By Andrew Halonen, Mayflower Consulting LLC. The automotive business is rife with change as OEMs introduce new powertrains for hybrid and electric vehicles (EVs). Car companies are also spending billions in big bets on advanced driver assistance systems (ADAS), ride sharing, artificial intelligence (AI), and service businesses in an attempt to shift dollars from the […]
Materials handling specialist Combilift, headquartered in Monaghan, Ireland, has launched its latest product, the Combi-XLE, adding to its wide range of electric models. In line with the growing demand for electric powered equipment, this multidirectional forklift with up to 5-ton (10,000 lb) lift capacity has the ability to handle long loads, such as aluminum extrusions. […]
Service Center Metals is investing $100 million to expand its casting and extrusion operations in Prince George County, Virginia. The facilities will increase production capacity to meet customer demand, as well as create 94 new jobs. “Our next expansion will be the largest in our history, adding significant capacity to both our billet casting and […]
Shape Corp., a global tier-one automotive supplier, recently held a groundbreaking ceremony for its new Aluminum Center of Excellence to be located in Trenton, OH (Figure 1). The 322,000 sq ft facility will allow the company to expand its manufacturing capacity for the production of tight tolerance aluminum extrusions and assemblies, while also providing research […]
The U.S. Department of Justice (DOJ) reported that a federal jury has found six corporate entities guilty of attempting to defraud the U.S. via a wire-and-customs fraud scheme. The fraud was said to have been designed to avoid paying $1.8 billion in anti-dumping and countervailing duties imposed in 2011 on certain types of extruded aluminum […]
By Andrea Svendsen, Managing Editor. Alexandria Industries completed an investment project at its operations in Alexandria, MN, where the company has expanded its manufacturing space, installed a new 7 inch, 26 MN front-loading extrusion press line with advanced automation capabilities, and added a new front office and entry. The new press line allows the company […]
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Cover Billet being removed from the casting pit at Matalco’s new remelt and casting facility in Wisconsin Rapids, WI. The new facility is capable of producing 250 million lbs of billet per year and is part of a larger expansion project across North America. Articles Matalco Launches New Remelt Plant in Wisconsin: Continues Massive Expansion […]
Taber Extrusions is continuing to invest in technologies that enable it to provide a broad set of capabilities to the extrusion industry. Among these capabilities is the installation of a new CNC machine at its facility in in Russellville, AR. The new machine is designed for the processing of long aluminum extrusion profiles. The new […]
KPS Capital Partners acquired Profile Custom Extrusions, LLC from Highlander Partners, L.P. In addition, KPS recently completed its acquisition of Metra Holding S.p.A. and Metra S.p.A. in Italy. Profile and Metra will be combined to form a leading, global aluminum extrusion platform with a strong presence across both Europe and North America. “We are very appreciative of […]
