Arconic Corporation, headquartered in Pittsburgh, PA, entered into a definitive agreement to be acquired by funds managed by affiliates of Apollo Global Management, Inc. The all-cash transaction, valued at around $5.2 billion, includes a minority investment from funds managed by affiliates of Irenic Capital Management. Upon completion of the transaction, the company’s shares will no longer […]
The 12th Aluminium Two Thousand World Congress and 7th International Conference on Extrusion and Benchmark (ICEB) will be held on September 19-23, 2023, in Bologna, Italy. The dual event will welcome aluminum companies, universities, and associations from all over the world to present innovative technologies and applications in the aluminum field to a specialized international […]
“The future cannot be predicted, but futures can be invented.” — Denis Gabor, nobelist and author of Inventing the Future (1963) Editor’s Note: As aluminum extrusion applications extend to most business areas, especially for B&C, transportation, industrial, consumer, and defense, it is no wonder that inventions utilizing aluminum extrusions to meet present and future needs […]
Tradeglaze installed a new CNC machining center at its aluminum fabrication and glazing facility in Lincoln, U.K. The six-figure investment is a part of the company’s ambitious growth program, which was launched last year in response to unprecedented demand in the construction and home improvement markets. In particular, many developers and commercial clients are choosing […]
ABC Aluminum Solutions is continuing its growth trajectory. The company broke ground on a major expansion project at its extrusion plant in Tijuana, Mexico. This investment project will enable the company to expand capacity and better serve its customer base, as well as hire 50 additional employees. The project includes the construction of a 16,995 […]
Bonnell Aluminum, a subsidiary of Tredegar Corporation, plans to expand its operations focused on the production of TSLOTS aluminum structural framing system. The company will add a manufacturing and distribution site for the framing system to its existing facility in Newnan, Georgia. This will enable Bonnell to provide customers based in the Southeastern U.S. to […]
Castool Tooling Systems, based in Uxbridge, Canada, designs and manufactures production tooling systems for the extrusion and die casting industries. For the extrusion sector, the company pioneered the fixed dummy block, thermally stable container, single cell die heater, and other innovations. Recently, Castoool completed the construction of a new facility, in which the company has […]
On Friday, February 24, 2023, the U.S. government joined the European Union and other nations in imposing new sanctions on Russia — marking the one year anniversary of Russia’s invasion of Ukraine. The new sanctions target a variety of sectors, including a 200% tariff on aluminum imports from Russia and products from third-countries that incorporate […]
Tower Extrusions installed a new automated unloader for the vertical powder coating line at its facility in Olney, TX. The system enables the automated unloading of painted profiles from the coating line to ensure higher productivity, quality, and safety. Since being founded in March 1977, Tower Extrusions has continued to expand its operations — growing […]
