Steel

Christine Lagarde: Unlocking the power of ideas

Retrieved on: 
Tuesday, April 23, 2024
CHIPS, Reproduction, International Energy Agency, Friends, Face, Learning, Theodore Roosevelt, CIT, The New York Times, Printing, History, Pleasure, Commerce Clause, Frankfurt, Artificial intelligence, Commerce, Wine, Congo, European Commission, Rail transport by country, USD, Inflation, Courage, Speech, Congress, Liberty, Hidden champions, ECB, Gibbons v. Ogden, Shock, Diffusion, Observation, Communication, International Monetary Fund, Ambition, GDP, Coal, IEA, McKinsey & Company, Electricity, EDS, European University Institute, Public policy, CHIPS and Science Act, Research, News, AI, EMU, Competition (economics), Robotics, Oxford University Press, Single market, Machine learning, Book, Australian Strategic Policy Institute, Solow–Swan model, European Central Bank, Democratic republic, Brain, Growth, Brookings Institution, European Council, Supreme, Steel, Natural Resources, Society, University of Chicago Press, Literacy, Necessary, Life, Diplomacy, Heart, Optimism, Economic growth, European Investment Fund, Renewable energy

Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.

Key Points: 
  • Since 2022 rising housing costs have, on average, largely been offset by growth in household income, leading to stable housing cost to household income ratios.
  • The housing cost burden has, however, increased slightly for both renter and mortgage households at the upper end of the income distribution.

EQS-News: TÜV SÜD awards Nordex Group with DIBt type approval for 179-metre hybrid tower developed in-house for the N175/6.X turbine

Retrieved on: 
Wednesday, April 10, 2024
Steel, WindEurope, Wind, Safety, Dibutyltryptamine, Guideline, Renewable energy

The development of the N175/6.X, the latest Nordex turbine, and its planned first tower variants is proceeding on schedule.

Key Points: 
  • The development of the N175/6.X, the latest Nordex turbine, and its planned first tower variants is proceeding on schedule.
  • Nordex already obtained at the end of 2023 the first DIBt type approval of the N175/6.X for the 112 metres tubular steel tower from TÜV SÜD.
  • Now TÜV SÜD has issued the type approval for the new hybrid tower of 179 metres developed by Nordex in-house.
  • With a hub height of 168 metres this hybrid tower variant is similar in construction to the 179-metre hybrid tower planned in Germany.

STACK Infrastructure Secures $3.3 Billion in Green Financing

Retrieved on: 
Tuesday, April 9, 2024
Growth, Steel, ESG, Artificial intelligence, STACK, Silicon, Framework, Cloud computing, Water, Renewable energy

DENVER, April 09, 2024 (GLOBE NEWSWIRE) -- STACK Infrastructure (“STACK”), the digital infrastructure partner to the world’s most innovative companies and a leading global developer and operator of data centers, today announced a cumulative fundraise of $3.3 billion in green financing for global data center development.

Key Points: 
  • DENVER, April 09, 2024 (GLOBE NEWSWIRE) -- STACK Infrastructure (“STACK”), the digital infrastructure partner to the world’s most innovative companies and a leading global developer and operator of data centers, today announced a cumulative fundraise of $3.3 billion in green financing for global data center development.
  • Recent successes in green financing have prompted STACK to develop a global Sustainable Financing framework that aligns with both the Green and Social Impact Loan Principles.
  • To date, STACK has secured financing exceeding $11 billion to fund the development of its global portfolio of scalable campuses.
  • To support STACK’s expanding Silicon Valley presence, $1.4 billion has been allocated to develop water and energy-efficient digital infrastructure while simultaneously extending regional investment and employment opportunities.

