United States industry advocacy group Aluminum Association announced earlier this week that three companies have become members – Cerro Wire LLC, Gränges Americas Inc, and Reynolds Consumer Products.
Cerro Wire is an electrical building wire firm based in Alabama with a ninety-year history of supplying building wire for various commercial, industrial, and residential applications. The firm supplies its North American customers with wire produced at four factories, and distributes said wire via a nationwide network of representatives.
With locations in Tennessee, North Carolina, and Arkansas, Gränges Americas produces aluminium foil and light-gauge rolled aluminium products. The Tennessee-based subsidiary of Sweden’s Gränges AB produces aluminium heat exchangers, aluminium packaging, and transformers as well.
Reynolds Consumer Products manufactures consumer goods that are nearly ubiquitous in North American households. The CPG company is based in Illinois and produces items including Reynolds Wrap, Alcan, and Diamond brand aluminium foil. In addition to the United States and Canada, Reynolds products are marketed in about one hundred other countries around the world.
“As we continue to chart a sustainable course for the domestic aluminum industry, we’re pleased to bring in these new voices to help us tell the industry’s story,” said President & CEO of Scepter and Aluminum Association Chairman Garney Scott. “During a time of both opportunity and challenge for aluminum producers everywhere, we’ll work with these new members to help move the industry forward.”
The Aluminum Association’s press release went on to point out that the North American aluminium industry shipped almost twenty-six billion pounds of product last year, which is the best showing yet for the industry since the recession began in 2008.
However, the Association continued by calling out the People’s Republic of China for an oversupply in the aluminium market that has shuttered almost sixty percent of the primary aluminium capacity in the United States over the past two years and has cost an identical percentage of jobs lost in the domestic upstream segment since 2013.