Constellium N.V. entered into a binding purchase agreement with UACJ Corporation and its U.S. subsidiary, Tri-Arrows Aluminum Holding Inc., to acquire Tri-Arrows’ 49% stake in Constellium-UACJ ABS, LLC in Bowling Green, Kentucky, for $100 million plus the assumption of 49% of approximately $80 million of third party debt at Constellium-UACJ. “This investment will give Constellium […]
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, […]
