Allegheny Technologies Inc. (ATI) announced a realignment of its business segments to further enhance its position as a leading specialty materials manufacturer and to accelerate sustainable long-term profitable growth. Starting with first-quarter 2020 financial results, ATI will report in two business segments: a streamlined High Performance Materials & Components (HPMC) segment and the new Advanced Alloys & Solutions (AA&S) segment.
ArcelorMittal is following government and World Health Organization advice and guidelines at all of its global operations in order to protect employees and prevent the spread of infection. Given the extent of the outbreak, the health and safety implications, and particularly the impact it is having on several European countries in which ArcelorMittal operates, the company is taking steps to reduce production from its European operations to ensure the well-being of employees is maintained and that production is aligned with demand.
The United States Centers for Disease Control and Prevention (CDC) and the World Health Organization (WHO) continue to address the novel coronavirus (COVID-19) at national and global levels. AIST is actively monitoring this concern and will continue to follow CDC/WHO guidance, provide updates and adjust strategy if recommended. As such, AIST’s top priority is focused on the health and safety of all participants at AIST events. With that in mind, AISTech 2020, which was scheduled for May 4-7 in Cleveland, has been postponed. The new date has not been determined, but it will be released in the coming days.
Forged Components Inc. (FCI) of Humble, Texas, announced the acquisition of Western of Texas Forge & Flange Co. (WTFF) in the fourth quarter of 2019. WTFF manufactures pipe flanges and forgings to standard and custom sizes to the oil and gas exploration and production, oil refining and processing, petrochemical, chemical, and power-generation industries. Kountze, Texas-based WTFF will continue to operate under its current name.
Wynnchurch Capital acquired Pennsylvania Machine Works (Penn Machine), a fully integrated manufacturer of high-pressure forged fittings and branch connections. Headquartered in Aston, Pa., Penn Machine produces high-quality products in a diverse variety of material grades that are sold into the downstream oil and gas, petrochemical, industrial and shipbuilding end markets. The company is supported by its forging facility in Swedesboro, N.J., and two machine shops in Aston and Houston, Texas.
Chicago-based Larson Forgings, a manufacturer of open-die and rolled-ring forgings, is celebrating its 125th anniversary. The company was founded in 1895 by Charles E. Larson, who began hammering out horseshoes and small tools from his blacksmith shop near the Chicago River. Today, Larson Forgings is a global industry resource.
Dana Incorporated started production of its Spicer Electrified eS9000r e-Axle for Class 4 and 5 commercial fleet applications. The e-Axle will be available for ordering in the third quarter of 2020. Dana is the first to market with this e-Axle classification in North America and has the in-house capability to manufacture all components of the system, including the gears, axle, motor and inverter. Designed for medium-duty truck and bus applications, the e-S9000r is based on the proven and widely specified Spicer S110, S111 and S130 rear-drive axle platforms and is engineered as a fully integrated e-Axle, including a gearbox and motor.
Saarstahl AG successfully commissioned a new five-strand billet caster at its steel plant in Völklingen, Germany. The caster, supplied by SMS Concast, a member of SMS group, is designed for a nominal annual production of 850,000 tons and the casting of 180-mm-square billets. According to SMS Concast, the casting machine at Saarstahl is the first caster in the world designed with mechanical soft reduction (MSR) technology for a billet cross section of 180 mm (7 inches) square. It produces billets in a wide range of steel grades, including bearing steel, spring steel, cold-heading and free-cutting steels.
BorgWarner Inc. and Delphi Technologies PLC entered into a definitive transaction agreement under which Auburn Hills, Mich.-based BorgWarner will acquire Delphi Technologies for approximately $3.3 billion. The acquisition will strengthen BorgWarner’s power electronics products, capabilities and scale. Combining with London-based Delphi Technologies will enable BorgWarner to maintain flexibility across combustion, hybrid and electric propulsion. The combined company will serve light- and commercial-vehicle manufacturers and the aftermarket.
Precision Castparts Corp. (PCC) announced that it will build a $128 million engineering and manufacturing center near Cincinnati, Ohio. PCC, an Oregon-based manufacturer of industrial components serving the aerospace, power and other major industrial sectors, says the new center will be built on an R&D campus in Mason, Ohio. The project is expected to create 190 new jobs. The new facility will house an R&D center for aerostructures and support manufacturing for the company’s SPS Technologies subsidiary.
Check out the February 2020 issue of FORGE, featuring our cover story on the "Proper Use of IR Temperature Sensors (Part II)", "How Hatebur Solved a Shearing Production Problem", "Optimized Cooling Rates of Microalloyed Steels (Part II)", and much more.