Peak and CSL Join Forces in Europe as Peak CSL Group

Retrieved on: 
Monday, April 8, 2024
CSL, Canada Steamship Lines, Farm, Growth, Steel, Partnership, Acquisition, Engineering, Renewable energy

BERGEN, Norway and MONTREAL, Canada, April 08, 2024 (GLOBE NEWSWIRE) -- Peak Group (“Peak”) and The CSL Group (“CSL”) are pleased to announce the launch of their new partnership, Peak CSL Group, following CSL’s acquisition of 50% of Peak.

Key Points: 
  • BERGEN, Norway and MONTREAL, Canada, April 08, 2024 (GLOBE NEWSWIRE) -- Peak Group (“Peak”) and The CSL Group (“CSL”) are pleased to announce the launch of their new partnership, Peak CSL Group, following CSL’s acquisition of 50% of Peak.
  • Under the Peak CSL Group banner, the company is positioned to provide an expanded suite of services, particularly catering to the fast-growing offshore renewable energy sector.
  • A cornerstone of the Peak CSL Group philosophy is a proactive stance in driving forward decarbonisation in the shipping industry.
  • “Through the Peak CSL Group, we create a strong alliance, grounded in our strategy for the next coming years.

New victory against mining giant Glencore’s anti-union practices

Retrieved on: 
Thursday, April 4, 2024
FTQ, Tribunal, Glencore, Superior court, Steel, USW, TAT, Light, Raglan Mine

Glencore had eliminated the security service positions after United Steelworkers union members refused the company's proposed collective agreement.

Key Points: 
  • Glencore had eliminated the security service positions after United Steelworkers union members refused the company's proposed collective agreement.
  • We will support our members to the end against anti-union practices," said United Steelworkers Quebec Director Dominic Lemieux.
  • Nicholas Marchand, president of the security officers' local, is delighted with this victory in the long legal saga.
  • "It's awful what Glencore has put us through since 2021, we're happy with this new legal victory.

Former CEOs of JetBlue, Maersk Drilling, and Public Service Enterprise Group (PSEG) join Avina Clean Hydrogen’s distinguished advisory board

Retrieved on: 
Wednesday, April 3, 2024
Hydrogen, Physics, Maersk Drilling, University, AP, BP, Advisory board, U.S. Steel, Electronic, Steel, Independent, Copenhagen Business School, Bachelor of Science, Aviation, Columbia University, Public Service Enterprise Group, Risk intelligence, Robin, MBA, Doctor of Philosophy, JetBlue, CSR, Former, Electrical engineering, Maersk, Engineering, Management

SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.

Key Points: 
  • SHORT HILLS, N.J., April 03, 2024 (GLOBE NEWSWIRE) -- Avina Clean Hydrogen is excited to announce the appointment of three renowned industry leaders to its Advisory Board.
  • Ltd., and Ralph Izzo, Former Chairman and CEO of Public Service Enterprise Group (PSEG), join the existing distinguished panel of advisory board members, bringing valuable expertise and insight to the company's projects in the clean fuels sector.
  • "We are thrilled to welcome our new Advisory Board members," said Vishal Shah, Founder & CEO of Avina Clean Hydrogen.
  • Their expertise will complement our existing prestigious Advisory Board members, enabling us to collaborate effectively in building a world-class company that delivers compelling clean fuel solutions to the market,” said Steven Berkenfeld, Board Member of Avina.

Green Builder Media’s Virtual Sustainability Symposium Is Coming Up ... Reserve Your Spot!

Retrieved on: 
Wednesday, March 27, 2024
Physics, Climate change, RMI (energy organization), Growth, Steel, Symposium, ESG, Politics, Symposium (Plato), Hope, Death, Wind, Nature, Life, Carbon, Outline, Green Builder Media, Trane Technologies, Whirlpool Corporation, Progress, Hydrogen, Apathy, Economics, Renewable energy

The Symposium, which is free to all attendees, will be held virtually over two days from 12:00-3:00 pm ET each day.

