Mechel Starting New Production At Korshunov Mining Plant

Mechel OAO, one of the leading mining and metals companies, announces starting production for repair of type 2 BC-105 dump cars at its Korshunov Mining Plant OAO subsidiary and obtaining a permit for the repaired dump cars to be used at railways of Russia. To establish the production reconstruction of repairs and mechanics shop was performed, high technology equipment was purchased, and the staff... 

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Argosy Partners and MTN Capital Partners Acquire Joliet Equipment Corporation

Argosy Partners and MTN Capital Partners announced today they have acquired Joliet Equipment Corporation, a leading supplier of new and remanufactured AC and DC traction motors for the oil and gas drilling and exploration industries and other high-power, large-motor industrial applications. The company also provides industrial motor repair services. Over its 75 year history, Joliet has built one of... 

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Flowserve Signs Long-Term Strategic Agreement with Oil and Gas Giant Saudi Aramco

Flowserve Corporation, one of the world’s leading providers of flow control products and services for the global infrastructure markets including oil and gas, power, chemical water and general industries, today announced it has signed a 10-year strategic supplier agreement with Saudi Aramco, one of the world’s largest oil producing companies. The supply agreement includes Flowserve’s entire... 

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WiscoLift Selects N4 Systems’ Field ID to Manage Their RFID Based Inspection and Safety Services and Joins the Field ID Safety Network

WiscoLift has selected the market leading automated inspection and real-time safety compliance management system, Field ID, to manage their inspection, testing, certification and repair services. Field ID Distributor Edition will enable WiscoLift to have full safety traceability of products they sell as well as take advantage of the Field ID Safety Network; sharing critical safety data with their vendors... 

Todd Shipyards Corporation Announces Ratification of Labor Contract with Metal Trades Council

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 that negotiate under the umbrella of... 

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Timken Process Helps Customer Cut Cost and Reduce Waste

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 the outer shell cool as hot metal passes... 

EQECAT Initial Post-Landfall Estimates Of Insured Onshore Losses From Hurricane Ike

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... 

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Timken Provides Repair Services for Steel Producer

The Timken Company announced today that it is providing industrial services to Sparrows Point, a fully integrated steel mill based in Baltimore. As a full-service supplier to Sparrow’s Point, Timken performs bearing repair, chock repair, roll repair and other lifecycle services for the steel producer. Timken provides service on approximately 50 different bearing part numbers for use in cold and hot... 

Examine the Fundamentals of Structural Metal Product Manufacturing in the US

Research and Markets has announced the addition of the “Structural Metal Product Manufacturing in the US” report to their offering. This industry comprises establishments primarily engaged in manufacturing one or more of the following: (1) prefabricated metal buildings, panels and sections; (2) structural metal products; and (3) metal plate work products. This report covers the scope, size,... 

Precision Drilling Trust and Grey Wolf, Inc. Announce Definitive Merger Agreement

Precision Drilling Trust and Grey Wolf, Inc. announced that their Board of Trustees and Board of Directors, respectively, unanimously approved a definitive merger agreement pursuant to which Precision will acquire Grey Wolf. The combination of Precision and Grey Wolf will have land drilling operations in virtually every conventional and unconventional oil and gas basin in the lower 48 United States... 

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