GKN have just acquired Pilkington Aerospace, a leading supplier of transparencies, or canopies and windows for civil and military aircraft for US$67.5 million.
Pilkington Aerospace will become part of GKN’s exis...
After having purchased the dormant Republic Technologies plant in Beaver County in June, BVV Acquisitions have just acquired Pittsburgh Tool Steel for an undisclosed price.
BVV’s intention is to combine the two ...
Alcan have just completed their acquisition of composite materials manufacturer Baltek. The $35 million deal closed after having been approved by Baltek shareholders.
Following the acquisition, Baltek will be renamed ...
Alcoa have revealed their new plan to develop advanced aluminium alloys for the next and future generation airliners.
The "20-20" initiative aims to provide a 20% weight decrease and a 20% cost reduction ove...
GE Industrial Systems, a division of General Electric Company have just completed the acquisition of SI Pressure Instruments, a unit of Hill and Smith Holding.
They will now become part of GE Druck, a division of GE I...
Following a UK asset review, Corus have decided to restructure their UK steel business to try and stem the loss making trend. The current round of restructuring is aimed at tailoring their business for local demand.
T...
Alcan have entered into an agreement to acquire Baltek Corp for US$35 million.
The proposal has been approved by the Baltek Board and Major shareholders. Alcan expects to close the deal some time in the second quarter...
Boeing have generously donated a nanotechnology patent to Vanderbilt University. The patent covers particle separation technology. While originally developed for space applications, it has been re-adapted for ground base...
Reliance Steel and Aluminum Co have expanded operations into Europe and opened a facility on the Aeropole site in Gosselies, Belgium, through their subsidiary AMI Metals Inc.
The new facility will allow AMI Metals to...
Alcoa recorded a loss for the 4th quarter of 2002. They sited a global manufacturing weakness that has persisted for longer than anticipated as a major contributing factor.
Areas that remained soft, suffering from the...
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