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Esmark on track to acquire former U.S. Steel plant in Serbia

2015-01-12 22:50:27| Steel - Topix.net

Sewickley-based Esmark is the winner of a bid for a Serbian steel works plant once owned by United States Steel Corp. The Serbian government will now negotiate with Esmark and its European firm Esmark Europe BV on the terms of a deal to acquire an 80.1 percent stake in the A1 2elezara Smederevo Steel Works, which includes two blast furnaces, a tin-plate fabrication facility and a processing plant. A purchase price hasn't been announced, although Esmark expects to spend $400 million over five years to upgrade the facility and $28 million right away.

Tags: track steel plant acquire

 

Merck seeks new OK for cancer drug, reorganization on track

2015-01-12 20:17:01| Biotech - Topix.net

Drugmaker Merck & Co. is ratcheting up its race with rival Bristol-Myers Squibb for leadership in the hot new field of immuno-oncology.

Tags: on track drug cancer

 
 

CES 2015: The Eye Tribe Puts OEMs on the Eye Tracking Fast Track

2015-01-12 11:31:08| Industrial Newsroom - All News for Today

Award-winning eye tracking innovator to launch world's first Android Eye Tracking SDK, introduce TV Tracker and showcase LEGO project LAS VEGAS The Eye Tribe, a 2015 CES Innovation Awards winner and leading innovator in OEM eye tracking software solutions, today announced that it is launching the world's first...

Tags: fast track eye ces

 

Despite falling oil and gas prices, Alaska LNG project on track

2015-01-12 06:43:40| Oil & Gas - Topix.net

Collapsing oil prices have delayed at least two North American liquefied natural gas export projects, but they haven't stopped Alaska's massive LNG venture in part because of its size, projected timelines and a partnership involving some of the world's largest companies, officials said. "Our mission hasn't changed, and to my knowledge none of the investing companies are looking to change that at this time either," said Steve Butt, senior manager for Alaska LNG and an Exxon employee.

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China on track for year of US apparel share gains

2015-01-09 13:48:00| Daily apparel & textile news and comment - from just-style.com

For all the claims that US apparel buyers are seeking alternative sources to China amid concerns it is losing its competitiveness, the evidence suggests otherwise.

Tags: year share china track

 

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