It was announced today that the Timken Company had reached an agreement with Ingersoll-Rand to acquire their Torrington subsidiary. The acquisition is valued at approximately $840 million, made up of $700 million in cash...
Australian Magnesium Corp have secured an order for 15,000 tons of pure magnesium for its Stanwell project, which is still under construction. The new supply contract with an unnamed , major European metal group, will ru...
Avestor have just started production of the world’s first fully commercial lithium-metal-polymer (LMP) battery in their new production plant in Boucherville, Quebec, Canada. Avestor is a 50/50 joint venture between...
Australian Magnesium Corp (AMC)a have just signed a 3 year agreement to form an alliance the Co-Operative Research Centre for Cast Metals Manufacturing (CAST), one of the worlds leading specialists in automotive research...
Icon Polymer have just consolidated their position as a leader in the Brake Chamber Diaphragm (BCD) market by acquiring the BCD division of Contitech VC in Germany. In fact the acquisition will push Icon into the number ...
AK Steel and International Steel Group (ISG) have formed a partnership. Under the agreement AK Steel have acquired 60% of a flat-rolled steel electrogalvanising plant in Ohio.
The facility which will be operated by IS...
3M have just announced the acquisition of Polymer Engineering Corp. Details of the transaction were not revealed but include related trademarks and patents.
Polymer Engineering manufacture a range of adhesives, includ...
GE Industrial Systems, a division of General Electric has signed an agreement to purchase NovaSensor Inc, a provider of high-technology products and services to the automotive, space, medical and industrial processes mar...
GKN Sinter Metals has just completed its acquisition of Mahindra and Mahindra Limited’s 51% share in Mahindra Sintered Products Limited (MSPL). The acquisition cost GKN US$13.33 million and gives GKN a 100% shareho...
The Swiss industrial group Gurit-Heberlein has agreed to acquire UK-based composites company SP Group. The acquisition involving cash and shares will come into effect on September 1.
The deal suited SP’s desire ...
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