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. […]
Aluminium Konin Impexmetal S.A. in Poland celebrated the completion of its investment program, which included the starting up of production of a new cut-to-length line for processing of coils from thin, soft aluminum, as well as a pull-through leveler, drum shear, and an air-blow stacker. The cut-to-length line supplied by Georg enables the processing of […]
By Michael Niedzinski, Constellium. Aluminum armor solutions have been in existence for the past 60 years, almost since the start of the Aluminum Association circa 1954. These plate products were developed for armored personnel carriers, either wheeled or tracked. Armored vehicles serve an important function as reconnaissance, ambulance, scout, or infantry delivery vehicles. One of […]
Constellium N.V. held the official opening ceremony for its new state-of-the-art aluminum sheet finishing line at its plant in Neuf-Brisach, France, on October 18. The €180 million investment is designed to meet the growing demand for aluminum automotive body sheet. “We are thrilled to announce the capacity expansion of our plant in Neuf-Brisach with the […]
Constellium N.V. and UACJ Corporation celebrated the official opening of their new manufacturing plant in Bowling Green, Kentucky. The 225,000 sq ft facility will supply 100,000 tonnes of aluminum automotive body sheet to the North American automotive industry under their joint venture, Constellium-UACJ ABS LLC. Coil supply for the facility has been secured with both partners’ rolling mills, […]
Aleris Corporation entered into a definitive agreement to be acquired by Zhongwang USA LLC, an investment company owned by Zhongwang International Group Ltd., parent company of China Zhongwang. Under the agreement, Zhongwang USA will acquire Aleris for $1.11 billion in cash for the equity, plus $1.22 billion in net debt. “We are excited about this transition to strategic […]
