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Article: Novamerican Steel Announces The Formation Of A Joint Venture With Bethlehem Steel.
- Article from:
- Business Wire
- Article date:
- February 18, 2000
CopyrightCOPYRIGHT 2000 Business Wire. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan. All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)
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Business Editors
MONTREAL--(BUSINESS WIRE)--Feb. 18, 2000
(Nasdaq:TONS)
Bethlehem Steel Corporation and Novamerican Steel today announced the formation of a joint venture to produce steel tubes for use in hydroforming automobile and truck parts.
The joint venture, to be called BethNova Tube, LLC, will build a new state-of-the-art tube manufacturing facility at a still undetermined site. The bulk of tube production at the new facility is to be dedicated to Dana Corporation, a major automotive parts supplier, which is in the process of building a new hydroforming plant near Elizabethtown, Ky.
Hydroforming continues to grow as a ...