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Steels, Metals and Tooling
ArcelorMittal (‘the Company’) today announces a major US$1 billion, three-year investment programme at its Mexican operations, which is focussed on building ArcelorMittal Mexico’s downstream capabilities, sustaining the competitiveness of its mining operations and modernising its existing asset base.
The Roemheld Group has opened a new Stark manufacturing centre in Rankweil, Austria. This 6,000m2 building officially opened at the beginning of July and houses the latest manufacturing equipment and systems. This investment in technology includes new turn-mill centres, CNC grinding machines and a 3D measuring machine for use with large parts.
Swedish multinational Höganäs AB, the world's largest producer of powdered metals, has appointed Fredrik Emilson as its new President and CEO.
Manufacturing firms reported that order books were robust in August, while expectations for selling prices ticked up, according to the CBI’s latest monthly Industrial Trends Survey.