High Capacity Vacuum Lifter Features Hydraulic Powered Tilter (14612)
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.

Middletown Company Set To Add New Product Line, Double Employment (14609)
(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.

Fisher announces nearly $20 million for Wright Projects (14603)
Fisher announces nearly $20 million for Wright Projects

Storage Rack Base Isolation System Wins National Earthquake Mitigation Award (14599)
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.

Conference at Pack Expo To Address “Change, Innovation and Sustainability” (14597)
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.

Fitch Downgrades Chrysler's IDR to 'B-'; Outlook Negative (14594)
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.

Fitch Downgrades General Motors to 'B-', Outlook Negative (14593)
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.

OmniSource Corporation, a Wholly-Owned Subsidiary of Steel Dynamics, and Recycle South, LLC have Executed a Definitive Agreement for OmniSource to Acquire Remaining Equity Interests in Recycle South (14591)
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.

$500,000 Grant to Provide Infrastructure Improvements to Assist Chatham Steel With Planned Expansion (14588)
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.

AXIS™ ERP Empowers Stripco With Real-Time Access to Critical Business and Production Information (14585)
Steel production veteran gains valuable window into corporate data with industry-specific ERP Solution, resulting in improved production, quality control and stable infrastructure.