Friday, November 26, 2010

Metal Pricing Update

Current Metal Prices
$1.0844 midwest ingot
$3.69 comex copper
$9.7182 Nickel

Sales of new single-family houses in October 2010 were at a seasonally adjusted rate of 283,000, down 8.1% from September. They are 28.5% below their year ago level.

New Excess Inventory

Hope everyone had a wonderful Thanksgiving!!

Our web site has been updated with all new excess inventory and discounted prices. See the listing at http://almetals.com/EXCESS-INVENTORY.aspx.

Call us at 1.800.968.7730 for more information or you can e-mail us through our web site.

Thursday, November 18, 2010

25 Years of Stellar Success


For Immediate Release

Wixom, Michigan – November 17, 2010 – Finance Manager Jackie Sawle recently celebrated 25-years with Almetals, Inc. In her honor the officers of Almetals and Ms. Sawle’s husband and mother attended a dinner to celebrate her milestone. Ms. Sawle received jewelry and a certificate in recognition for her contribution to the organization’s success.

“Jackie is and always has been an integral part of our team,” says James M. Chain, president of Almetals, Inc. “Her infectious energy, ability to get the job done right the first time, and her willingness to think outside of the box speaks volumes to her character. I am grateful for the opportunity to work with such a dynamic individual and appreciate all of her contributions through the years.”

Sawle has been responsible for the accounting department and currently serves as the manager of finance.

Sawle graduated from South Lyon High School and has been active in her community serving as treasurer of the South Lyon Football Boosters and secretary of the South Lyon Special Stars.

Almetals, Inc. is an award-winning specialty metals slitter and distributor for industries such as stamping, roll forming, and tube producers. Our coil products include: aluminum, brass & copper, clad metals, cold rolled, fin stock and coated and stainless steels. See us at www.almetals.com.

# # #

Monday, November 1, 2010

Gross Domestic Product

Real gross domestic product (GDP) grew at an annual rate of 2.0 percent in the third quarter of 2010, according to today’s advance estimate. This follows a 1.7 percent growth rate in the second quarter.

Brought to you by http://almetals.com/WHAT-WE-DO.aspx. Call 1.800.968.7730 or e-mail: customerservice@almetals.com.