Gränges AB has announced two plans to expand rolling capacity in the U.S. Tennessee Expansion Granges will invest US$110 million to expand its aluminum foil rolling operation in Huntingdon, Tennessee, in order to meet growing demand for light gauge foil, automotive heat exchanger materials, and heating, ventilation, and air conditioning (HVAC) applications. “The expansion in Huntingdon […]
Gränges AB held an opening ceremony for its newly expanded Gränges Research and Innovation center in Finspång, Sweden. The center has more than 40 years of successful research and innovation work in material used for brazed aluminum heat exchangers. It has been a key factor in enabling Gränges to become a global leader in this field, as well as giving […]
Noranda Aluminum Holding Corporation obtained U.S. Bankruptcy Court approval for the sale of the its aluminum smelter and facilities in New Madrid, Missouri, to ARG International AG for a purchase price of $13.7 million. The Court approval follows an auction that took place on September 28, 2016. The company expects to close the transaction in […]
Noranda Aluminum Holding Corporation entered into an asset purchase agreement for its flat rolled products business with Gränges AB, a supplier of rolled products for brazed aluminium heat exchangers in Sweden. Under the agreement, a subsidiary of Gränges will serve as the “stalking horse” bidder for Noranda’s flat rolled products business in a court-supervised sale process […]
