Manufacturer Leggett & Platt received $300 million in cash in the sale of its Aluminum Products segment, a divesture it has been planning since November 2007.
Private equity fund Monomoy Capital Partners LP added to its growing portfolio of metalcasters by acquiring the assets and operations of Kurdziel Industries Inc.
Alabama Gov. Bob Riley has established the Alabama Iron & Steel Council to promote expansion of the state's heavy metals industry, including large iron pipe casting.