Sapa is consolidating its position in the aluminum extrusion sector in France by investing in new value-adding services in Le Garric. The company now has five extrusion plants, located in Albi, Châteauroux, Lucé, and Puget, as well as the new location in Le Garric. The new 2,400 sq m machining workshop at the Le Garric site, north of […]
Kobe Steel, Ltd. plans to manufacture and sell aluminum extrusions for the automotive sector in the U.S. in Bowling Green, Kentucky. The facility will operate through a company called Kobelco Aluminum Products & Extrusions Inc. (KPEX) and will manufacture make bumper and frame materials for cars. The $46.7 million investment will include a new integrated […]
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 […]
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 […]
Alcoa announce that its separation into two independent, publicly-traded companies — an Upstream company and a Value-Added company — remains on track for completion in the second half of 2016. Alcoa has now revealed the name of its Value-Added company, Arconic. The Upstream company will continue to operate under the Alcoa name. According to Alcoa, the “Arconic” […]
