# TWB Company signs licensing agreement with ArcelorMittal Tailored Blanks for ablation technology

Worthington Steel's joint venture TWB Company has signed a licensing agreement with ArcelorMittal Tailored Blanks for patented ablation technology to produce hot formed tailored blanks. TWB plans to install a fully automated ablation line at its Monroe, Michigan facility.

- Type: Contract
- Announced: 2019-03-06
- Where: Monroe, Michigan, United States
- Status: announced
- Products: hot formed tailored blanks
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Worthington Steel](https://endata.com/companies/37823.md)
- [TWB Company](https://endata.com/companies/37824.md)
- [ArcelorMittal Tailored Blanks](https://endata.com/companies/19722.md) (supplier)

## Sources

- [markets.bostonherald.com](http://markets.bostonherald.com/bostonherald/article/bizwire-2024-3-13-worthington-steel-joint-venture-twb-company-signs-licensing-agreement-with-arcelormittal-tailored-blanks-for-patented-ablation-technology), 2019-03-06: "TWB has signed a licensing agreement with ArcelorMittal Tailored Blanks for use of its patented ablation technology in the production of hot formed tailored blanks."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.