Entries by aciwpadmin

China’s Poison Air Is Becoming Its Leading Export

Bloomberg By William Pesek March 22 (Bloomberg) — Sitting on a Tokyo runway last week, the captain announced that our flight would be delayed for reasons few of us could believe: sandstorms. Chuckles filled the aircraft. The woman next to me quipped: “What, are we in Egypt?” As we all craned our necks to look […]

Iron Ore Unlikely to Rebound as China Slows, Shale-Inland Says

Bloomberg News By Joe Richter Iron-ore prices, down 25 percent this year, probably won’t rebound as the economy slows in China, the world’s biggest importer and steelmaker, according to Shale- Inland Holdings LLC. Prices for steel, which have dropped 10 percent in 2012, also won’t recover, said Craig Bouchard, the chief executive officer of Shale-Inland, […]

Jobs Engine Sputters Again in April

Weak Employment Data Put Pressure on Obama’s Pitch of Economic Rebound Wall Street Journal By CONOR DOUGHERTY, BEN CASSELMAN, and LAURA MECKLER U.S. job growth slowed in April, spooking markets and giving President Barack Obama a tougher sell as he tries to convince voters that the economy is on the mend. The disappointing jobs report […]

Shale-Inland Announces Completion of Industrial Pipe, Valves and Fittings Acquisition

iStockAnalyst CHICAGO, March 27, 2012 /PRNewswire-Asia/ — Shale-Inland Holdings, LLC today announced the completion of its acquisition of the Industrial Pipe, Valves and Fittings business (“IPVF”) of HD Supply, Inc. IPVF is comprised of several businesses including Southwest Stainless and Alloy, J&J Alloys, Sunbelt Supply Co. and Metals Inc., collectively one of the nation’s largest […]

Behind the Deal: HD Supply & Shale-Inland Divestments Behind, HD Supply Plans to Focus on Core ‘Leadership Platforms’

HD Supply recently announced it would sell its Industrial PVF division to Shale-Inland Holdings. This article looks at the impact of the deal on both companies and what’s next for HD Supply. Modern Distribution Management VOL. 42, NO. 6 By Jenel Stelton-Holtmeier The decision to sell off the industrial PVF division of HD Supply was […]

Two-step Shale-Inland Deal Moves it Further into Energy Sector

AMM By Jo Isenberg-O’Loughlin NEW YORK — Shale-Inland LLC announced a pair of actions Monday that will put it on firmer footing in the energy sector. The moves by the Chicago-based company, established a year-and-a-half ago to capitalize on what its founders saw as a coming “renaissance” in North American manufacturing, will culminate in combining […]

Esmark Founder Bouchard Said to Agree to Buy HD Supply Unit

Bloomberg News By Sonja Elmquist & Zachary R. Mider Craig Bouchard, co-founder of steelmaker Esmark Inc., is close to announcing a deal to buy HD Supply Inc.’s pipe and valve distribution unit for about $500 million, said people with knowledge of the matter. Bouchard plans to combine the business with his steel distributor, Shale-Inland, said […]

Shale-Inland, 3M Launch Laser Tape Line

AMM NEW YORK – Shale-Inland LLC and 3M Co. have launched a family of protective laser tapes for the metal fabrication market. Unlike traditional tapes, “the unique combination of film and adhesive in (the product) helps prevent ballooning, edge shredding and other problems associated with laser cutting,” the companies said Monday.