail lines and ports used by chrome ore and iron ore mining companies.

Key Points: 
  • Limited exports due to collapsing rail lines and ports used by chrome ore and iron ore mining companies.
  • Increased demand for stainless steel should lead to growth in chrome ore demand and, consequently, higher chrome ore prices.
  • The rate of iron ore demand growth is expected to slow, and iron ore supply is forecast to grow at a faster rate than demand, leading to lower iron ore prices.
  • Iron Ore companies profiled include Kumba, Assmang, Afrimat, Ironveld Mining and Thabazimbi Iron Ore Mine.

Rack Store Secures Over 100 Material Handling Dealers Nationwide

Retrieved on: 
Tuesday, April 2, 2024
Manufacturing, Other Manufacturing, Professional Services, Steel, Small Business, Petco Park, Foot, RSVP, Rack, Warehouse

Today, Rack Store proudly announces that the Southern California based company has secured more than 100 material handling dealers and customers nationwide.

Key Points: 
  • Today, Rack Store proudly announces that the Southern California based company has secured more than 100 material handling dealers and customers nationwide.
  • From April 20-24, interested dealers can visit Rack Store in Booth #62 at the Annual 2024 MHEDA Convention at the Hilton San Diego Bayfront.
  • Partnering with Nucor Warehouse Systems, Rack Store has earned the Premier Stocking Distributor designation meaning Rack Store will always maintain stock of the safest and most standard rack and accessories.
  • For more information on Rack Store and its distribution capabilities, visit https://www.rackstore.com/ , and/or on LinkedIn .

Europe Furniture Industry Report 2024, Featuring Aquinos, Cotta Collection, Design Holding, Ekornes, Friul Intagli, Howden Joinery, IKEA, Natuzzi, Nobilia, Polipol, Schuller, Steelcase and Welle - ResearchAndMarkets.com

Retrieved on: 
Tuesday, April 2, 2024
Luxury, Department Stores, Specialty, Construction & Property, Other Manufacturing, Textiles, Retail, Steel, Chemicals, Plastics, Manufacturing, Home Goods, Interior Design, EUR, Furniture, Recycling, Statistics, Investment, Orientation, SME

The Furniture Industry in Europe report contains all the main statistics and indicators useful to analyze the furniture sector in Europe and in 30 European countries.

Key Points: 
  • The Furniture Industry in Europe report contains all the main statistics and indicators useful to analyze the furniture sector in Europe and in 30 European countries.
  • Europe continues to hold a crucial position in the global furniture industry, acting as a pivotal hub for production, market size and world trade.
  • The European furniture market potential and development insights: future perspectives of the furniture sector in Europe, furniture market forecasts up to 2025.
  • Types of furniture covered: Office furniture, Upholstered furniture, Non-upholstered seats, Kitchen furniture, Bedroom furniture, Dining and living room furniture, and Other Furniture.

GrafTech Announces First Quarter 2024 Earnings Conference Call and Webcast

Retrieved on: 
Thursday, April 4, 2024
Technology, Steel, Chemicals, Plastics, Alternative Energy, Manufacturing, Energy, Mining, Minerals, Hardware, Consumer Electronics, Natural Resources, International, Conference, GrafTech, EDT, EAF

GrafTech International Ltd. (NYSE:EAF) (the “Company”) will hold its First Quarter 2024 Earnings Conference Call and Webcast on Friday, April 26, 2024 at 10:00 a.m. (EDT).

Key Points: 
  • GrafTech International Ltd. (NYSE:EAF) (the “Company”) will hold its First Quarter 2024 Earnings Conference Call and Webcast on Friday, April 26, 2024 at 10:00 a.m. (EDT).
  • The call will be hosted by senior management to discuss financial results for the first quarter ended March 31, 2024 and current business initiatives.
  • Live audio of the conference call will be available via webcast on our website or can be accessed at: https://bit.ly/43I9m9e .
  • Archived replays of the conference call and webcast will be made available on our investor relations website at: http://ir.graftech.com .