Steel Products
ETI Gives Employees Tax Bonus
Written by Tim Triplett
February 9, 2018
Expanded Technologies, Inc., Marietta, Ga., which specializes in the manufacture of light gage expanded metals, is among the growing number of American companies that is sharing the tax windfall with employees.
“As a result of the Tax Cut and Job Act recently enacted by the Trump administration, we are pleased to announce that ETI will give each of its 77 employees a bonus of $500 cash along with an additional sum for each year of service,” stated an announcement from the company.
{loadposition reserved_message}

Tim Triplett
Read more from Tim TriplettLatest in Steel Products

Worthington Enterprises buys Elgen Manufacturing
Worthington Enterprises acquires HVAC products maker Elgen Manufacturing.

Northwest Pipe changes name to NWPX Infrastructure
Northwest Pipe changes name to NWPX Infrastructure.

Tariffs, ample domestic supply cause importers to shift or cancel HR import orders
Subdued demand is causing importers to cancel hot-rolled (HR) coil orders and renegotiate the terms of shipments currently enroute to the US, importers say. An executive for a large overseas mill said customers might find it difficult to justify making imports buys after US President Donald Trump doubled the 25% Section 232 tariff on imported steel […]

Drilling activity slows in the US, grows in Canada
Oil and gas drilling activity was mixed this week, according to Baker Hughes. US totals slipped for a sixth straight week, while Canada saw a slight bump in activity.

Commerce finds no Korean OCTG shipments below market value
US Department of Commerce (Commerce) review found no South Korean oil country tubular goods (OCTG) exporters or producers sold products below market value