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

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

- Type: Contract
- Announced: 2024-03-13
- Where: Monroe, Michigan, United States
- Status: announced
- Products: hot formed tailored blanks, ablation technology
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md), [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

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

## Sources

- [businesswire.com](https://www.businesswire.com/news/home/20240313232277/en/Worthington-Steel-Joint-Venture-TWB-Company-Signs-Licensing-Agreement-with-ArcelorMittal-Tailored-Blanks-for-Patented-Ablation-Technology), 2024-03-13: "We're excited to be one of two companies in North America to offer ablation technology and hot formed tailored blanks to our customers."

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