Columbus, Ohio-based Worthington Industries announced Wednesday that it closed on an agreement with Wuhan Iron and Steel Company (WISCO) to become the majority member in Tailor Welded Blanks (TWB), its laser welded blanking joint venture. ...
Tags: Worthington, Thyssenkrupp
Marl International has started a bilateral engineering partnership with California-based LED lighting manufacturer Bivar Inc. under which the two companies will combine design resources and share IP to bring innovative LED lighting and ...
Tags: LED Lighting, LED, lights
The Bureau of Transportation Statistics (BTS) of the US Department of Transportation Wednesday released May North American Free Trade Agreement (NAFTA) freight numbers showing that trucks carried 60.8 percent of the $98.6 billion of freight ...
Russian mining and steelmaking company Mechel has announced that it has signed an agreement for the disposal of several ferroalloys assets to Turkey-based privately-owned diversified industrial group Yildirim Group. According to the ...
Tags: Yildirim Group, Mineral
Russian steelmaker MMK's Turkey-based subsidiary MMK Metalurji has announced that its offer of a 10 percent increase in wages notified to Turkish labor union Çelik-İş has expired as of August 2. After the labor union ...
Tags: steelmaker, MMK
On Thursday, the US Department of Commerce (DOC) announced its preliminary determination in the administrative review of the suspension agreement with Ukraine on cut-to-length carbon steel plate. The DOC has preliminarily determined that ...
US based auto mobile manufacturer Ford Motor has paid a fine of $17.35m to the US National Highway Traffic Safety Administration (NHTSA) over the delay in notifying the customers about a defect. The fine was related to the company's ...
Tags: Ford, Recall Delay
A trade agreement between the EU on one side and the Central American nations of Honduras, Nicaragua and Panama on the other has set into motion from August 1, 2013. The trade agreement, which was part of an Association Agreement ...
Several trade incentives available to the African countries including, African Growth and Opportunity Act (AGOA), the Cotonou Agreement with the European Union, and the Southern African Customs Union (SACU) agreement, help in the revival of ...
ARL Apparels Limited, a Chittagong-based readymade garments manufacturing enterprise, will set up a manufacturing unit in Karnaphuli export processing zone (EPZ), located at about 10-km distance from Chittagong. As per the agreement ...
Tags: Apparel Firm, Apparel
Greensboro, N.C.-based textured yarn manufacturer Unifi Inc. and Kingstree, S.C.-based Palmetto Synthetics LLC -- a manufacturer of polyester, nylon, and other specialty man-made staple fibers -- have signed a manufacturing and distribution ...
Tags: Textile
The following is a joint statement by the Department of State, the Department of Labor, and the Office of the United States Trade Representative: Today, the United States is outlining next steps in a longstanding effort to address in a ...
Välinge Innovation and Novalis Innovative Flooring announce that the companies have signed a license where Novalis obtains a license on Välinge IP related to resilient floors, including an indemnification on patents from ...
Tags: Construction, Decoration
Kinetic Concepts, a US-based medical technology company, has inked an agreement to acquire Systagenix, a UK-based firm that provides advanced wound care (AWC) products, for $485m. The merger is expected to boost KCI's position as wound ...
Tags: Kinetic Concepts, Systagenix
Samsung is reportedly in talks to acquire German organic light-emitting diode (OLED) technology developer Novaled. A Novaled representative declined to comment on reports that Samsung is offering more than $200 million for the company, ...