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PM company to head expanded US enterprise
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PM company to head expanded US enterprise CHARTER Oak Capital Partners has taken Metal Powder Products Co (MPP), based in Westfield, Indiana, into Revere Industries, LLC. The new expanded company, financed through CIBC World Markets Corporation., includes four divisions: MPP, Ross Aluminium, Revere Aluminium, and several operating facilities of Titan Plastics Group. A Elliot Archer, president and CEO of MPP since 1998, has been named president and CEO of Revere Industries, which is owned by Charter
Oaks. Ben James, MPP chief operating officer and vice president, has been named president of the MPP division and vice president of Revere. The new company employs almost 2,000 people and is projecting sales of $350 million in 2006. Corporate headquarters will be located in Indianapolis. MPP has 560 employees in four plants in the US and two plants in Canada and Mexico. For the immediate future, the latter two plants will revert to Charter Oaks. "The combination of these
companies into a single entity provides our expanded company, our customers, our employees, and our suppliers with significant opportunities for growth and added value," Mr Archer says. "Our combined purchasing power, technical expertise, and worldwide manufacturing base, including India and China, will allow us to expand our product offerings to customers. "Similarly, our employees should benefit from the advantages that our significantly expanded workforce will give us in the negotiation
of employee benefits frommour providers. Our suppliers and other strategic partners will have additional opportunities to provide their products and services to the units of the expanded company, which will employ almost 2000 people and will operate manufacturing facilities around the world. “ This organisational move provides an unparalleled opportunity for all of Revere’s stakeholders to benefit from the synergies and increased energy level of the combined companies.”
Quality boosts Alpha New Year and Sintered Metals new standards ALPHA Sintered Metals of Ridgway, Pennsylvania, has gained the ISO/TS 16949 Quality Management System certificate and the ISO 9001:2000 certificate. The certificates were awarded by SRI Quality System Registrar of Pittsburgh. "Their certification shows their automotive customers that Alpha Sintered Metals is committed to being recognised as a long-term supplier of quality goods and services," says Peter Lake, chief executive of SRI. ISO/TS 16949:2002 is an international quality management automotive-sector-specific technical specification based on ISO 9001:2000, QS9000, and other international automotive requirements. The
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MPR January 2006
specification was developed by the International Automotive Task Force and the Japan Automobile Manufacturers Association in conjunction with the international standards community.
Income rockets AUSTRIAN speciality steel maker Böhler Uddeholm followed its record 2004 results with a cracking start to 2005. The first six months of the year saw the former stateowned steel maker drive its income more than twice over 2004 levels. Sales rose from 911.8 million to 1190.8 million, while net income rose from 41.9 million to 88.6 million, a rise of 110 per cent.
THE Metal Powder Industries Federation has begun the New Year with the publication of a new standard to add to its already formidable armoury. The new yardstick Standard #54, Method for Determination of Density of Impermeable Powder Metallurgy (PM) Materials - is only one of 35 standards included in the 2006 edition of the MPIF Standard Test Methods for Metal Powders and Powder Metallurgy Products. More than 50 per cent of the methods in the new edition have been revised from the 2003 edition it replaces. Quality Assurance programmes require that the latest standards are used in the manufacture of metal powder
and powder metallurgy products. The publication contains standards covering terminology and recommended methods of test for metal powders, powder metallurgy and injection moulded parts, metallic filters and powder metallurgy equipment. In addition, the publication includes sources for specialised testing equipment referenced by the standards. MPIF standards are intended to present and clarify PM technology as an aid in conducting business. The Standard Test Methods relates to those activities that concern designers, manufacturers, and users of PM parts. For more information about new publications and pricing go to www.mpif.org
metal-powder.net
PM company to head expanded US enterprise CHARTER Oak Capital Partners has taken Metal Powder Products Co (MPP), based in Westfield, Indiana, into Revere Industries, LLC. The new expanded company, financed through CIBC World Markets Corporation., includes four divisions: MPP, Ross Aluminium, Revere Aluminium, and several operating facilities of Titan Plastics Group. A Elliot Archer, president and CEO of MPP since 1998, has been named president and CEO of Revere Industries, which is owned by Charter
Oaks. Ben James, MPP chief operating officer and vice president, has been named president of the MPP division and vice president of Revere. The new company employs almost 2,000 people and is projecting sales of $350 million in 2006. Corporate headquarters will be located in Indianapolis. MPP has 560 employees in four plants in the US and two plants in Canada and Mexico. For the immediate future, the latter two plants will revert to Charter Oaks. "The combination of these
companies into a single entity provides our expanded company, our customers, our employees, and our suppliers with significant opportunities for growth and added value," Mr Archer says. "Our combined purchasing power, technical expertise, and worldwide manufacturing base, including India and China, will allow us to expand our product offerings to customers. "Similarly, our employees should benefit from the advantages that our significantly expanded workforce will give us in the negotiation
of employee benefits frommour providers. Our suppliers and other strategic partners will have additional opportunities to provide their products and services to the units of the expanded company, which will employ almost 2000 people and will operate manufacturing facilities around the world. “ This organisational move provides an unparalleled opportunity for all of Revere’s stakeholders to benefit from the synergies and increased energy level of the combined companies.”
Quality boosts Alpha New Year and Sintered Metals new standards ALPHA Sintered Metals of Ridgway, Pennsylvania, has gained the ISO/TS 16949 Quality Management System certificate and the ISO 9001:2000 certificate. The certificates were awarded by SRI Quality System Registrar of Pittsburgh. "Their certification shows their automotive customers that Alpha Sintered Metals is committed to being recognised as a long-term supplier of quality goods and services," says Peter Lake, chief executive of SRI. ISO/TS 16949:2002 is an international quality management automotive-sector-specific technical specification based on ISO 9001:2000, QS9000, and other international automotive requirements. The
4
MPR January 2006
specification was developed by the International Automotive Task Force and the Japan Automobile Manufacturers Association in conjunction with the international standards community.
Income rockets AUSTRIAN speciality steel maker Böhler Uddeholm followed its record 2004 results with a cracking start to 2005. The first six months of the year saw the former stateowned steel maker drive its income more than twice over 2004 levels. Sales rose from 911.8 million to 1190.8 million, while net income rose from 41.9 million to 88.6 million, a rise of 110 per cent.
THE Metal Powder Industries Federation has begun the New Year with the publication of a new standard to add to its already formidable armoury. The new yardstick Standard #54, Method for Determination of Density of Impermeable Powder Metallurgy (PM) Materials - is only one of 35 standards included in the 2006 edition of the MPIF Standard Test Methods for Metal Powders and Powder Metallurgy Products. More than 50 per cent of the methods in the new edition have been revised from the 2003 edition it replaces. Quality Assurance programmes require that the latest standards are used in the manufacture of metal powder
and powder metallurgy products. The publication contains standards covering terminology and recommended methods of test for metal powders, powder metallurgy and injection moulded parts, metallic filters and powder metallurgy equipment. In addition, the publication includes sources for specialised testing equipment referenced by the standards. MPIF standards are intended to present and clarify PM technology as an aid in conducting business. The Standard Test Methods relates to those activities that concern designers, manufacturers, and users of PM parts. For more information about new publications and pricing go to www.mpif.org
metal-powder.net