Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your news release on our website and email newsletter, please feel free to contact the editor.

Baker Hughes signs a JDCA with Hanwha Ocean

Baker Hughes and Hanwha have announced a Joint Development and Collaboration Agreement for a new small-size turbine for ammonia applications

Allegion acquires Next Door Company

Allegion plc has acquired the business and operations of privately held Next Door Company (Next Door), including its brands and other assets. 

Stegra appoints Niklas Wass as Head of Operations

Stegra appoints Niklas Wass as Head of Operations in Boden. Wass joins the industrial scaleup company after 22 years at Outokumpu.

Arterex acquires Adroit USA Inc.

Arterex has acquired Adroit USA Inc., a vertically integrated contract manufacturer that specializes in complete medical device manufacturing.

Marcegaglia UK expands its production at Oldbury

Marcegaglia UK expands its manufacturing capabilities at the Oldbury site, which now produces electro-welded stainless steel tubes

Maharashtra Government signs a MoU with VPPL

The Maharashtra Government has signed an MoU with Viraj Profiles for the establishment of an integrated stainless steel plant

Viral Rabbits and Zung Warrior win India Digital Awards

Viral Rabbits picks up a Silver in the Best Cross Channel Marketing Campaign for its Zung Warrior Brand Campaign for Jindal Stainless Limited

Advantage Capital invests USD 2.5M to support UMECC

Advantage Capital will invest USD 2.5M in the United Metallurgical Equipment Companies of Cincinatti (UMECC)

Gordon Brothers as selling agent for a steel plant

Gordon Brothers has been appointed as selling agent for a never utilized 2M TPA flat and long steel production plant

Olympic Steel promotes Brant Harbert to GM

Olympic Steel Inc. has announced the promotion of Brant Harbert to the role of General Manager for the Company’s three Ohio facilities.