Todd Shipyards Corporation announced that its wholly owned subsidiary, Todd Pacific Shipyards Corporation, has reached an agreement with the Puget Sound Metal Trades Council for a new five-year collective bargaining agreement. The Agreement was ratified by the employees of Todd by more than a 2-1 margin. Todd’s employees are represented by eleven local unions [...]

Alcoa Foundation announced that it has awarded a $100,000 grant to the American Red Cross of Southwest Louisiana to aid victims of last week’s widespread flooding caused by Hurricane Ike. Alcoa employs approximately 200 people at its Lake Charles, Louisiana, anode plant.
The grants are a part of a longstanding commitment that Alcoa and Alcoa Foundation [...]

The Timken Company is helping Oracle Packaging Co. reduce repair costs by providing a service that enables the damage-free removal and reuse of caster roll shells.
Oracle uses caster rolls and shells at its light-gauge converter foil production facility in Winston-Salem, N.C. Unexpected failures in a caster core, which houses the chilled water passages that keep [...]

Kerry Associates announce that it has received a signed letter of intent on behalf of W2 Energy, Inc. from Aquarian Gold Corp. to become an exclusive Joint Venture Partner in Indonesia. The letter of intent would allow Aquarian Coal to become the exclusive Joint Venture Partner in Indonesia to use this technology to produce liquid [...]

DTN, a leading business information services company focused on agricultural, energy and weather business markets, today announced that Valero Energy Corporation, will use industry-leading DTN TABS(TM) credit and product allocation controls for its rack marketer customers.
Valero’s use of DTN TABS will enable rack marketers to gain complete control over what they are selling and the [...]

WGI Heavy Minerals, Incorporated announced that it has completed the sale of its investment in Transworld Garnet India (Pvt) Limited (TGI). The sale consists of WGI’s 74% equity interest in TGI and the repayment of debt financing.
WGI has repatriated from India US $4.85 million in cash for its 74% equity interest in TGI. In addition, [...]

Universal Stainless & Alloy Products, Inc. reported that it has agreed with Local 9531 of the United Steelworkers to continue operations at the Company’s Bridgeville facility while negotiations of a mutually acceptable labor agreement continue. The previously announced continuance of the collective bargaining agreement covering the hourly employees at the facility expired on September 12.
The [...]

Diamond Offshore Drilling, Inc. reported that tracking devices indicate all of the Company’s rigs maintained station during Hurricane Ike, and 10 of 12 units most impacted by the storm appear to have suffered relatively little or no damage according to reports from start-up crews and visual air inspections.
Of the remaining two, visual inspections by air [...]

EQECAT, Inc., the leading authority on extreme-risk modeling, Saturday morning said, based on current storm information provided by the National Oceanic and Atmospheric Administration (NOAA), initial post-landfall estimated insured onshore losses from Hurricane Ike could range from $8 billion to $18 billion, primarily in the Texas counties of Brazoria, Harris, Galveston, Chambers and Jefferson.
This estimate [...]

White Mountain Titanium Corporation reports that a first phase drill program at the Eli prospect, which commenced in the late spring, has now been completed. Eli, one of four rutile prospects which currently constitute the Cerro Blanco project, is situated approximately 3 kilometers southwest of the main Las Carolinas prospect.
The drill program, which was comprised [...]