Audubon Metals to Invest US$8.3 MM in Expansion of Kentucky Aluminium Ingot Plant
31 July 2017 by Staff
Kentucky’s aluminium sector will grow yet again as Audubon Metals LLC plans to invest US$8.3 million to expand its existing plant in the state.
Governor Matt Bevin’s office made the announcement on Friday, noting that the expansion to the Henderson plant will involve increasing the existing facility to 333,000 square feet. The 21,000 square foot add-on will include a fifth reverbatory furnace, an extension of its ingot-casting line, an expansion of production storage space, and a new warehouse. The new facilities will require an additional 39 workers at the plant.
“Audubon Metals has been a steadfast employer and community partner in Henderson County for more than 20 years,” said Bevin. “We are pleased to announce this latest investment and new jobs by a company whose products are central to so many of Kentucky’s manufacturing operations – from automotive parts and vehicle assembly to the appliance industry and more. This expansion also further demonstrates the strength of Kentucky’s aluminum industry. I congratulate Audubon on its continued success and look forward to seeing additional growth in the future.”
Pointing out an ongoing increase for aluminium from the American market, Audubon Metals president and CEO Jim Butkus said that the new facilities will put the company in a better position for meeting those demands.
“Since our Henderson, Kentucky aluminum smelting operation began in 1996, Audubon Metals LLC has steadily grown its market share in providing quality products to the secondary aluminum die casting industry. This project will expand and diversify our product mix, and give us the required capacity to grow and enter new markets. Coupled with the contributions from our terrific associate employees and support from the Henderson, Ky. community, we are confident that we will continue to maintain our highest level of service to our customers and to our community.”
A producer of custom aluminium ingots for diecasters across the Midwest, the Koch Enterprises subsidiary initially started the Henderson plant with 55 employees. The plant now employs over 270 workers and has a monthly capacity of over 30 million pounds.