TITLE

Consolidation Takes Toll on Processors

AUTHOR(S)
Markham, Dan
PUB. DATE
February 2007
SOURCE
Metal Center News;Feb2007, Vol. 47 Issue 2, p36
SOURCE TYPE
Trade Publication
DOC. TYPE
Article
ABSTRACT
The article reports on the impact of strong merger and acquisition activity among tool producers in the U.S. The heavy consolidations are forcing toll processors to adjust to new mill relationships and find new customers among original equipment manufacturers. This can affect both in terms of the number of potential customers and the processing capabilities of the survivors, as well as can lead to possible mass bankruptcies. INSET: Capital Investment Keeps Processors Competitive.
ACCESSION #
24334264

 

Related Articles

  • Analysts: Pricing, material costs to spur supplier merges. Armstrong, Julie // Crain's Detroit Business;1/10/2005, Vol. 21 Issue 2, p19 

    The article reports that high raw-material prices and pricing pressures from automakers will trigger more consolidation among North American suppliers in 2005, analysts say. James Carter estimates the global number of auto suppliers will drop by one-third to one-half in the next 10 years. But...

  • The Steel Scene. Kimberley, William // Automotive Design & Production;Feb2005, Vol. 117 Issue 2, p18 

    Presents an outlook for the steel industry in 2005 through 2006. Factors that may lead to a global oversupply of steel; Forecast for steel prices; Level of demand from automotive original equipment manufacturers; Consolidation among steel suppliers.

  • Firms could buy ailing partners.  // MEED: Middle East Economic Digest;2/27/2009, Vol. 53 Issue 9, p8 

    The article comments on the role of acquisitions in Middle East in troubled economic times. As per the author, there is a real prospect of international partners pulling out of projects because of their own financial difficulties. Growing protectionist sentiment in the West could stall other...

  • A Bit of History Repeating. Kennedy, Caroline; Schwartz, Meredith // Gifts & Decorative Accessories;Apr2007, Vol. 108 Issue 4, p26 

    The article focuses on the financial difficulties encountered by several gift companies in the U.S. These companies are Enesco Corp. which declares Chapter 11, Silvestri is acquired by another vendor and Pacific Rim enters receivership. It is said that it does not mean a misfortune for the...

  • When a Troubled Firm Is Worth Buying. Turetsky, Howard // Mergers & Acquisitions: The Dealermaker's Journal;Jul2003, Vol. 38 Issue 7, p23 

    Focuses on a report that examined the influence of certain risk dimensions, designated by accounting measurements, on the likelihood of acquisition for the financially distressed firm. Risk factors that are significant in differentiating between the alternative risk outcomes of acquisition and...

  • Bankrupt Bonus closes 239. Howell, Debbie // DSN Retailing Today;8/18/2003, Vol. 42 Issue 16, p1 

    Reports on the decision of Bonus Stores company to file bankruptcy protection and will close 71% of its stores in Mississippi. Guarantee of success of the business; Financial trouble of the company; Acquisition of ownership by other companies; Merger with other corporate entities.

  • An M&A comeback is in the pipeline. Chang, Joseph // ICIS Chemical Business;8/24/2008, Vol. 276 Issue 6, p5 

    The article presents the author's comments on the mergers and acquisitions (M&A) in the chemical industry. The author says that 2008 was a miserable year for chemical M&A, as the financial and economic crisis put the brakes on deal-making as financing dried up and earnings visibility...

  • Industrial Reorganization in U.S. Tire (Rubber) and Steel Industries. Karper, Mark D. // Labor Law Journal;Aug90, Vol. 41 Issue 8, p497 

    The article discusses recent developments in the rubber and steel industries of the United States. For a period of almost 50 years, from 1930-80, the Big Four, Goodyear, Firestone, Uniroyal and Goodrich, dominated the tire market in the U.S. as independent, American-based companies focused on...

  • Steel's Still Waiting for a Turnaround. Petry, Corinna C. // Metal Center News;Spring2003, Vol. 43 Issue 4, p4 

    Focuses on the condition of the steel industry in the U.S. as of 2003. List of the steel manufacturers of the U.S. that went bankrupt or were closed between July 2002 through February 2003; Mergers and acquisitions that took place in the steel industry between January 2000 and February 2003;...

Share

Read the Article

Courtesy of VIRGINIA BEACH PUBLIC LIBRARY AND SYSTEM

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

Try another library?
Sign out of this library

Other Topics