Friday, August 06, 1999
INDUSTRY NOTES: MANUFACTURING
Gallatin Steel tops production
Gallatin Steel, a maker of flat-rolled steel in Gallatin County, Ky., achieved record production in the second quarter ending in June.
The plant produced 327,547 tons of steel in the period, surpassing the old record of 298,959 tons produced in the first quarter. Gallatin has 350 employees.
Shipments in the second quarter were also a record, 334,018 tons. That is up more than 9 percent from the 305,676 tons shipped in the first quarter, the company said.
Gallatin, a joint venture of Canadian steelmakers Dofasco and Co-Steel, also recently unveiled a web site, www.GallatinSteel.com, providing information for customers, employees and the public.
Merger deal unites mechanical contractors
Cincinnati's Teepe River City Mechanical has merged with J.A. Croson Co. in Columbus to create Croson-Teepe Mechanical Contractors, one of the largest mechanical contracting firms in the Midwest.
The combined companies both family-owned firms have more than 400 employees, including 320 working on construction projects in Cincinnati, Dayton and Columbus.
David Croson will oversee operations in Columbus, and Scott Teepe will oversee Cincinnati operations. The merged companies have also joined American Plumbing and Mechanical, AMPAM, a national organization which represents nine affiliated companies across the United States. The affiliation will allow Croson-Teepe to expand beyond its Ohio market, officials said.
Buckhorn Inc. wins national recognition
Buckhorn Inc., a manufacturer of reusable plastic packaging systems with plants in Milford and Bluffton, Ind., was one of four small manufacturers recognized at the annual meeting of the National Conference of State Legislatures in Indianapolis.
Buckhorn, with the assistance of the Institute of Advanced Manufacturing Sciences in Bond Hill, managed to cut inventory levels and space requirements, and increase inventory turnover and response times from four to six weeks to one week or less.
Chex Inc. plant now part of subsidiary
The Chex Inc. plant of General Mills at 11301 Mosteller Road in Sharonville has merged into another General Mills subsidiary. It is now known as General Mills Operations Inc. The company said the move won't change its daily operations.
Remanufacturers, overhaulers to meet
Cincom Systems Inc., a Springdale software developer, is sponsoring an industry conference on the remanufacturing and overhaul business in Cincinnati on Sept. 22-23.
The meetings will include industry experts on financial reporting, marketing, logistics and other control systems for the remanufacturing and overhaul marketplace. The sessions, co-sponsored by the nonprofit OEM Product Services Institute and Plant-Wide Research Group, a marketing firm, will be at the Westin Hotel.
Toyota plant starts making V6 engines
Toyota Motor Manufacturing this week marked the start of V6 engine production at its Buffalo, W.Va., engine plant, which employs 482. The engines will power the redesigned Avalon sedan, which is assembled at Toyota's Georgetown, Ky., plant and is to debut next month.
The Buffalo plant, which began assemblying four-cylinder Corolla engines late last year, will have the capacity to produce 300,000 four-cylinder and 200,000 six-cylinder engines annually.
GE breaks ground for plant in China
A joint venture of GE Engine Services this week broke ground for a jet engine overhaul plant in Xiamen, a special economic zone within the Fujian province of the People's Republic of China.
The plant, to open in mid-2001, will be the hub of GE's engine support service for Chinese airlines. General Electric Co. has more than 20 joint ventures or wholly-owned operations in China, employing 6,000.
Structural Dynamics offers student software
Structural Dynamics Research Corp., a Clermont County developer of engineering design software, has joined forces with McGraw-Hill Cos. to publish a student edition of its I-DEAS software.
The student edition will be offered to university faculty and students through university bookstores, along with engineering textbooks. The student edition includes educational copies of I-DEAS solid modeling, drafting and manufacturing software applications, plus on-line tutorials and a rapid-prototyping connection.
Cinergy defends wholesaler cutoffs
Retailers doing best in decade
Dillard's guards McAlpin's sales figures
Kendle stock takes a fall
IPO to test success of Windows alternative
Nike plans shoe line for auto racing fans
Travel agents hit online ticket sales
TRISTATE BUSINESS SUMMARY
INDUSTRY NOTES: MANUFACTURING
PEOPLE ON THE MOVE
TRISTATE MARKET SPOTLIGHT