Company News

Houston Structures Inc., a member of Ulven Companies, has successfully completed a contract from U.S. Army Corps of Engineers to provide tainter gate wire rope assembly replacements for 11 dams in Oklahoma and Kansas. The USD 2.96 million contract, awarded through the Corps of Engineers' Tulsa District

POSCO is now the world’s No. 2 stainless steel producer, after expanding the capacity of its Chinese stainless steel JV. The company also intends to list the JV in Hong Kong or Shanghai after 2013. Zhangjiagang Pohang Stainless Steel (ZPSS) has completed construction on additional facilities

Outokumpu has appointed Jarmo Tonteri as the new EVP Specialty Stainless and member of Outokumpu Group's Executive Committee, effective 1 August 2011. He will report to Mika Seitovirta, the CEO of the company.

Sandmeyer Steel Company has appointed Richard Zakrzewski as District Sales Manager of the Midatlantic sales territory which includes eastern Pennsylvania, New Jersey, Delaware, Maryland, Virginia, and southeastern New York.  

Consumers Energy has received approval from the Mason County Planning Commission for the company’s special land use permit application for its first wind park. The 100MW Lake Winds Energy Park will be constructed as part of Consumers Energy's plans

BUTTING has won its largest single order in its 230 year history. The order, from Subsea 7, is for 84km of clad pipes for the Guará-Lula NE field project in Brazil. Part of the largest pre-salt oil fields discovered by Petrobras, the Guará-Lula NE fields are located in the Santos basin off the coast of Brazil.

SENER and Torresol Energy, the company leader in Concentrated Solar Power, a joint venture between SENER and Masdar received the US CSP Today Award in the categories of Engineering Firm of the Year and Commercialized Technology Innovation of the Year category, respectively.

Samuel, Son & Co. (Samuel), the fifth largest metal processor and distributor in North America has acquired Basic Stainless Inc., a service center operating from an 80,000sq/ft facility in Marshfield, Wisconsin;

Carpenter Technology Corporation has acquired Oilfield Alloys Pte Ltd for USD 4.8 million. Located in Singapore, Oilfield Alloys manufactures and distributes directional drilling equipment to the Asia-Pacific region.