Auto Parts Manufacturer Magna Opens US$60 Million Aluminium Casting Expansion in Alabama Plant
Canadian auto parts supplier Magna International Inc. cut the ribbon on a US$60-million expansion of its plant in Birmingham, Alabama...
American rolled and recycled aluminium firm Novelis Inc. unveiled plans yesterday to construct and operate a 200-thousand-metric-tons-per-annum automotive aluminium sheet manufacturing facility in Guthrie, Kentucky. Per the firm’s press release, the US$300 million greenfield facility will feature heat treatment and pre-treatment lines...
Canadian auto parts supplier Magna International Inc. cut the ribbon on a US$60-million expansion of its plant in Birmingham, Alabama...
Hindalco Industries’ managing director Satish Pai told local media this week that the firm is continuing to position itself in...
Amsterdam aluminium extruder Constellium NV celebrated the delivery of its ten millionth part to Detroit’s Ford Motor Company. According to...
European aluminium extruder Constellium N.V. announced the grand opening of its latest automotive aluminium plant, located in the northwestern portion of the U.S. state of Georgia. The plant, which covers 135,000 ft2, resides in White, Georgia, which hosts a population of 670 and is a bedroom community of Cartersville, which is nine miles to the […]
Japan’s Kobe Steel, Ltd. is rumored to soon announce a multi-million-dollar partnership with Atlanta’s Novelis Inc. to build an aluminium plant to supply the latter’s processing plants abroad. The Nikkei Asian Review reported yesterday that Kobelco could announce the US$263-million to US$350-million new aluminium plant as early as tomorrow. The proposed plant will be built […]
Japan’s Kobe Aluminum Automotive Products, LLC (KAAP) announced the commencement of a US$51.3 million expansion of its operations in Bowling Green, Kentucky. The move is the first of several phases of a project that is expected to enhance the local economy by US$280 million over the next decade. The project involves the addition of two […]
Norway’s Norsk Hydro ASA reported first-quarter results on Friday. The quarter’s results were buoyed by higher prices in the quarter, but raw materials costs proved to be a slight drag on the bottom line. Hydro’s first quarter revenue totaled NOK23,026 million, an eight percent increase quarter-on-quarter from last quarter’s NOK21,250 million, and a fourteen percent […]
On April 6-7, Imola, Italy hosted the 47th Faro Meeting, a conference devoted to latest developments in the automotive industry and metals markets. During the first day of the two-day conference, speakers from renowned world companies, including Ducker Worldwide, LMC Automotive and Novelis Inc, expressed their views on current and future trends in the automotive […]
Earlier this month the United States Congress passed into law President Joe Biden’s US$1.2 trillion infrastructure package. The Investing in a New Vision for the Environment and Surface Transportation in America Act (or the INVEST in America Act) will allocate US$550 billion ...
2020 was supposed to be “year of climate action”, with the Glasgow COP26 acting as a major milestone for both ...
Between October 28 and November 1st, London hosted the traditional London Metals Exchange (LME) Week gathering of analysts, brokers, traders ...
Base metals prices reacted positively to the progress registered in the latest round of US – China trade talks in ...