Economy
MSC Joins NASA Buying Group
Written by Tim Triplett
October 15, 2018
Material Sciences Corporation has joined the North American Steel Alliance. MSC becomes the 121st member of NASA, a purchasing cooperative based in Chicago.
MSC provides advanced solutions in metals, metal products and metal processing across a diverse array of end-use markets. Its specialties include electrogalvanizing, continuous coil-coating, laminating, acoustic composites and supply chain management.
“One of the key factors influencing our decision to invest as a member/owner of NASA was the opportunity to engage in meaningful dialogue with so many diverse companies that are part of the industries we serve,” said Michael Noble, MSC Chief Commercial Officer.
Headquartered in Canton, Mich., MSC has operations in Elk Grove Village, Ill.; East Chicago, Ind.; Walbridge, Ohio; Canfield, Ohio; and Toronto, Ontario.
NASA is comprised of 121 independently operated steel service centers throughout the United States and Canada with over 430 distribution and processing facilities. Collectively, NASA represents annual revenues exceeding $9 billion dollars.
Tim Triplett
Read more from Tim TriplettLatest in Economy
US sets Section 232 tariffs on trucks and buses
Medium- and heavy-duty trucks (MHDV) and buses imported to the US will start being charged Section 232 tariffs beginning Nov. 1.
AMU: Consumer auto delinquencies: Warning sign for consumer health?
The Consumer Federation of America estimates rising total auto debt at a staggering $1.66 trillion, along with increasing repossessions and a sharp increase in delinquencies.
Beige Book: Regional market growth remains mostly flat
Economic growth in some US regions in September was offset by challenges in others, causing the market to appear largely unchanged overall, according to the Federal Reserve’s latest Beige Book report.
ISM September survey captures deepening manufacturing gloom
The Institute for Supply Management’s (ISM) latest monthly report on manufacturing reflects a bleak view of American industry in September.
Key industries concerned over government shutdown’s impact on steel, manufacturing
Trade groups cautioned that a prolonged shutdown could strain US industry.