Newsroom | 8310 results

Sorted by: Latest

Steel
-

IRS Announces 2026 Standard Mileage Rate for Business Use of 72.5 Cents Powered by Motus Cost Data and Analysis

BOSTON--(BUSINESS WIRE)--The Internal Revenue Service (IRS) has released the 2026 standard mileage rate for business use of 72.5 cents. This rate is calculated using data from Motus, the leader in vehicle reimbursement, risk mitigation and productivity solutions for companies whose employees drive for work.1 With data from a broad pool of drivers across diverse industries, locations, and company types, Motus captures and analyzes national vehicle-expense trends, providing data that has underpin...
-

Generational Group Advises KEPCO, Inc. in its Sale to High Performance Metal Finishing

DALLAS--(BUSINESS WIRE)--Generational Group, a leading mergers and acquisitions advisory firm for privately held businesses, is pleased to announce the sale of KEPCO, Inc. to High Performance Metal Finishing. The acquisition closed December 4, 2025. Headquartered in Vicksburg, Michigan, KEPCO, Inc. is a metal-finishing company specializing in electropolishing, passivation, and cleaning of stainless-steel parts, fittings, and vessels. The firm uses a proprietary automated process to deliver cons...
-

U. S. Steel Makes Strategic Progress on Indiana Projects Backed by Nippon Steel Partnership

PITTSBURGH--(BUSINESS WIRE)--At its final meeting of the year, U. S. Steel’s Board of Directors approved the funding for the full $350 million Gary Works blast furnace reline project. Relining Blast Furnace #14 is critical maintenance needed to allow Gary Works to continue to meet customer commitments and ensures the long-term iron making capabilities and capacities at Gary Works. Blast Furnace #14, the largest of four at Gary Works, produces iron for high-strength steel used in everything from...
-

SIFCO Industries, Inc. ("SIFCO") Announces Fourth Quarter and Full Year Fiscal 2025 Financial Results

CLEVELAND--(BUSINESS WIRE)--SIFCO Industries, Inc. (NYSE American: SIF) today announced financial results for its fourth quarter and fiscal 2025, which ended September 30, 2025. Fourth Quarter and Fiscal 2025 Highlights Results for the Fourth Quarter Net sales in the fourth quarter of fiscal 2025 increased 5% to $22.8 million, compared with $21.7 million for the same period in fiscal 2024. Net loss from continuing operations for the fourth quarter of fiscal 2025 was $0.5 million, or $(0.08) per...
-

Path Robotics Announces New Appointments to Board of Directors to Support Accelerated Growth

COLUMBUS, Ohio--(BUSINESS WIRE)--Path Robotics, the global leader in physical AI for manufacturing, announced today the appointment of two industry leaders as independent members of its board of directors: Frank Klein, chief operations officer at Rocket Lab Corporation, and Geoffrey Chatas, senior vice president for operations at Yale University. The appointments reflect Path’s continued momentum and reinforce the company’s mission to integrate physical AI into traditional manufacturing process...
-

Kaiser Aluminum Corporation Announces Appointment of Hugh (Jack) J. Barger, III as EVP – Sales and Marketing

FRANKLIN, Tenn.--(BUSINESS WIRE)--Kaiser Aluminum Corporation (NASDAQ: KALU) (the "Company" or "Kaiser Aluminum") today announced that Hugh (Jack) J. Barger, III has been appointed as the Company's Executive Vice President – Sales and Marketing, effective January 1, 2026. This transition is part of the Company’s succession planning with Mr. Barger assuming the role and responsibilities of Blain A. Tiffany, the Company’s current Executive Vice President – Sales and Marketing in connection with h...
-

Alcoa Schedules Fourth Quarter and Full Year 2025 Earnings Release and Conference Call

PITTSBURGH--(BUSINESS WIRE)--Alcoa Corporation (NYSE: AA; ASX: AAI) plans to announce its fourth quarter and full year 2025 financial results on Thursday, January 22, 2026, after the close of trading on the New York Stock Exchange. Alcoa will host a conference call to discuss the fourth quarter and full year 2025 financial results on January 22, 2026, at 5:00 p.m. EST (January 23, 2026, at 9:00 a.m. AEDT). The call will be webcast live via Alcoa's website, www.alcoa.com. The fourth quarter and...
-

Keel Continues to Invest in Defense Production Capacity with $22 Million Midwest Equipment Purchase and Key Leadership Additions

LADSON, S.C.--(BUSINESS WIRE)--Keel Continues to Invest in Defense Production Capacity with $22 Million Midwest Equipment Purchase and Key Leadership Additions...
-

BZI Innovation Park, LLC Announces Leading Steel Tubing Distributor and Processor, Totten Tubes, Signs Tenant Lease with Nautilus 1 Building

CEDAR CITY, Utah--(BUSINESS WIRE)--BZI Innovation Park, LLC Announces Leading Steel Tubing Distributor and Processor, Totten Tubes, Signs Tenant Lease with Nautilus 1 Building...
-

X-energy, Doosan Enerbility Announce 16-Unit Reservation Agreement and Capacity Expansion to Support 11 GW Pipeline

ROCKVILLE, MD.--(BUSINESS WIRE)--X-energy Reactor Company, LLC (“X-energy”) and Doosan Enerbility Co., Ltd. (“Doosan”) signed a binding Reservation Agreement for the manufacture of Main Power System steel components for 16 Xe-100 small modular reactors (“SMRs”). As part of the agreement, Doosan has committed to the construction of a new SMR fabrication facility to support the execution of X-energy’s 11 GW commercial pipeline, equivalent to 144 advanced reactors. The agreement secures production...