Arcelor Mittal and The Automotive Industry
In October 2006 Noble International Ltd. a US laser welder and a unit of Arcelor Mittal agreed a merger that came about to strengthen both their positions in the automotive industry.
Arcelor’s ‘TBA’ is a leading European manufacturer of tailored blanks. Its business includes nine plants in Europe, one in the US and a 25% joint venture in China. Nobel is North America’s largest laser welder with laser-welded flat blanks and laser-welded tubular products solutions for the automotive industry. The company operates 12 production facilities in the United States, Canada, Mexico and Australia, and employs more than 2,000 people. Mittal also has significant US operations through its acquisition of International Steel Group.
“This move further strengthens our position with the global automotive industry. Noble will leverage TBA’s strong position in the European market and offer additional benefits for our global automotive customers. We look forward to working with them as privileged partner” said Michel Wurth, Member of the Arcelor Mittal Group Management Board.
The merger is due for completion this coming March. See the new Web TV Episode to be released Monday 19th on Arcelor Mittal’s stake in the Automative Industry.
One comment
-
February 15th, 2007 by avik das
we r really proud with the fact that ur an indian.the world is seeing the determination of we indians .we salute for ur determination, .but i would love to ask can indian graduates can be part of ur empire.
regards
avik
age 17
Add a comment
CONTENT LOCATOR
