MX Holdings, the parent company of Metal Exchange Corp. and Pennex, signed an MOU with Century Aluminum Company, a global primary aluminum producer with facilities in the U.S. and Iceland, to establish a new joint venture focusing on the manufacture and marketing of low-carbon recycled secondary aluminum billet. “We are excited to embark on this […]
By Mark Butterfield, Metal Exchange Corporation. Editor’s Note: This is the fourth in a series of six articles in which the author will explore opportunities for the aluminum extrusion industry in the automotive market. The series will specifically address the supply chain, raw material supply, extrusion, fabrication, and assembly. Demand for an Expanding Value Stream […]
By Mark Butterfield, Metal Exchange Corporation. Editor’s Note: This is the third in a series of six articles (available in the print magazine) in which the author will explore opportunities for the aluminum extrusion industry in the automotive market. The series will specifically address the supply chain, raw material supply, extrusion, fabrication, and assembly. With […]
Metal Exchange Corporation (MEC), headquartered in St. Louis, MO, acquired Medalco Metals Inc., a U.S.-based distributor of light gauge aluminum rolled products. Medalco will operate as a division of MEC. “Medalco’s specialty products and unwavering commitment to customer service align with Metal Exchange’s business model and growth strategy,” said Vijay Natarajan, executive vice president of MEC’s […]
Metal Exchange Corporation (MEC), headquartered in St. Louis, MO, is forming a new joint venture with Novellini Industries Srl in Mantova, Italy. Called novALmec, the newly formed company will supply aluminum billet capacity to the European market. “With this being our first investment in an overseas manufacturing facility, the selection of our partner was crucial,” said […]
