From the fabricator

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Just when you thought we were in a quiet news cycle, Alcoa goes out and buys Traco. Well that spices things up! This is a very interesting deal on many levels. Alcoa, which owns the Kawneer powerhouse, now has added a very prominent piece to their puzzle. This without question makes an already very good company, better, and raises the stakes on the rest of the industry to see who does what next. Plus, it also shows that even though the economy is tight, negotiations are going on and deals are being worked on. The other angle is now Kawneer gets to inherit the home of one of the main people who helped push the NFRC debacle on us. I wonder how that position will be going forward, though the damage from the NFRC side is pretty much done. End of the day though this is a huge deal and maybe the start of many others to follow …