AR Iron’s Powder Coating Division achieves AAMA 2604 and AAMA 2605 Certification
AR Iron has become one of the only companies in the western US to pass the rigorous testing set forth by the American Architectural Manufacturers Association (AAMA) to offer AAMA 2604 and AAMA 2605-compliant powder coatings to architects, constructors and building owners. AR Iron has been named to Tiger Drylac’s, a prestigious manufacturer of AAMA powder coatings, list of approved AAMA 2604 and AAMA 2605 coating applicators,...
Nucor announces the addition of Nicholas C. Gangestad to the Nucor Board of Directors
Nucor Corporation announced its Board of Directors elected Nicholas C. Gangestad as a director effective September 1, 2023. Mr. Gangestad, 58, currently serves as Senior Vice President and Chief Financial Officer of Rockwell Automation, Inc., the world’s largest company dedicated to industrial automation and digital transformation. Prior to joining Rockwell in 2021, he had a long career with 3M Company, a diversified technology...
Platinum Tooling names new Regional Sales Manager
Platinum Tooling, the exclusive importer of Heimatec live tools and angle heads plus other global brands of precision machine tool accessories, has announced the appointment of Frank Twomey as the company’s Regional Sales Manager. In his new role, he will oversee all activities in eighteen states located in the Northeast, Mid-Atlantic and Southeast Regions of the United States. Company President, Preben Hansen, made the announcement...
US Cutting Tool Orders totaled $190.0 Million in April 2023 which brings Year-to-Date total up 15.2% from 2022
April 2023 U.S. cutting tool consumption totaled $190.0 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 15.8% from March’s $225.6 million and up 7.5% when compared with the $176.7 million reported for April 2022. With a year-to-date total of $809.0 million,...
Nucor announces Guidance for the Second Quarter of 2023 earnings
Nucor Corporation today announced guidance for its second quarter ending July 1, 2023. Nucor expects second quarter earnings to be in the range of $5.45 to $5.55 per diluted share. Nucor reported net earnings of $4.45 per diluted share in the first quarter of 2023 and $9.67 per diluted share in the second quarter of 2022. We expect earnings for the steel mills segment to improve in the second quarter of 2023 as compared to the first...
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