Primetals Technologies and Mitsubishi Heavy Industries (MHI) will acquire ABP Induction Systems (ABP), a global manufacturer and servicer of induction furnaces and heating systems. ABP provides state-of-the-art equipment for ferrous and nonferrous metal casting, forging and steelmaking. Its main products are induction melting, holding and pouring furnaces as well as induction heaters. MHI and Primetals Technologies will jointly take ABP’s shares, and future business activities will be conducted in close cooperation with and under the leadership of Primetals Technologies.
Solar Atmospheres hosted 28 high-school students enrolled in the Summer Engineering Institute (SEI) at Lehigh University on July 11. The group also included a few members of Lehigh University undergraduate students and staff. The SEI program is a two-week residential program, running two sessions back to back. Students are nominated by faculty of local high schools, and the program specifically targets under-represented groups including girls, first-generation students and students who might otherwise have limited opportunities to study in the fields of science, technology, engineering and math (STEM).
Sintavia LLC, an independent metal additive manufacturer, acquired QC Laboratories Inc. (QC Labs), a nondestructive testing (NDT) services company based in Hollywood, Fla. The acquisition enhances Sintavia’s NDT capabilities for commercial aerospace applications, particularly with respect to surface-finish conformance testing. QC Labs specializes in radiographic (X-ray and gamma), fluorescent-penetrant, ultrasonic, magnetic-particle and eddy-current inspections. The company holds approvals for these processes from Honeywell Aerospace, Lockheed Martin, General Electric, Collins Aerospace, Pratt & Whitney, Cessna, Eaton, Aerojet Rocketdyne and Rolls-Royce.
Sandvik acquired a 30% stake in privately owned Beam IT, a provider of metal additive-manufacturing (AM) services and advanced end-use components. Italy’s Beam IT supplies metal AM end components to demanding industries, including automotive, energy and aerospace, and holds several relevant quality certifications to serve these industries. The company has more than 20 powder-bed-fusion printers installed.
Baker Furnace, a division of Thermal Product Solutions, installed a quench tank for a commercial heat treater as part of its aftermarket services. The company had two quench tanks (one hot water and one cold water) and three drop-bottom furnaces and needed a third quench tank to optimize quench loads per day. The quench tank has three impellers capable of 27,000 GM on a 15,000-gallon tank. This style of agitation allows for thick, large castings to dissipate heat faster.
Thyssenkrupp will build an advanced forging line at its Homburg site in Germany’s Saarland region. The company will invest approximately $90 million in a new 12,000-square-meter facility to produce forged front axles for trucks. The centerpiece of the highly automated and digitized forging line will be a 16,000-ton forging press measuring 32.8 feet (10 meters) high and weighing 1,700 tons. According to thyssenkrupp, the press will produce 360,000 forged components per year and will not be restricted to one product. In addition to front axle systems, the line will be able to produce crankshafts and other forged parts as required.
Aluminerie Alouette, a Quebec-based aluminum producer, received a $15 million investment by the Government of Canada for development projects at its aluminum smelter. The investment will help Alouette, which has an annual production capacity of 600,000 metric tons of primary aluminum, maintain at least 830 jobs and modernize its facilities. Upgrades will include a pot change-out program, converting anode baking furnaces to natural gas, use of automated production vehicles and integration of Industry 4.0 concepts.
Liberty Steel, part of Sanjeev Gupta’s global GFG Alliance, completed the acquisition of seven major steelworks and five service centers across seven European countries from ArcelorMittal. The seven sites employ over 14,000 people and include the major integrated steelworks at Ostrava in the Czech Republic and Galati in Romania as well as rolling mills at Skopje (North Macedonia), Piombino (Italy), Dudelange (Luxembourg) and two plants near Liege in Belgium. The service centers are based in France and Italy.
Lockheed Martin will invest $142 million in its Camden facility in Arkansas. The investment, which will add 326 new jobs by 2024, supports new construction and improves on existing facilities for products, new machinery and equipment. According to Lockheed Martin, the Camden facility is a highly efficient center of excellence that contributes components and performs final assembly for products that are important to the defense of the U.S. and a growing number of allied nations.