Steel Companies Start Laser Welding Joint Venture
Under a planned joint venture agreement, Olympic Steel Inc. of Cleveland and USX-US Steel Group of Pittsburgh will form a new laser welding business that will process laser-welded sheet steel blanks. Plans for the new entity, named Olympic Laser Processing, include the construction of a facility and the purchase of two laser welding lines. Each company will own 50 percent of the joint venture, with Olympic managing the operations and USX-US Steel marketing the welded laser blanks. Use of the technology has increased in the automotive industry because it adds less weight to the auto body than standard welding techniques.
MORE FROM PHOTONICS MEDIA