Machine Tools, Metalworking, & Metallurgy News

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Oct 6, 2026 at 4:04 PM

Worthington Steel Reports First Quarter Fiscal 2027 Results

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS), today reported financial results for the fiscal 2027 first quarter ended August 31, 2026....
Oct 6, 2026 at 12:00 PM

Worthington Steel Declares Quarterly Dividend

COLUMBUS, Ohio--(BUSINESS WIRE)--Worthington Steel, Inc. (NYSE: WS) has declared a quarterly dividend payable on December 28, 2026, to shareholders of record on December 14, 2026....
Oct 6, 2026 at 9:00 AM

Reliability Won Acquires IVC Technologies, Expanding into In-Plant Condition Monitoring and Predictive Maintenance Services

LEBANON, Ohio--(BUSINESS WIRE)--Reliability Won acquires IVC Technologies, adds on-site, wireless predictive maintenance services to its existing condition monitoring capabilities....
Oct 6, 2026 at 7:45 AM

USCIS Approves EB-5 Investment Offering for First Solar-Powered Cobalt Processing Facility in U.S.

YUMA, Ariz.--(BUSINESS WIRE)--EVelution Energy LLC ("EVelution Energy" or the “Company”), a U.S. critical minerals company developing America's first commercial-scale, solar-powered cobalt sulfate and cobalt metal processing facility, announced that on September 30, 2026, the United States Citizenship and Immigration Services ("USCIS") approved the project’s EB-5 investment offering, which is expected to support up to approximately US$64.8 million in subordinated project financing. The EB-5 Imm...
Oct 6, 2026 at 7:00 AM

ESAB Corporation Schedules Third Quarter 2026 Earnings Release and Conference Call

NORTH BETHESDA, Md.--(BUSINESS WIRE)--ESAB Corporation Schedules Third Quarter 2026 Earnings Release and Conference Call...
Oct 5, 2026 at 4:15 PM

Cleveland-Cliffs to Host U.S. Secretary of Energy Chris Wright and Other Government Officials at Butler Works to Showcase GOES Expansion Project

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) (“Cliffs”) announced today that it is hosting Chris Wright, U.S. Secretary of Energy; Audrey Robertson, Assistant Secretary of Energy; and William Kimmitt, Under Secretary of Commerce, at its Butler Works facility on Tuesday, October 6, to showcase the Company's previously announced Grain Oriented Electrical Steel (GOES) expansion project. The visit will highlight Cleveland-Cliffs' $200 million investment in Butler Works, supported by...
Oct 5, 2026 at 9:40 AM

Mobix Labs (Nasdaq: MOBX) Acquisition Target SPD to Acquire Winner Water, U.S. Rare Earth Company Backed by $53 Million in Federal Awards

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Special Project Delivery, Inc. (“SPD”) today announced it has entered into a definitive Business Combination Agreement, dated September 30, 2026, with Winner Water Services Inc. (“Winner”), a revenue-generating U.S. rare earth company, under which Winner will join the National Security Matters (NSM) platform SPD is assembling with Mobix Labs, Inc. (Nasdaq: MOBX). Winner, based in Sharon, Pennsylvania, recovers rare earth elements, scandium, and alumina fr...
Oct 5, 2026 at 8:40 AM

U.S. Based Rare Earth Company Winner Water to Join SPD and Mobix Labs (Nasdaq: MOBX) National Security Matters Initiative

NEWPORT BEACH, Calif.--(BUSINESS WIRE)--Special Project Delivery, Inc. (“SPD”) today announced it has entered into a definitive Business Combination Agreement, dated September 30, 2026, with Winner Water Services Inc. (“Winner”), a revenue-generating U.S. rare earth company, under which Winner will join the National Security Matters (NSM) platform SPD is assembling with Mobix Labs, Inc. (Nasdaq: MOBX). SPD is itself party to a definitive agreement with Mobix Labs, announced August 13, 2026, to...
Oct 1, 2026 at 4:15 PM

Cleveland-Cliffs to Announce Third-Quarter 2026 Earnings Results and Host Conference Call on October 19

CLEVELAND--(BUSINESS WIRE)--Cleveland-Cliffs Inc. (NYSE: CLF) will announce third-quarter 2026 earnings results before the U.S. market open on Monday, October 19, 2026.The Company invites interested parties to listen to a live broadcast of a conference call with securities analysts and institutional investors to discuss the results on the same morning, October 19, 2026, at 8:30 am ET. The call can be accessed at www.clevelandcliffs.com and will also be archived and available for replay at that a...
Oct 1, 2026 at 12:08 PM

Westwin Elements’ Micah Sartin Named to 2026 NextGen Under 30 Oklahoma Class

OKLAHOMA CITY--(BUSINESS WIRE)--Westwin Elements’ Chief Development Officer, Micah Sartin, has been selected for the 2026 NextGen Under 30 Oklahoma class. The NextGen Under 30 program recognizes young professionals who demonstrate leadership, innovation and dedication to making a meaningful impact in their careers and communities. Sartin initially joined Westwin Elements as a Vice President, supporting the company’s daily operations before he was promoted to the role of Chief Development Office...
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