Key Points: 
  • The Symposium, which is free to all attendees, will be held virtually over two days from 12:00-3:00 pm ET each day.
  • Green Builder Media's dynamic CEO, Sara Gutterman, unveils the hottest sustainability trends revolutionizing the landscape for building professionals, homeowners, and businesses.
  • (If you want to read more details about the symposium before registering, check out the webpage here. )
  • A heartfelt thank you to Trane Technologies and Whirlpool Corporation for their continued support of our annual Sustainability Symposium, as well as their comprehensive commitment to corporate sustainability.

D.A. Davidson Acts as Exclusive Financial Advisor to Crimson Steel Supply on Its Sale to White Cap

Retrieved on: 
Tuesday, April 9, 2024
Finance, Consulting, Manufacturing, Professional Services, Steel, Erosion, Growth, Partnership, Sale, Investment, Crimson, Multimedia, Financial institution, Financial services

Davidson & Co. announced today that it served as exclusive financial advisor to Crimson Steel Supply (“Crimson”), a portfolio company of Argonaut Private Equity (“Argonaut”), on its sale to White Cap (“White Cap”).

Key Points: 
  • Davidson & Co. announced today that it served as exclusive financial advisor to Crimson Steel Supply (“Crimson”), a portfolio company of Argonaut Private Equity (“Argonaut”), on its sale to White Cap (“White Cap”).
  • Headquartered in Tulsa, Oklahoma, Crimson is a premier value-added distributor and fabricator of engineered steel rebar and structural steel products serving commercial, industrial, and infrastructure end-markets.
  • Davidson Acts as Exclusive Financial Advisor to Crimson Steel Supply on Its Sale to White Cap.
  • We are excited for Crimson’s continued growth and next phase with the White Cap team,” said Steve Mitchell, CEO of Argonaut.

Arcosa, Inc. Announces Completion of Ameron Acquisition

Retrieved on: 
Tuesday, April 9, 2024
Other Transport, Other Manufacturing, Public Transport, Technology, Steel, Engineering, Transport, Telecommunications, Manufacturing, Growth, Weil, Gotshal & Manges, IA Financial Group, Acquisition, Adjustment, GAAP, Lighting, ACA

With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.

Key Points: 
  • With four manufacturing facilities strategically located in Alabama, California, and Oklahoma, Ameron serves its customers with a nationwide presence.
  • For the year ended December 31, 2023, Ameron had revenues of approximately $94 million and Adjusted EBITDA of approximately $20 million.
  • The acquisition was funded with a combination of cash on-hand and $160 million of borrowings from our revolving credit facility.
  • This transaction accelerates the long-term growth profile of our Engineered Structures segment, while underscoring our disciplined acquisition strategy.

Fairbanks Morse Defense Reshaping U.S. Shipbuilding Supply Chain with Strategic Acquisitions

Retrieved on: 
Monday, April 8, 2024
Defense, Government Technology, Public Policy, Government, Logistics, Supply Chain Management, Other Defense, Machinery, Machine Tools, Metalworking & Metallurgy, Other Transport, Other Manufacturing, Steel, Maritime, Engineering, Transport, Chemicals, Plastics, Other Technology, Automotive Manufacturing, Software, Aerospace, Manufacturing, Hardware, Electronic Design Automation, Technology, White House, Federal Government, Retail, CHIPS, National security, CHIPS and Science Act, Acquisition, Naval Supply Systems Command, Ship, Shipbuilding

Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .

Key Points: 
  • Fairbanks Morse Defense is taking steps to bolster the domestic shipbuilding supply chain with acquisitions that ensure a continuous supply of critical components and equipment are available for maritime defense .
  • “ Revitalizing the U.S. shipbuilding industry requires us to adopt a new approach, but we can’t do that if we don’t have control over our national defense supply chain ,” said Fairbanks Morse Defense CEO George Whittier.
  • U.S. shipbuilding has declined since the 1980s when Federal policies supporting a robust American shipbuilding industry were abandoned.
  • Of the six U.S. companies manufacturing large medium-speed diesel engines before 1980, Fairbanks Morse Defense is the only remaining domestic producer.