05
Jul
18:15
AK Steel acquires stamper for $360 million
AK Steel is buying automotive stamper Ontario-based Precision Partners for $360 million, Kallanish understands.
Precision operates facilities in Ontario, Alabama and Kentucky.
"The acquisition of Precision Partners underscores AK Steel's commitment to expand our portfolio of high-value products and processes," says ceo Roger Newport. "Precision Partners has a highly experienced leadership team and is an innovator in the markets they serve. …
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Very good overview of the weekly steel market.
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