United Industrial's Detroit Stoker closes Midwest Metallurgical Laboratory Foundry. (Industry News).United Industrial Corp., New York City New York City: see New York, city. New York City City (pop., 2000: 8,008,278), southeastern New York, at the mouth of the Hudson River. The largest city in the U.S. , announced that its energy systems subsidiary, Detroit Stoker Co., is closing its foundry, Midwest Metallurgical Laboratory The Metallurgical Laboratory or "Met Lab" at the University of Chicago was part of the World War II–era Manhattan Project, created by the United States to develop an atomic bomb. , Inc., Marshall, Michigan Marshall is a city located in the U.S. state of Michigan. It is part of the Battle Creek, Michigan Metropolitan Statistical Area. As of the 2000 census, the city population was 7,459. It is the county seat of Calhoun County6. , as part of the firm's plan to outsource castings to lower-cost producers. "This decision will immediately provide significant improvement to Detroit Stoker's operating margins Operating Margin A ratio used to measure a company's pricing strategy and operating efficiency. Calculated by: and profitability, and enhance our competitive position over the long term," said Richard R. Erkeneff, president and chief executive officer of United Industrial. Detroit Stoker Co. supplies stokers and combustion equipment to electric power generation firms across the world. |
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