Ampco-Pittsburgh Corp. completed the sale of its Canadian specialty steel subsidiary, ASW Steel Inc. (ASW), to Valbruna Canada Ltd., a subsidiary of Acciaierie Valbruna S.p.A., of Vicenza, Italy. With production facilities in Fort Wayne, Ind., and in Italy, Valbruna produces stainless steels, nickel alloys and titanium long products. It has an annual output of approximately 200,000 tons of specialty steels.
In related news, Ampco-Pittsburgh completed the sale of its Avonmore, Pa., cast-roll manufacturing facility, Akers National Roll, to an affiliate of WHEMCO Inc. WHEMCO, through its six operating companies, supplies heavy industrial components for the metals, power-generation, mining and shipbuilding industries. Their core competencies include heat treating, melting, casting, forging and machining.