FirstEnergy Corp. must address more Davis-Besse repairs than anticipated
The electric company will be performing repair work on several control rod nozzles that penetrate the reactor head vessel at the nuclear plant, which was closed for two years last decade because of a...
9:28 am March 15, 2010
Babcock & Wilcox unit agrees to buy parts of GE Energy division
B&W's Power Generation Group plans to acquire GE Energy's electrostatic precipitator and emissions monitoring business units.
1:36 pm March 15, 2010
Sifco Industries taps current executive for chief operating officer post
Promoted to the No. 2 management position is James Woidke, head of the company's Aerospace Component Manufacturing Group.
1:10 pm March 15, 2010
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GE eyes a good first impression
At Nela Park in East Cleveland, General Electric Co.
4:30 am March 15, 2010
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Hugo Boss unswayed by Oscars boycott, still plans to close Cleveland plant
Though few stars were seen in Hugo Boss tuxedos at the Academy Awards, the company isn't budging from its decision to close the local plant, which will cost 375 Cleveland-area residents their jobs.
2:06 pm March 12, 2010
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Cliffs Natural Resources prices $400 million notes offering
The mining and natural resources company plans to use net proceeds for general corporate purposes, which could include funding capital expenditures, reducing debt or paying for 'other strategic...
2:24 pm March 11, 2010
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OM Group Inc. secures $250 million revolving loan
The new credit facility for the maker of industrial chemicals and materials is led by PNC Bank.
9:21 am March 10, 2010
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Babcock & Wilcox unit forms joint venture in India
The company's Power Generation Group in Barberton is teaming with Thermax Ltd. to build boilers and pulverizers for the Indian utility market.
9:27 am March 10, 2010
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Cliffs Natural Resources adds Ferro Corp. CEO to board
James F. Kirsch, who heads specialty chemicals maker Ferro, has been elected a director at Cliffs, a producer of iron ore and coal.
9:17 am March 10, 2010
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Parker Hannifin secures more work from Rolls-Royce for Airbus A350 engine
The maker of motion and control equipment will provide heat management valves for the Rolls-Royce Trent XWB engine program.
10:35 am March 9, 2010
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Park-Ohio Holdings posts fourth-quarter profit, announces revised credit agreement
The profit in the latest fourth quarter compares to a big loss in the year-earlier period, when Park-Ohio took large impairment charges.
8:55 am March 9, 2010
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Plastics firms play chess in recession
Mergers and acquisitions are not the hot topic they once were, but in Northeast Ohio's plastics industry, they're a chief tool for companies to enter new markets, gain customers and expand capacity.
4:30 am March 8, 2010
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