Arcelor Mittal, Noble to Combine Laser Businesses

December 2006
Metal Center News;Dec2006, Vol. 46 Issue 13, p74
Trade Publication
The article informs that Arcelor Mittal and Noble International Ltd. have promised to combine their laser-welded tailored blanks businesses. Arcelor Mittal, by the close of the transaction in 2007, is expected to become the largest stockholder of Nobel, which is the largest laser welder of North America with laser-welded flat blanks and laser-welded tubular products solutions for the automotive industry.


Related Articles

  • Arcelor Mittal and Noble International to Combine Laser Welding Activities.  // Welding Journal;Jan2007, Vol. 86 Issue 1, p12 

    The article reports on the agreement between Arcelor Mittal and Noble International Ltd. to combine their laser-welded tailored blank businesses. Under the deal Arcelor Mittal will receive approximately $300 million in a combination of cash and shares of Noble common stock and will own about 40...

  • ArcelorMittal Purchases European Laser Welded Blank Operations.  // Welding Journal;Sep2009, Vol. 88 Issue 9, p14 

    The article reports on the acquisition of outstanding shares of the laser welded blank operations of manufacturer Noble European Holdings B.V. (Noble BV) by steel company Arcelor Mittal in Europe under the parent company of Noble International Ltd. It notes that the definitive purchase agreement...

  • Noble Signs Agreement with Arcelor Mittal.  // Welding Journal;May2007, Vol. 86 Issue 5, p9 

    The article reports that Warren, Michigan-based Noble International Ltd. has acquired Arcelor Mittal's laser-welding operations called TBA Arcelor, paying Arcelor with stocks, cash, debt assumption and a subordinated note. Noble and Arcelor has also launched a shared services and steel supply...

  • Finalist: Noble International Ltd. Snavely, Brent // Crain's Detroit Business;3/24/2008, Vol. 24 Issue 12, p14 

    The article focuses on Troy, Michigan-based Noble International Ltd. which has experienced rapid growth in 2006 and 2007 because of two strategic acquisitions. As reported, the company may elect to buy long-term stability by turning over control to the world's largest steel company. In August...

  • TREAD WITH CAUTION.  // Finweek;4/17/2008, p44 

    The article lists opportunities and risk by mining company ArcelorMittal SA.

  • Noble Enters Advanced Development Agreement with General Motors.  // Welding Journal;Sep2006, Vol. 85 Issue 9, p4 

    The article reports that Noble International Ltd. in Warren, Michigan has entered into an advanced development agreement with General Motors Corp. (GM) on body structures for future automobile programs. Noble will work with GM to design structural systems that will improve automobile...

  • Noble swaps 40% stake for Arcelor Mittal unit in $300M merger deal. Snavely, Brent // Crain's Detroit Business;3/19/2007, Vol. 23 Issue 12, p4 

    The article reports that Noble International Ltd. has signed a share purchase agreement that would give Arcelor Mittal, the world's largest steel producer, a nearly 40 percent stake in Noble in a deal worth about $300 million. Noble, in return, will acquire Tailored Blank Arcelor, a division of...

  • Noble Int'l to be big gun at Warren tank plant. Smith, Jennette // Crain's Detroit Business;02/12/2001, Vol. 17 Issue 7, p3 

    Reports the plans of Noble International Ltd. to occupy at the Warren Tank Plant in Detroit, Michigan. Plans of the company to consolidate metal-forming and processing operations; Division of the company's metal forming business among company-owned buildings; Company background.

  • In Brief…,.  // Welding Design & Fabrication;Aug2006, Vol. 79 Issue 8, p7 

    The article presents several new briefs related to the welding industry in the U.S. Select-Arc Inc. completed an addition to its administrative and laboratory testing facilities at its Fort Loramie, Ohio. Verhoff Machine and Welding Inc. has acquired two sections of the former LG Philips...


Read the Article


Sorry, but this item is not currently available from your library.

Try another library?
Sign out of this library

Other Topics