Applied Industrial Technologies to Acquire Suministros Industriales Enol, S.A. de C.V. (14412)
CLEVELAND, May 14 /PRNewswire-FirstCall/ -- Applied Industrial Technologies (NYSE:AIT) today announced it has reached an agreement in principle to acquire Suministros Industriales Enol, S.A. de C.V. and its group of companies. The transaction is expected to close on or before May 30, 2008. Terms were not disclosed.

Hosting.Com Becomes LG&E’s First Green Energy Champion. More than 1,500 tons of Carbon Emissions Will Be Offset Annually (14400)
(LOUISVILLE, Ky.) Louisville Gas and Electric Company has announced that Hosting.Com is LG&E’s first “Green Energy Champion,” offsetting more than 1,500 tons of carbon emissions annually.

Steel Dynamics/OmniSource to Acquire Recycle South (14396)
FORT WAYNE, Ind., May 8 /PRNewswire-FirstCall/ -- Steel Dynamics, Inc. (NASDAQ:STLD) today announced that OmniSource Corporation, a wholly-owned subsidiary of Steel Dynamics, and Recycle South, LLC have executed a definitive agreement whereby OmniSource will acquire the remaining equity interests in Recycle South, one of the largest regional scrap metal recycling companies in the nation. Recycle South was formed in August 2007 by the merger of Carolinas Recycling Group and Atlantic Scrap and Processing. The company is headquartered in Spartanburg, South Carolina.

TransDigm Announces Completion of the Acquisition of CEF Industries (14395)
CLEVELAND, Ohio TransDigm Group Incorporated (NYSE: TDG) has completed the purchase of the outstanding common stock of CEF Industries ("CEF") for approximately $83 million in cash pursuant to the previously announced Stock Purchase Agreement among TransDigm Inc., CEF and the stockholders of CEF. CEF is located in Addison, Illinois and has been a supplier of proprietary, highly engineered components to the defense and commercial aerospace industries for many years. The company has annual revenue of over $30 million and employs approximately 130 employees.

AMT Machine Systems, Located in Columbus Awarded a $949,725 for the Development, Manufacture, and Distribution of its CyberNet System (14356)
AMT Machine Systems, LTD, located in Columbus (Franklin County), has been awarded a $949,725 Innovation Ohio Loan Fund loan at an interest rate of five and one quarter percent for a five year term. AMT is a growth-stage developer and manufacturer of "simplified embedded robotic" components and systems for the $28 billion automation industry.

GE Training Hundreds of Jet Engine Technicians from Chinese Airlines (14346)
EVENDALE, Ohio -- With hundreds of GE and CFM International jet engines being delivered to Chinese airlines and cargo companies, GE Aviation is training a growing number of technicians from Chinese operators of these dramatically expanding fleets.

AK Steel Announces Price Increase For Carbon Steel Products (14344)
West Chester, OH, — AK Steel (NYSE: AKS) said today that it will increase spot market prices for its carbon steel products by $50 per ton for all new orders, effective immediately. AK Steel said that the price increase is in response to increased demand for carbon steel products, as well as the need to recover unprecedented increases in steelmaking inputs.

PSC to Issue Decision Friday in Kentucky-American Water Treatment Plant and Pipeline Case (14331)
The Kentucky Public Service Commission’s (PSC) decision in case 2007-00134, the application of Kentucky-American Water Co. to construct a new water treatment plant on the Kentucky River in Owen County and to build a pipeline from the plant to connect to the company’s system in Fayette County, will be issued at 10 a.m. on Friday, April 25.

Steel Dynamics Reports Record Sales and Earnings for First Quarter 2008 (14327)
FORT WAYNE, INDIANA, – Steel Dynamics, Inc. (NASDAQ-GS: STLD) announced first quarter 2008 net income of $143 million, or $0.72 per diluted share, reflecting the company’s recent two-for-one stock split ($1.44 per diluted share on a pre-split basis). Net income increased 40 percent and net sales more than doubled to $1.9 billion, compared to the first quarter of 2007. Comparing first quarter 2008 results to the fourth quarter of 2007, net income grew 46 percent and net sales increased 31 percent. First quarter 2008 results benefit from the company’s acquisitions of The Techs (July 2007) and OmniSource Corporation (October 2007). All per-share figures reflect the company’s two-for-one-stock split effective on March 19, 2008.

R&M Materials Handling Inc. Introduces the LoadMate Electric Chain Hoist for Wind Turbine Applications (14324)
SPRINGFIELD OH, The LoadMate® Electric Chain Hoist by R&M Materials Handling Inc. is a compact, versatile, and cost-effective electric chain hoist. With load capacities from 1/8 to 1 ton, a lifting height up to 262 feet, and a wide range of lifting speeds and power supplies, the LoadMate® is ideal for wind turbine applications. The LoadMate® is a compact electric chain hoist that can be installed inside the wind turbine nacelle to assist with standard maintenance activities, including change-outs and repairs of generators, high-speed gears, yaw and pitch motors, etc.