Joint venture of Delaco Steel and ArcelorMittal to operate two laser welding plants

June 9, 2010
Dearborn, Mich. – Delaco Steel Corp. has formed a joint venture with a subsidiary of Luxemberg-based steelmaker ArcelorMittal S.A to operate two laser welding plants that primarily serve the automotive industry, according to press reports.

Dearborn, Mich. – Delaco Steel Corp. has formed a joint venture with a subsidiary of Luxemberg-based steelmaker ArcelorMittal S.A to operate two laser welding plants that primarily serve the automotive industry, according to press reports.

The joint venture will be called Delaco AMTB and will be a Minority Business Enterprise. The laser welding plants are in Dearborn and Tonawanda, N.Y. Delaco Steel is part of the Dearborn-based Diez Group, owned by Gerald Diez.

ArcelorMittal's subsidiary ArcelorMittal Tailored Blanks Americas Corp. will own 49 percent of Delaco AMTB and Delaco will retain the other 51 percent. Terms of the deal were not disclosed.

Sponsored Recommendations

March 31, 2025
Enhance your remote sensing capabilities with Chroma's precision-engineered optical filters, designed for applications such as environmental monitoring, geospatial mapping, and...
March 31, 2025
Designed for compatibility with a wide range of systems, Chroma's UV filters are engineered to feature high transmission, superior out-of-band blocking, steep edge transitions...
March 31, 2025
Discover strategies to balance component performance and system design, reducing development time and costs while maximizing efficiency.
March 31, 2025
Filter accessories including cubes, sliders, and rings, designed to enhance the performance and versatility of optical systems. These components ensure precise alignment and stability...

Voice your opinion!

To join the conversation, and become an exclusive member of Laser Focus World, create an account today!