AMAG Austria Metall AG in Ranshofen, Austria, held a grand opening for its new aluminium cold rolling mill, which the company says is Europe’s state-of-the-art. Around 700 guests attended the June 22nd event. “With the plant expansion, we are increasing our production capacity and at the same time our quality, flexibility, productivity, as well as […]
Hydro held an inauguration ceremony for its new automotive aluminum sheet line in Grevenbroich, Germany. The €130 million state-of-the-art facility is the biggest of a series of investments Hydro has made in Germany and Norway recently to meet the increasing demand from carmakers. The line increases Hydro’s annual production of car body sheet from 50,000 […]
Novelis Inc. has entered into a joint venture agreement with Kobe Steel, Ltd., a producer of aluminum rolled products in Japan. The joint venture, to be named Ulsan Aluminum, Ltd., will be formed by Novelis selling Kobe Steel 50% of its ownership interest in its aluminum rolling facility in Ulsan, South Korea, for US $315 […]
Braidy Industries, Inc., a new company formed by chairman and CEO Craig T. Bouchard, plans to construct a $1.3 billion greenfield aluminum rolling mill in Greenup County, Kentucky, to produce sheet and plate for the automotive and aerospace industries. The project is being constructed in partnership with the State of Kentucky and the Ashland Alliance. […]
Arconic completed the installation of its new manufacturing technology — the Very Thick Plate Stretcher. Located at the company’s facility in Davenport, Iowa, the stretcher improves the performance of thick aluminum and aluminum-lithium plate in aerospace and industrial applications. The stretching process reduces stress introduced into the plate as part of the manufacturing process, resulting […]
Arconic Inc. completed the divestiture of Arconic Fusina Rolling Srl, its Fusina, Italy, rolling mill to Slim AluminiumSpA for approximately $60 million after tax. The transaction follows a thorough review process and is part of Arconic Global Rolled Products’ (GRP) continued drive to convert the business from a commodity producer to a high-margin aerospace and automotive supplier. The […]
UACJ Corp., Japan’s largest aluminum rolling company, announced plans to invest a total of ¥55 billion (~US$482 million) to enhance production capacity at its plants in the U.S. and Thailand. U.S. Expansion UACJ will invest US$175 million in Logan Aluminum in Russellville, Kentucky, a joint venture run by Tri-Arrows Aluminum (a UACJ subsidiary) and Novelis […]
The Aluminum Association’s Trade Enforcement Working Group filed antidumping and countervailing duty petitions charging that unfairly traded imports of certain aluminum foil from the People’s Republic of China are causing material injury to the domestic industry. This action is part of the U.S. aluminum industry’s broad trade strategy to address Chinese overcapacity throughout the value chain. […]
