Supply Chain News

Investment firm acquires Maysteel Industries, deal includes a plant in Monterrey
Wisconsin-based Maysteel Industries LLC has been acquired by Savannah, Georgia-based LJC Investments III LLC, an investment fund of Littlejohn Capital LLC.  Los Angeles-based private equity firm Revolution Capital Group LLC, which purchased Maysteel in 2013, sold the company for an undisclosed pri...
Lear Corporation reports record sales, earnings for first quarter 2017
Lear Corporation, a leading global supplier of automotive seating and electrical systems, reported record sales and earnings for the first quarter 2017.  The company is one of the biggest private employers in Mexico with over 45,000 workers in Mexico and facilities in 19 cities around the country....
Japanese manufacturer Kyoei Steel Ltd. establishes US base in El Paso, Tx
Japanese company Kyoei Steel Ltd., which recently acquired a steel mill located in Vinton, Texas, announced it will establish its production and sales base at this facility. Last week the company hosted a ribbon cutting ceremony attended by CEO Nobuyuki Fukada and Vinton Mayor Manuel Leos, accordin...
Steel Dynamics reports 96% increase in adjusted earnings during first quarter
Steel Dynamics, Inc. announced adjusted earnings before interest, tax, depreciation and amortization (EBITDA) of US$ 421 million during first quarter 2017, an 96% increase compared to the US$ 214 million EBITDA from the same period in 2016. The company reported first quarter 2017 net income of US$ ...
8 Korean companies interested in Coahuila
The Sub-secretary of Economic Development and Competitiveness, Ricardo Schumm Cerda, informed that during the 2017 Seoul Motor Show, out of the 40 companies that participated in the business meetings, 8 were Korean and became interested in investing in Coahuila.  These companies are in the business...

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