Steel Mills
Ivan Meltzer Named President of TWB
Written by Sandy Williams
September 12, 2013
Worthington Industries announced that Ivan Meltzer has been named president of TWB Company, a laser welded blanking joint venture with Wuhan Iron and Steel Company. Meltzer will replace interim president and CFO Michael Lowrey, a 15 year veteran of the company, who will continue to serve as executive vice president and CFO.
Meltzer is no stranger to TWB having worked in sales positions at the company from 1995 to 2003. In 2003 he was named chief commercial officer at Kasle Steel and returned to Worthington in 2008 as automotive accounts manager. In 2010 Meltzer was named director of automotive and regional manager.
“Ivan brings a great deal of experience and leadership to TWB,” said Geoff Gilmore, president of Worthington’s Steel Processing business segment and new chairman of the TWB board of directors.”His success in directing and growing our automotive business and his previous experience at TWB has prepared him well for this new role.”
Worthington Steel recently increased its share of TWB to 55 percent after Wuhan Iron and Steel purchased ThyssenKrupp’s 45 percent ownership in the company. TWB is a leading manufacturer of tailor welded products in the NAFTA region and operates seven facilities in North America.
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Mills
Stelco Considering Bid for U.S. Steel: Bloomberg
Canadian steelmaker Stelco Holdings Inc. is now in the mix to purchase U.S. Steel, according to an article in Bloomberg on Thursday, which cited people familiar with the matter.
USS Expects Lower Q3 Earnings, Says UAW Strike Partly To Blame
U.S. Steel expects earnings to drop in the third quarter vs. the prior quarter and the same period a year earlier as the company adjusts production because of the United Auto Workers (UAW) union strike.
SDI to Provide Steel for Mercedes Plant in Alabama
Steel Dynamics Inc. (SDI) and Mercedes-Benz have signed an agreement for the automaker to source 50,000 metric tons of C02-reduced steel for its plant in Tuscaloosa, Ala.
Algoma’s CEO Highlights the Switch to Greener Steelmaking
As the world works to decarbonize and limit greenhouse-gas emissions to reach the goals outlined in the Paris Agreement, many steel companies have joined others in setting their own targets to reach net zero emissions by 2050.
U.S. Steel Idling Granite City ‘B’ Furnace in Response to UAW strike
U.S. Steel said on Monday it plans to temporarily idle blast furnace ‘B’ at its Granite City Works near St. Louis. The Pittsburgh-based steelmaker said it made the move in response to the United Auto Workers (UAW) union strike against “Big Three” automakers Ford, General Motors, and Stellantis. “Following the announcement of UAW strike actions, […]