http://Steel.industrysearch.com steel fabricating steel steel building stainless steel stainless steel tubing steel drum steel mill steel frame home steel door cold steel steel framing steel tubing steel pipe steel steel steel A new, high capacity vacuum lifter that features a hydraulic powered tilter for handling steel fabrications up to 10,000 lbs., without chains or slings, is being introduced by Anver Corporation of Hudson, Massachusetts. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14612%2etxt (Middletown, Ohio) – Midwest Service, a division of Vail Rubber Works, will complete construction on its new rubber covering plant and start production this summer. The company is adding 5,000 square feet to its facility and will more than double employees over the next three years to keep up with demand for its new product line. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14609%2etxt Fisher announces nearly $20 million for Wright Projects http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14603%2etxt North East, PA - June 2008 - RIDG-U-RAK’s patented Seismic Base Isolation System was awarded first place honors for "Excellence for Innovation" in the earthquake mitigation category at the 2008 National Earthquake Conference. The Seismic Base Isolator is a product that attaches to the base of storage rack upright frames and is then anchored to the floor. During an earthquake, the base isolator absorbs much of the seismic energy before it gets to the rack structure itself. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14599%2etxt ArlingtonVA, June 25, 2008 – PMMI, sponsor and producer of PACK EXPO International 2008, today announced the agenda for the upcoming Conference at PACK EXPO. With its overarching theme of “Change, Innovation and Sustainability,” the three-day program is packed with high-profile keynote presentations and more than 50 sessions presented by industry leaders and innovators. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14597%2etxt CHICAGO--(BUSINESS WIRE)--Fitch Ratings has downgraded the Issuer Default Rating (IDR) of Chrysler LLC to 'B-' from 'B'. The Rating Outlook is Negative. The downgrade reflects the steep decline in Chrysler's sales resulting from weak economic conditions, high fuel prices, and an accelerating shift to fuel-efficient vehicles. In the event that 2009 industry sales remain flat with depressed 2008 levels, negative cash flows could result in Chrysler's liquidity position reaching minimal required levels in late 2009. Cost reduction efforts have been aggressive, but have simply not been able to keep up with the pace of declining sales volumes. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14594%2etxt CHICAGO & NEW YORK--(BUSINESS WIRE)--Fitch has downgraded the Issuer Default Rating (IDR) of General Motors Corporation (GM) to 'B-' from 'B', and assigned a Rating Outlook Negative. The downgrade results from weak economic conditions, the dramatic shift to fuel efficient vehicles and the resulting cash drains at GM that are expected to persist at lest through 2009. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14593%2etxt Fort Wayne, Ind. -- Steel Dynamics, Inc. today announced that OmniSource Corporation, a wholly-owned subsidiary of Steel Dynamics, and Recycle South, LLC have executed a definitive agreement whereby OmniSource will acquire the remaining equity interests in Recycle South, one of the largest regional scrap metal recycling companies in the nation. Recycle South was formed in August 2007 by the merger of Carolinas Recycling Group and Atlantic Scrap and Processing. The company is headquartered in Spartanburg, South Carolina. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14591%2etxt Columbus, OH -- Lieutenant Governor Lee Fisher announced that Lawrence County has been awarded a $500,000 grant to provide infrastructure improvements to assist Chatham Steel with a planned expansion project. The funds will be awarded through the Ohio Small Cities Community Development Block Grant Economic Development Program, which is administered by the Ohio Department of Development. The $7.9 million project will create 50 jobs. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14588%2etxt Steel production veteran gains valuable window into corporate data with industry-specific ERP Solution, resulting in improved production, quality control and stable infrastructure. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14585%2etxt Spiroflow Systems, Inc. has introduced a new, economic range of flexible silos that provide tailor-made solutions for quick, efficient and safe storing a large quantity of solids and ingredients in most industries. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14582%2etxt Nationwide provider of mobile and modular buildings and storage container solutions opens second California location. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14572%2etxt The agreement will provide Taurus-Wotan with a strong independent partner for installation and service for its equipment sold in North America. DMT has been well-known as a machine tool re-manufacturer for a variety of metal cutting equipment as well as a manufacturer of special machine tools. As such it has significant assets for field service, in-house engineering and machining typically associated with support sophisticated machine tools. DAYTON MACHINE TOOL COMPANY is part of a group of companies with broad manufacturing and fabricating capabilities. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14557%2etxt CHARLOTTE, N.C., June 12 /PRNewswire-FirstCall/ -- Nucor Corporation (NYSE:NUE) has announced that its wholly owned subsidiary, Harris Steel, Inc., has signed a Purchase Agreement to acquire all of the issued and outstanding common shares of Ambassador Steel Corporation ("Ambassador"), based in Auburn, Indiana, for a cash purchase price of approximately $185,000,000. The transaction will also include the shares of Ambassador's affiliate, Delta Erecting, Inc. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14547%2etxt Frankfort, Ill., - FKM-USA, a fabricator of industrial roll products, has announced its new rotary casting process, which is based upon the application of highly reactive multiple-part urethanes directly onto a rotating roll core to create a solid roll cover in a matter of minutes. Because it eliminates the need for conventional poured molds and a secondary curing process, rotary cast rolls can be delivered in days instead of weeks, months or more. Further time and cost savings can be realized as rotary casting lends itself to coating the roll without having to first move the bearings from the roll journals. http://Steel.industrysearch.com/cgi-bin/portal2/main.plx?file=14532%2etxt