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 […]
By Andrea Svendsen, Managing Editor. Service Center Metals (SCM), an aluminum extrusion manufacturing company headquartered in Prince George, VA, is celebrating 20 years of continuous operation this year. As the company moves into its third decade, it is completing a $127 million investment in a new remelt and casting plant and new extrusion plant near […]
Matalco Inc., a division of the Giampaolo Group, started up production at its new $80 million remelt and casting facility in Wisconsin Rapids, WI — making it the company’s fifth production plant in North America. The greenfield facility is capable of producing over 250 million lbs of billet or rolling ingot per year and is […]
By Andrea Svendsen, Managing Editor. Ellwood Aluminum, a division of the 110 year old family-owned steel manufacturer Ellwood Group, has constructed and started up operation of its new secondary aluminum casthouse in Hubbard, Ohio (Figure 1). The new facility, which represents the company’s first entry into aluminum melting and casting, enables them to diversify their […]
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Harsco Corporation acquired ALTEK Group on a debt and cash free basis for a purchase price of £45 million (approximately $60 million). The acquisition includes an additional future contingent consideration subject to the future financial performance of ALTEK over the next four years, consistent with its growth and revenue. The cost-efficient recovery of metal and […]
By Goran Djukanovic, Aluminum Market Analyst & Consultant. Alro S.A., located in Slatina, Romania, is largest aluminum smelter in South Eastern Europe and among the largest integrated aluminum producers in Europe. Alro is able to maintain this leading position in the industry with its vertically integrated production capacity, access to competitively priced raw materials, and continuous […]
