Sapa signed an agreement with the international flooring solutions company BerryAlloc for the delivery of aluminum skirtings for BerryAlloc’s wet room panels and laminated floor products. Sapa will deliver 37.5 million skirtings from its extrusion plant in Magnor, Norway. Sapa’s first deliveries to BerryAlloc – profiles used in wall coverings for kitchens and bathrooms – left the Magnor […]
The Aluminum Extruders Council (AEC) elected Jeff Henderson to be its next president, effective April 1, 2016. Henderson succeeds Rand Baldwin, who announced his retirement to AEC’s board of directors during the Management Conference last September. Baldwin has been the Council’s President since 2000 and has seen the council through both challenging and exciting times. […]
UACJ Corp., headquartered in Tokyo, Japan, has entered into an agreement to acquire all membership interests in Michigan-based SRS Industries, LLC, operating as Whitehall Industries, for US$155 million on a cash and debt free basis. Whitehall Industries manufactures and sells automotive aluminum extrusion structural materials and various aluminum components, primarily in the U.S. and Mexico. Once the […]
China Zhongwang Holdings Ltd. announced plans to spin off its industrial aluminum extrusion business through an asset swap with CRED Holding Co., a Chinese property company that is A-share listed on the Shanghai Stock Exchange. As part of the deal, Zhongwang will sell the total equity interests in Liaoning Zhongwang to CRED Holding Co. for 28.2 billion yuan ($4.3 billion), and […]
A new aluminum rolling plant, Emirates Aluminium Rolling (Emiroll), will be built in the Khalifa Industrial Zone Abu Dhabi (KIZAD), Abu Dhabi, UAE, in order to meet surging demand for flat-rolled aluminum products designed for applications in downstream industries across the UAE and GCC countries. The AED 440 million investment is a joint venture between DUBAL Holding (35% stake) […]
The U.S. Department of Commerce (DOC) issued its long-awaited circumvention decision in the Aluminum Extruders Council’s (AEC) petition against China Zhongwang Holdings Ltd. The AEC alleges that the company has systematically and illegally evaded duties on aluminum extrusions imported into the United States. The DOC concluded that “based on the information provided by Petitioner, the Department finds […]
The welding industry will face a shortage of 290,000 operators by 2020, primarily due to the aging population of current welders and a skills gap of qualified employees to fill open positions. In order to meet the rising demand for skilled welders, Tooling U-SME partnered with Lincoln Electric to released a series of online welding […]
The Aluminum Association reported that a group of leading U.S. manufacturing associations announced the formation of a new coalition, Manufacturers for Trade Enforcement, to oppose China’s designation as a market economy at the end of 2016. China has claimed that it should be automatically accorded treatment as if it were a market economy after the […]
