Author Archive | John Downey

New troubles arise for Charlotte-based Babcock & Wilcox Enterprises Inc. as the U.S. Securities & Exchange Commission has opened an investigation into accounting for the company’s troubled Renewable Segment.

The company reported operating losses of $6...

Troubles deepen at Babcock & Wilcox as SEC launches investigation

New troubles arise for Charlotte-based Babcock & Wilcox Enterprises Inc. as the U.S. Securities & Exchange Commission has opened an investigation into accounting for the company’s troubled Renewable Segment. The company reported operating losses of $6… Read more at: Manufacturing News – Manufacturing News Headlines | Bizjournals.com

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Leading up to what could be a pivotal shareholder meeting for Babcock & Wilcox Enterprises Inc., a spurned corporate suitor continues to buy significant stakes of the financially troubled company.

Walter Lichtenstein’s Steel Partners Holdings spent al...

Activist shareholder continues aggressive buys of Babcock & Wilcox stock

Leading up to what could be a pivotal shareholder meeting for Babcock & Wilcox Enterprises Inc., a spurned corporate suitor continues to buy significant stakes of the financially troubled company. Walter Lichtenstein’s Steel Partners Holdings spent al… Read more at: Manufacturing News – Manufacturing News Headlines | Bizjournals.com

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Nucor Corp. CEO John Ferriola is welcoming a U.S. Department of Commerce recommendation for steep steel import tariffs — possibly as high as 53 percent – for a dozen specified countries, including China.

“We are very encouraged by the recommendations ...

Nucor CEO urges Trump to act quickly on new steel tariffs

Nucor Corp. CEO John Ferriola is welcoming a U.S. Department of Commerce recommendation for steep steel import tariffs — possibly as high as 53 percent – for a dozen specified countries, including China. “We are very encouraged by the recommendations … Read more at: Manufacturing News – Manufacturing News Headlines | Bizjournals.com

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The remaining assets of Alevo Manufacturing in Concord have been auctioned off for $5 million, with the apparent winner being a consortium that is building a battery storage production plant in Huron, N.Y.

The 290-worker Concord site closed down sudde...

Alevo assets sold, Concord battery-storage plant to remain closed

The remaining assets of Alevo Manufacturing in Concord have been auctioned off for $5 million, with the apparent winner being a consortium that is building a battery storage production plant in Huron, N.Y. The 290-worker Concord site closed down sudde… Read more at: Manufacturing News – Manufacturing News Headlines | Bizjournals.com

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Nucor Corp. CEO John Ferriola welcomed a U.S. Department of Commerce recommendation Friday for steep steel import tariffs — possibly as high as 53% for a dozen specified countries, including China.

“We are very encouraged by the recommendations (Comme...

Charlotte CEO calls on Trump to act quickly on steel tariffs

Nucor Corp. CEO John Ferriola welcomed a U.S. Department of Commerce recommendation Friday for steep steel import tariffs — possibly as high as 53% for a dozen specified countries, including China. “We are very encouraged by the recommendations (Comme… Read more at: Manufacturing News – Manufacturing News Headlines | Bizjournals.com

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