Worthington Steel JV, TWB Company, signs licensing deal with ArcelorMittal

The company states: Worthington Steel announced that its tailor welded blanking joint venture, TWB Company, LLC, has signed a licensing agreement with ArcelorMittal Tailored Blanks for use of its patented ablation technology in the production of hot formed tailored blanks. This technology expands TWB’s hot formed tailored blanking capabilities in North America. Along with this agreement, TWB plans to install a fully automated ablation line at its Monroe, Michigan, facility. TWB plans to install the new fully automated ablation line in its flagship facility in Monroe, Michigan. The 300,000 square foot facility currently produces traditional tailored blanks, tailored aluminum blanks and tailor welded coils. Following the ablation line installation, the company expects to spend 12-15 months undergoing OEM qualifications before beginning full production.”