During its fourth quarter and full year 2018 results presentation, Arconic Inc. announced plans to restructure its business into two separate businesses. “As part of [the company’s] strategy and portfolio review, we have determined to separate the portfolio into Engineered Products & Forgings and Global Rolled Products,” said John C. Plant, who was recently named chief […]
Kobe Steel, Ltd. has begun supplying titanium alloy forged material for shafts to IHI Corporation. The forged material certified by IHI will be used in a large commercial jet engine manufactured by General Electric (GE). IHI is one of the joint development partners of the engine. Rotating parts, such as shafts and disks, made of titanium alloy […]
Kobe Steel, Ltd. plans to manufacture and sell aluminum extrusions for the automotive sector in the U.S. in Bowling Green, Kentucky. The facility will operate through a company called Kobelco Aluminum Products & Extrusions Inc. (KPEX) and will manufacture make bumper and frame materials for cars. The $46.7 million investment will include a new integrated […]
