JULY 3, 2008W.Va. Gov. Seeks Review of $400M DuPont Zinc Smelter CaseGov. Joe Manchin urged the West Virginia Supreme Court to clarify whether DuPont has a right to have an appeal heard on $196.2 million in punitive damages, about half of a jury settlement awarded last year in a civil suit claiming health threats at a former zinc smelting plant.
Rising Steel Costs Slows Raising Steel StructuresGlobal demand, inflation, and a weak U.S. dollar have forced steel prices skyward, causing sticker shock for developers and disrupting the delicate dance they do with architects, contractors, lenders and tenants.
Alcan to Invest Euro 17M in Czech Flexible Packaging PlantAlcan Packaging, a division of Rio Tinto Alcan, will invest euro 17 million (approximately US$27 million) in the Central European flexible packaging market. The new state of the art facility will supply the emergent food market.
Bath Iron Works Lands Contract for Lead Yard Services on AEGIS DestroyerThe U.S. Navy has awarded Bath Iron Works, a subsidiary of General Dynamics, a $20.7 million contract to provide ongoing Lead Yard Services for the DDG 51 Arleigh Burke-class AEGIS destroyer program.
JULY 2, 2008Golden Touch Revives Former Alcoa Aluminum PlantManagers and employees at the Golden Aluminum Extrusion plant are pleased with the progress being made by the new owners of the processing and manufacturing plant purchased from Alcoa almost nine months ago.
AMG Lands Contract for Solar Silicon Melting and Crystallization Furnace SystemsAMG Advanced Metallurgical Group N.V. has received its first purchase order to supply solar silicon melting and crystallization furnace systems valued in excess of $90 million.
CPI Lands $70M Deal to Build AF Jet WingsCPI Aerostructures Inc. has landed one of its largest-ever contracts, a $70-million award from Boeing Co. to build parts for the Air Force's A-10 Thunderbolts.
South Africa Restricts Scrap Metal ExportsAn export permit is needed to export host scrap metal products and the government is considering measures to limit the export of scrap metal.
JUNE 30, 2008Marcial Says U.S. Steel Is on a RollTo some, U.S. Steel no longer looks like the Big Steal it was when it was trading below $100. But if you look at the prospects for rising demand -- and the market price the metal fetches -- you would disagree, says Gene Marcial.
Composite Roller Tubes Replace SteelResin Systems Inc., announced that its composite roller tubes have been selected to replace existing steel roller tubes in a bulk potash material handling load-out facility.
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