Nucor to add Air Separation Unit at its South Carolina Sheet and Beam Mill
Nucor Corporation has announced that it will invest $200 million over a 5-year period in mill modernization projects at its Nucor Steel Berkeley division located in Huger, South Carolina. Pending permit and regulatory approvals, a portion of the capital investment will include the construction of a new air separation unit (“ASU”) for the purpose of supplying industrial gases for the mill’s steelmaking operations....
Perc Pineda, Ph.D., returns to Plastics Industry Association as Chief Economist
The Plastics Industry Association (PLASTICS) has announced that Dr. Perc Pineda has returned to fulfill the role of Chief Economist, effective immediately. A member of PLASTICS’ Senior team, Pineda will be an integral part of the association’s ability to continue generating original, scientific and data-driven research for, and on behalf of, the members of PLASTICS. As PLASTICS’ primary expert on economics, statistics, and industry...
Ashley Hood-Morley returns to Plastics Industry Association as Vice President, Industry Engagement
The Plastics Industry Association (PLASTICS) has announced that Ashley Hood-Morley has returned to fulfill the role of Vice President, Industry Engagement, effective immediately. As a member of the Senior team, Ashley will be an integral part of PLASTICS’ growth and engagement. Ashley will lead strategy on membership acquisition and retention as well as oversee industry relationships and programs for PLASTICS stakeholders and key...
Nucor completes acquisition of C.H.I. Overhead Doors
Nucor Corporation has announced that it has completed its acquisition of C.H.I. Overhead Doors (C.H.I.) from KKR & Co. Inc. (NYSE: KKR) for $3.0 billion. C.H.I. is a manufacturer of overhead doors for residential and commercial markets in the United States and Canada. “We are very excited to welcome our C.H.I. teammates to the Nucor team,” said Leon Topalian, President and Chief Executive Officer of Nucor Corporation....
US Cutting Tool orders totaled $175.5 million in April 2022, bringing YTD total 9.1% over 2021
April 2022 U.S. cutting tool consumption totaled $175.5 million, according to the U.S. Cutting Tool Institute (USCTI) and AMT – The Association For Manufacturing Technology. This total, as reported by companies participating in the Cutting Tool Market Report collaboration, was down 10.1% from March’s $196.4 million and up 3.8% when compared with the $170 million reported for April 2021. With a year-to-date total of $700.4 million,...
Fenner™ Precision Polymers relocates corporate offices
Fenner™ Precision Polymers, a Michelin Group Company and world provider in reinforced polymer technology announced the move of its corporate offices. The new location is in Manheim Township, will be at 187 West Airport Road in Lititz, Pa. Approximately 100 of Fenner’s office staff are expected to move into the new offices beginning fall of 2022. Ongoing construction updates will be underway in the space through October. The company...
Nucor announces Executive Vice President MaryEmily Slate to retire, John Hollatz to be promoted
Nucor Corporation announced that MaryEmily Slate, Executive Vice President of Commercial, plans to retire due to health issues on June 11, 2022, after more than 21 years of service with Nucor. Ms. Slate began her career with Nucor in 2000 as District Sales Manager at Nucor Steel Arkansas. She later served as Sales Manager at Nucor Steel Decatur, LLC, and then as Cold Mill Manager. In 2010, Ms. Slate was promoted to General Manager of...
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