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.

SGS Geostat to prepare Iron-T report

Apella Resources (Apella) has commissioned SGS Geostat to prepare an updated NI 43-101 compliant report for the company's Iron-T vanadium, iron, and titanium project at Matagami in Quebec.

Siemens receives wind turbine order

Siemens Energy will supply Minnesota Power’s Bison 1 wind power plant with 15 of its SWT-3.0-101 direct drive wind turbines in Center, North Dakota. The company adjusted their initial order, replacing 33 Siemens SWT-2.3-101 geared wind turbines with 16 SWT-2.3-101 and 15 SWT-3.0-101 direct drive machines.

New CEO for Trinity Steel

William J. Moran has been named president and chief executive officer of Trinity Steel Fabricators, Inc., effective 3 January 2011. Moran’s most recent position was with a private equity firm that specialized in advising on the acquisition and integration of energy service companies.

WISCO developing in Canada and Cameroon

WISCO has signed an agreement with Canadian miner, Adriana Resources Inc. to jointly develop the LacOtelnuk iron ore program in Quebec, Canada. The mine has a total reserve of 6 billion mt of magnetic concentrate with 30% iron content.

Kostelnik elected to Frontier’s board

Frontier Oil Corp. has elected Robert J. Kostelnik to its Board of Directors. Currently, Kostelnik serves as President and CEO of Cinatra Clean Technologies, Inc.

SCE signs 21 contracts

Southern California Edison (SCE) has signed 21 contracts as part of their 2010 Renewables Standard Contracts Request for Offers. The contracts include nearly 259MW of power.

Marcogliese to retire from Valero

Rich Marcogliese, Valero Energy Corp.’s Executive Vice President and Chief Operating Officer will retire at the end of 2010. Marcogliese left Exxon and joined the Valero team in 2000.

Brazil to increase presence in iron ore market

Brazil will increase its share of the seaborne iron ore market from 2011 onwards as Vale SA increases its fleet of large iron ore carriers.

Caterpillar to buyout Bucyrus

Caterpillar plans to buyout Bucyrus International, a manufacturer of surface mining equipment, for USD 7.6 billion.

Bradley new president and CEO

Regency Energy Partners LP has appointed Michael J. Bradley as president and chief executive officer effective 22 November 2010.