1. Gerdau SA, the largest Brazilian steelmaker, agreed to acquire Quanex Corp.'s vehicular metals unit which makes special bar quality, or SBQ, steel used to make axels and other critical parts of cars, trucks and other vehicles, to secure North American production of steel used in automobile parts and consolidate Gerdau as a global supplier and open new possibilities for growth in the global market.
2. It will pay $1.67 billion at $39.20 a share in cash for the unit after the spinoff of the company's building-products division exceeding the Nov. 16 closing price of $36.74 for Houston-based Quanex.
3. It will expand outside Brazil and target higher-value specialty products. It is expanding operations in the Americas, Asia and Europe to reduce costs and gain leverage with suppliers of scrap metal and energy.
4. It agreed to buy a 49 percent stake in the owner of Mexico's Aceros Corsa SA
5. Its Ameristeel unit in the U.S. acquired Midlothian, Texas-based Chaparrel Steel Co. for $4.22 billion.
[Click here for full story at: BLOOMBERG.COM]
Showing posts with label ENGINEERING. Show all posts
Showing posts with label ENGINEERING. Show all posts
Tuesday, November 20, 2007
Thursday, November 15, 2007
REVENUE STRATEGY - WONSON INTERNATIONAL
1. Wonson International Holdings Ltd., a Hong Kong metals and securities trader, will diversify and buy the Jiangxi Jiangzhou Chinese shipyard for HK$3.5 billion ($449 million), aiming to broaden its revenue base by capitalizing on rising Asian demand for vessels.
2. It will compete with shipyard rivals in South Korea and Japan by
a) expanding its capacity to 250,000 tons by 2010,
b) improving its manufacturing processes and
c) maintaining low costs
[Demand for vessels is rising because of rapid economic development in Asian nations such as China and India]
[Click here for full story at: BLOOMBERG.COM]
2. It will compete with shipyard rivals in South Korea and Japan by
a) expanding its capacity to 250,000 tons by 2010,
b) improving its manufacturing processes and
c) maintaining low costs
[Demand for vessels is rising because of rapid economic development in Asian nations such as China and India]
[Click here for full story at: BLOOMBERG.COM]
Monday, June 11, 2007
REVENUE STRATEGY - DENSO CORP
1. Denso Corp., the world's largest listed auto-parts maker, plans to hire 2,000 engineers by 2010 as its biggest customer, Toyota Motor Corp., increases production of hybrid and other alternative-fuel vehicles. A hybrid vehicle combines a conventional gasoline engine with an electric motor. The motor powers the vehicle at low speeds, and the gasoline engine kicks in as the car gains speed. The motor's battery pack is charged by the gasoline engine and by power regenerated by the brakes.
2. The bulk of growth will be in Japan, where 1,100 new engineers will be hired. This year, Denso plans to hire 110 engineers worldwide.
3. The parts maker needs to increase hiring to sustain profit growth that has outpaced Toyota's over the past three years.
4. It is cooperating with Toyota in the development of different types of hybrid cars including gasoline- ethanol and diesel-bio fuel types
5. It will produce auto-related chips at a new plant in Hokkaido. It will need to build another facility to produce wafers in about five years
6. It will also expand production of diesel engine components to increase market share in Europe, where diesel-powered cars command half the market. It will produce diesel particulate filters in a joint venture with Robert Bosch GmbH in a factory in Eastern Europe.
7. Denso will also release an improved 2,000-bar diesel engine common rail system next year.
Following market trends leads to revenue
[Click here for full story at: BLOOMBERG.COM]
2. The bulk of growth will be in Japan, where 1,100 new engineers will be hired. This year, Denso plans to hire 110 engineers worldwide.
3. The parts maker needs to increase hiring to sustain profit growth that has outpaced Toyota's over the past three years.
4. It is cooperating with Toyota in the development of different types of hybrid cars including gasoline- ethanol and diesel-bio fuel types
5. It will produce auto-related chips at a new plant in Hokkaido. It will need to build another facility to produce wafers in about five years
6. It will also expand production of diesel engine components to increase market share in Europe, where diesel-powered cars command half the market. It will produce diesel particulate filters in a joint venture with Robert Bosch GmbH in a factory in Eastern Europe.
7. Denso will also release an improved 2,000-bar diesel engine common rail system next year.
Following market trends leads to revenue
[Click here for full story at: BLOOMBERG.COM]
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