MacSteel Quanex
Latest News
Quanex Schedules Special Meeting to Approve Merger Agreement
21 February 2008 - Quanex will hold a special meeting for stockholders to approve and adopt the agreement and plan of merger between Quanex and a subsidiary of Gerdau SA.
Gerdau to Acquire MacSteel from Quanex
20 November 2007 - Brazil-based Gerdau Group signs definitive agreement for the acquisition of Quanex Corp.’s MacSteel business for US$ 1.458 billion in cash, plus the assumption of debt and certain liabilities.
Quanex Updates Fourth Quarter Guidance
05 November 2007 - Quanex expects to report fiscal 2007 diluted earnings per share from continuing operations in a range of $3.30 to $3.35, driven by flat growth in North American light vehicle builds and a nearly 25% reduction in housing starts.
Quanex Looks to Higher End of Earnings Guidance
26 July 2007 - Quanex expects to report fiscal third quarter 2007 diluted earnings per share from continuing operations in a range of $0.94 to $0.98, including an estimated $0.03 per share non-cash LIFO charge.
Quanex to Review Strategic Alternatives for Building Products Group
17 May 2007 - Quanex’s Board of Directors has initiated a review of strategic alternatives for its Building Products group, which consists of Engineered Products and Aluminum Sheet Products.
Quanex Elects New Member for its Board
13 December 2006 -
Quanex Elects New Member for its Board
13 December 2006 -
Quanex Announces Retirement of Building Products President
12 December 2006 -
Quanex Announces Retirement of Building Products President
12 December 2006 -
Quanex Reports Record Fiscal 2006 Sales
08 December 2006 -
Quanex Reports Record Fiscal 2006 Sales
08 December 2006 -
Quanex Reports Fiscal 3rd Quarter Results
25 August 2006 -
Quanex Reports Fiscal 3rd Quarter Results
25 August 2006 -
Quanex to Add Quench & Temper Line to MacSteel Processing Facility
12 January 2006 -
Quanex to Add Quench & Temper Line to MacSteel Processing Facility
12 January 2006 -
Macsteel Service Centers Acquires Alpha Processing
05 October 2005 - Macsteel Service Centers USA, Inc., announced today that it is expanding its heavy gauge steel processing capabilities by acquiring the business and assets of Alpha Processing, Inc. (API), located in Chicago, Ill. Terms of the purchase were not disclosed.
Quanex Reports Fiscal 3rd Quarter Results
26 August 2005 - Quanex Corp. reported record income from continuing operations of $45.0 million on record net sales of $98.8 million for the fiscal third quarter. Diluted earnings per share from continuing operations were $1.71, a third quarter record and more than double year ago quarterly results of $0.82.
Quanex Updates Third Quarter Outlook
22 July 2005 - Quanex Corp. announced that it expects to report record fiscal third quarter diluted earnings per share from continuing operations when results are announced on August 25, 2005.
Core Furnace Systems to Supply STC Furnaces for MacSteel
14 July 2005 - MacSteel recently contracted Core Furnace Systems Corp. for the turnkey supply of two STC (Short Time Cycle) furnaces at the company’s Monroe, Mich., facility.
Techint Goodfellow Starts up EFSOP Systems at MacSteel Arkansas
01 June 2005 - Techint Goodfellow Technologies Inc. (TGTI) and MacSteel Arkansas recently announced the successful commissioning of two Goodfellow EFSOP Systems at MacSteel’s Fort Smith, Ark., plant.
