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Universal Stainless signs agreement

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BRIDGEVILLE – Universal Stainless & Alloy Products Inc. said Tuesday it has entered into a long-term agreement with Haynes International, Inc.

Under the agreement, Universal will provide Haynes with vacuum induction melting capacity as well as with forging services on a conversion basis. In turn, Haynes will provide Universal Stainless with technology expertise for producing advanced nickel-based alloys.

Universal Stainless chief executive officer Dennis Oates said the new agreement “advances our plan to leverage the capabilities of our North Jackson facility, namely its VIM melting capacity and radial forge, while enabling us to benefit from Haynes well-established expertise in producing technologically advanced alloys, in line with our plan for North Jackson and for Universal overall.”

He added that for Haynes, access to additional VIM capacity and Universal’s state-of-the-art hot working equipment “will enable them to further execute their strategy to efficiently deliver the highest quality products to their customers.”

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