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Company News

In this section you can find updates from suppliers, manufacturers, fabricators and stockists of stainless steel material. This company news section is updated regularly with the latest company news from within the global stainless steel world community. If you wish to include your newsrelease on our website Stainless Steel World Americas and email newsletter, please feel free to contact us.

Sandvik will acquire CNC Software Inc.

Sandvik signed to acquire U.S.-based CNC Software Inc.

Sandvik to acquire premium solid round tools company

Sandvik has signed an agreement to acquire 67% of Chuzhou Yongpu Carbide Tools Co., Ltd, a premium solid round tools company, with a call option to buy the remaining part in three years’ time.

Lebronze Alloys appoints Alexandra Dumont as first COO

Lebronze Alloys recently announced the appointment of Alexandra Dumont as the first Chief Operating Officer (COO) of the Group. Her main mission is to improve the Group performance by focusing on investments, operational excellence and strategic projects.

Schwanner: a member of the BUTTING Group

Effective July 1st, 2021, Schwanner GmbH became a full member of the BUTTING Group – and all 80 employees joined the BUTTING family.

Xiris Automation hires new Vice President of Sales

Xiris Automation recently announced that they have hired Mr. Lyle Moroz as their new Vice President of Sales. With a technical background in mechanical engineering and business, Lyle has a rich history of leading sales teams to provide leading edge technology solutions to customers across various industries.

Sandvik to acquire CAM software company Cambrio

Sandvik has signed an agreement with Battery Ventures to acquire U.S.-based Cambrio, a leading company with an end-to-end portfolio in CAD/CAM software for manufacturing industries like energy, medical, aerospace, automotive, and transportation.

Mill Masters Inc: The hidden gem of the tubing industry

One of the most important things a customer is looking for, aside from a great quality product, is a manufacturer who will stick with them throughout the entire process; even after the installation is complete.

Nippon Steel to research CO2 ship transportation

Nippon Steel Corporation, Japan CCS Co., Ltd. (JCCS), Engineering Advancement Association of Japan (ENAA), ITOCHU Corporation, jointly applied as a consortium for "CCUS R&D and Demonstration Related Projects", which was publicly announced by the New Energy and Industrial Technology Development Organization (NEDO), and have been awarded the contract "Research, Development and Demonstration Projects on CO2 Ship Transportation".

Nucor named GM supplier of the year for 3rd time

Nucor Corporation was recognized as a General Motors (GM) Supplier of the Year for the third year in a row during a virtual ceremony.