Our take on Wednesday's Fed meeting
The Federal Reserve held rates steady while modestly raising inflation and growth projections, highlighting uncertainty tied to geopolitics and tariffs.
Category: Transportation
Linamar's Welland gigacasting project highlights Tier 1 risk in a weakening EV market
Linamar's Welland gigacasting project illustrates how shifting EV demand and policy changes can expose Tier 1 suppliers to investment timing risk.
Hyundai Translead to build first US trailer plants as duty investigations move forward
Hyundai Translead plans its first US trailer plants as production declines and trade cases on imports and tariffs move forward.
Auto supplier to redevelop former Alabama steel mill site
The facility will make aluminum and plastic components for US automakers.
Steel Dynamics issues Q1'26 guidance, flags aluminum ramp and higher working capital
Steel Dynamics issued first-quarter 2026 guidance, citing higher working capital tied to its aluminum ramp as the segment begins generating EBITDA.
Novelis award highlights broader challenge of recycling automotive aluminum back into sheet
Novelis’ award-winning recycled automotive sheet illustrates a broader industry challenge: returning end-of-life vehicle aluminum scrap back into high-grade sheet production.
Pace expands plant closures, removing die-casting capacity from US network
Pace Industries plans to close two die-casting plants in Muskegon, Michigan, following the news of the planned closure of its Harrison, Arkansas plant, further reducing its US casting footprint.
UPDATE: Novelis restarts casting operations at Greensboro plant after March 1 explosion
Novelis has restarted casting operations at its Greensboro, Georgia, recycling facility after a March 1 explosion temporarily halted production.
Pace closes Harrison die casting plant, removing source of casting capacity and scrap
The closure of Pace Industries' Harrison, Arkansas, die casting plant removes production capacity and a source of aluminum scrap streams typically generated by die casting operations.
Arconic plans $131M casting complex at Davenport Works
Arconic will construct a $131 million aluminum casting complex at its Davenport Works campus in Iowa, expanding ingot capacity with first metal targeted for Q3'27.