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Company News: Alcoa to Buy RTI Metals in $1.5B Stock Transaction | March 9, 2015

Alcoa to Buy RTI Metals in $1.5B Stock Transaction

PITTSBURGH — Alcoa has reached a definitive agreement to purchase RTI International Metals Inc. in a stock-for-stock transaction that has an enterprise value of $1.5 billion. The deal was announced this morning. RTI is a global supplier of titanium and specialty metal products for the commercial aerospace, defense, energy and medical device markets. It operates […]

Company News: Cruze Sales Decline in February | March 3, 2015

Cruze Sales Decline in February

YOUNGSTOWN, Ohio – Sales of General Motors Co.’s Chevrolet Cruze were down 16.2% in February from a year earlier, the automaker reports this morning. Nationwide, 18,301 units of the Lordstown-built model were sold. Of the Big Three American automakers, GM and Fiat Chrysler Automobiles both reported February sales increases, while Ford Motor Co. announced that […]

Company News: Cimbar Completes $2M Expansion at Wellsville | March 2, 2015

Cimbar Completes $2M Expansion at Wellsville

WELLSVILLE, Ohio – Cimbar Performance Minerals, which has a new milling circuit in the Wellsville Intermodal Facility, recently installed another scale to expedite truck loading and reduce drivers’ waiting times, Albert Wilson announced Friday. Wilson is the president and CEO of the mineral processing company based in Cartersville, Ga., that stores and crushes various crude […]