Mayville Engineering Company, Inc. (MEC), a leading value-added provider of design, prototyping and manufacturing solutions serving diverse end-markets, signed a definitive agreement to acquire Mid-States Aluminum Corp., a an industry-leading extruder based in Wisconsin, for a total consideration of approximately $96 million (subject to customary adjustments). The acquisition will provide MEC with additional fabrication capabilities, […]
By Praveen Hewage, Alumex PLC, and Craig Werner, Werner Extrusion Solutions LLC. Artificial Intelligence (AI) has the potential to reshape the modern world in profound ways, using computer-based systems to augment human intelligence with capabilities, such as perception, learning, reasoning, problem-solving, and decision-making. AI learns from data and makes decisions based on those learnings. It […]
Airbus and Oerlikon AM have successfully industrialized the additive manufacturing (AM) process for complex serial production of 3D-printed aluminum components. These antenna clusters will be used in communication satellites, which will soon be orbiting the earth. This achievement has resulted in a €3.8 million contract to additively manufacture these satellite components. Advanced technologies like additive manufacturing […]
Hydro plans to build a state-of-the-art aluminum recycling plant in Torija, Spain. The company signed an agreement with a subsidiary of the Pulsar Properties Group to purchase land in the area, where it will invest €130–140 million in the construction of the plant, depending on the final design, market conditions, and macroeconomic developments. “The European […]
Shandong Nanshan Aluminum Co., Ltd. is expanding its aluminum plant in Longkou, Shandong province, China. The company manufactures aluminum sheet for the domestic and international markets. The expansion project will enable the company to grow its presence in the automotive and aerospace markets. As part of its expansion project, Shandong Nanshan ordered a new cold […]
Matalco Inc. completed the construction and startup of its seventh remelt facility, located in Franklin, KY, which will operate under the name Matalco Kentucky LLC. The $65 million investment represents the company’s third new plant project in the last eight years. The new plant will focus on the production of rolling ingot — affirming the […]
Rio Tinto will invest $1.1 billion (C$1.4 billion) to expand its state-of-the-art AP60 aluminum smelter at the Jonquière complex in Quebec, Canada. This expansion will enable Rio Tinto to continue meeting customers’ demand for low-carbon, high-quality aluminum for use in transportation, construction, electrical, and consumer goods. “This investment is aligned with our strategy to decarbonize […]
ATC Trailers introduced new adventure trailers, including the ultra-lite Plā 350 travel trailer and the configurable Stō 350 adventure cargo hauler. The new units are available now at select dealers throughout North America. Both the Plā 350 and Stō 350 are based on the same high-quality design, materials, and construction developed by ATC. This includes […]
