Amsterdam rolled and extruded aluminium leader Constellium N.V. announced the execution of a new deal with The Boeing Company yesterday that will have it providing the aerospace firm the aluminium alloys necessary for constructing its commercial aircraft.
The agreement is the latest of many between the two firms. Though details of the accord were scarce, Constellium says the contract specifies that it will offer a wide selection of advanced aluminium rolled products, the majority of which will be produced and shipped from the firm’s plant in Ravenswood, West Virginia.
“This new contract reflects the strong relationship established over the years with Boeing”, explained the President of Constellium’s Aerospace and Transportation business unit Ingrid Joerg. “We look forward to continuing to support Boeing in its commercial airplane programs.”
This contract is but the latest in a long string of new and renewed deals with prominent automotive and aerospace firms over the past several years. Prior to today’s deal, Constellium has signed pacts with Mercedes-Benz, Audi, Bombardier, Alfa Romeo, Pilatus, Ford, and Robert Bosch, among others.
Constellium, based in Amsterdam, was founded 1855 as Henri Merle et Compagnie and subsequently renamed Pechiney in 1950. Pechiney was purchased by Alcan in 2003, which was purchased by Rio Tinto in 2007. In 2011 Rio Tinto sold Alcan Engineered Products to Apollo Management (51%) and FSI (10%). The firm produces rolled and extruded aluminium products from various alloys. The firm brought in €5.2 billion of revenue in 2017.