Future of Atlas Stainless in the balance
In its continuing effort to reduce costs, Slater Steel has initiated discussions with the unions representing its employees at Atlas Stainless Steels (the only producer of stainless steel flat rolled products in Canada, based in Sorel-Tracy, Quebec) and other parties regarding its operations at Atlas Stainless Steels.
Olympic Steel reduces workforce
Olympic Steel Inc. (Cleveland, Ohio) has completed a planned reduction in its total workforce, the second in its 47-year history.
CB&I to relocate
Chicago Bridge & Iron Company NV, which maintains its corporate headquarters in Hoofddorp, The Netherlands, plans to move its world-wide administrative office from its current location in Plainfield, Illinois, USA, to the Houston area.
Clough awarded new Thai contracts
Through its strategic alliance with Unocal Thailand Ltd and Unithai Shipyard and Engineering Ltd, the Clough Group has been awarded its second tranche of contracts in seven months to design and build wellhead platforms and subsea pipelines for Unocal in the Gulf of Thailand.
El Paso to build gas plant in Wisconsin
El Paso Merchant Energy is planning to build a gas-fired power plant in Muskego, Wisconsin. No details on the size or cost of the plant has been released. The company has given the city of Muskego a USD 20,000 developer's deposit.
