Steel Products
Union Partners Acquires Heidtman Research Facility
Written by Sandy Williams
January 2, 2018
Union Partners announced the acquisition of Heidtman Steel’s Automotive Steel Technical Center in Gibraltar, Mich. Union will use the steel testing and research facility to bring new advanced high-strength and ultra-high-strength steels to the marketplace. The acquisition also provides the opportunity for future expansion to over 150,000 square feet at the company’s existing Gibraltar facility.
“One of the biggest motivations for us in starting Union Partners was to identify and support – both financially and operationally – opportunities in the metals industry where innovation is alive and well,” said the company’s founders Chris Hutter and Paul Douglass in a joint statement. “This testing facility deepens our commitment to the next generation of steel products. It also deepens our commitment to our mills and customers as we all work together to understand the vast capabilities of these new materials.”
Union Partners is a full-service metals and logistics holding company with locations throughout North America.
{loadposition reserved_message}
Sandy Williams
Read more from Sandy WilliamsLatest in Steel Products
September energy market update
In this Premium analysis we examine North American oil and natural gas prices, drill rig activity, and crude oil stock levels through September. Trends in energy prices and rig counts serve as leading indicators for oil country tubular goods (OCTG) and line pipe demand.
Market says cutting interest rates will spur stalled domestic plate demand
Market sources say demand for domestic plate refuses to budge despite stagnating prices.
U.S. Steel to halt slab conversion at Granite City Works
U.S. Steel said it plans to reduce slab consumption at its Granite City Works near St. Louis, a company spokesperson said on Monday. The Pittsburgh-based steelmaker will shift the production and processing of steel slabs to its Mon Valley Works near Pittsburgh and its Gary Works near Chicago. Citing a United Steelworkers (USW) union memo, […]
SMU Week in Review: September 1-5
Here are highlights of what’s happened this past week and a few upcoming things to keep an eye on.
HR Futures: Market finds footing on supply-side mechanics
As Labor Day marks the transition into fall, the steel market enters September with a similar sense of change. Supply-side fundamentals are beginning to show signs of restraint: imports are limited, outages loom, and production is capped, setting the stage for a market that feels steady on the surface but still unsettled underneath.