During its fourth quarter and full year 2018 results presentation, Arconic Inc. announced plans to restructure its business into two separate businesses. “As part of [the company’s] strategy and portfolio review, we have determined to separate the portfolio into Engineered Products & Forgings and Global Rolled Products,” said John C. Plant, who was recently named chief […]
Jupiter Aluminum Corporation, a U.S. aluminum rolling mill operator, acquired Spain-based flat rolled aluminum producer Grupo Valenciana de Aluminio Baux, including its subsidiaries Bancolor Baux SLU and Compañía Valenciana de Aluminio Baux SLU. Terms of the deal were not disclosed. Founded in 1992 and based in Hammond, Indiana, Jupiter Aluminum, recycles aluminum scrap and rolls […]
The U.S. International Trade Commission (USITC) reached a unanimous determination that U.S. producers have been materially injured by unfairly-traded imports of common alloy aluminum sheet from the People’s Republic of China. As a result, the U.S. Department of Commerce (DOC) will issue unfair trade orders on imports of common alloy aluminum sheet from China in […]
Constellium N.V. entered into a binding purchase agreement with UACJ Corporation and its U.S. subsidiary, Tri-Arrows Aluminum Holding Inc., to acquire Tri-Arrows’ 49% stake in Constellium-UACJ ABS, LLC in Bowling Green, Kentucky, for $100 million plus the assumption of 49% of approximately $80 million of third party debt at Constellium-UACJ. “This investment will give Constellium […]
The automotive industry relies on the stamping process for rapid production of deep drawn sheet components for its mass-market vehicles. However, as automakers develop increasingly advanced components, aluminum sheet is challenged compared to steel due to its lower formability. The superplastic forming process is a potential solution as it provides the ability to produce deep […]
The U.S. Department of Commerce (DOC) announced its final determinations in the antidumping duty (AD) and countervailing duty (CVD) trade cases regarding common alloy aluminum sheet. The DOC has determined that imports of common alloy aluminum sheet from China are being sold at less than fair value (or “dumped”) in the U.S. and that aluminum sheet […]
JW Aluminum is investing $8.5 million to install a new tension leveling and slitting line at its Goose Creek, South Carolina, facility. The new coil processing equipment is designed to maximize output and increase efficiency, as well as ensuring optimum material flatness. The 84 inch wide line will be custom built by Red Bud Industries and […]
Impression Technologies Ltd. signed a letter of intent (LOI) with Scandium International Mining Corp. to test scandium-containing alloys in proprietary aluminum sheet forming applications. Impression Technologies is a privately held technology company, developing and licensing its advanced aluminum forming technology, Hot Form Quench (HFQ®), to the worldwide automotive, aerospace, rail, and electronics industries. The LOI […]
