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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand
2014-09-25 10:30:41| Green Car Congress
Tags: automotive
growth
demand
upgrade
Company to add 65 jobs at Oklahoma mill
2014-09-22 21:39:48| Paper - Topix.net
Gov. Mary Fallin says a southeastern Oklahoma containerboard mill will create 65 jobs as it increases its capacity next summer. Fallin says International Paper will invest $90 million at its Valliant mill to restart a machine that was idled indefinitely nearly five years ago.
Tags: add
company
jobs
oklahoma
Pratt opens mill in Ohio
2014-09-19 13:25:05| Paper - Topix.net
Pratt Industries, an Australia-based paper company with its U.S. headquarters in Conyers, Georgia, has officially opened its $44 million recycled-content corrugated mill in Lewisburg, Ohio. The 350,000-square-foot facility has been built adjacent to an existing Pratt box plant in Lewisburg.
Cargill shutting down Memphis corn mill
2014-09-16 22:06:07| Food - Topix.net
Cargill Inc. will close its Memphis corn mill, located at 2330 Buoy, a facility that employs 440 employees. According to a Cargill statement, 120 of its local employees were contract workers.
Tags: mill
corn
memphis
shutting
ArcelorMittal Gerdau to sell US steel mill for 770 million
2014-09-16 10:21:16| Steel - Topix.net
World's biggest steel producer ArcelorMittal on Monday said it has inked a pact with Brazil's Gerdau to sell their 50% stakes in US-based Gallatin for $770 million, as part of its strategy to divest non-core assets. "ArcelorMittal and Gerdau jointly announced today that they have entered into a definitive transaction agreement to sell their respective 50% interests in Gallatin Steel Company to Nucor Corporation for a total cash consideration of $770 million, subject to customary closing adjustments," the steel giant said in a statement.
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