Gränges AB

Gränges Announces Layoff Of 75 Employees At Finspång Plant

Gränges Announces Layoff Of 75 Employees At Finspång Plant

Swedish rolled aluminium firm Gränges AB said on Wednesday that it is negotiating with the labor union at its facilities over a corporate reorganization that will see the culling of 75 positions in Finspång. Per the firm, the move is being done...

Events

Gränges Shanghai Automotive Aluminium Production Plant Gains ASI Certification

Swedish rolled aluminium firm Gränges AB’s Shanghai production facility is the latest plant to achieve certification against the Aluminium Stewardship Initiative’s Performance Standard. The plant’s production includes aluminium strips and plates used in automotive manufacturing applications. ASI notes the certification’s symbol as an ongoing commitment to environmental, social, and governance responsibility. Gränges’s Shanghai plant boasts […]

Gränges And Aurora Labs Ltd Ink Agreement To Discuss Enhanced Cooperation In 3D Aluminium Manufacturing

Swedish rolled aluminium firm Gränges AB and Australian metal 3D printing developer Aurora Labs Ltd signed a Memorandum of Understanding last week that contemplates increased commercial and research ties between the two firms. Operating through its wholly-owned subsidiary A3D Operations Pty Ltd., Aurora and Gränges agreed to a framework for possible future transactions between the […]

Gränges Purchases Utilities Infrastructure At Finspång From Jernbro For SEK93 Million

Swedish rolled aluminium firm Gränges AB announced on Friday the acquisition of the entirety of the utilities infrastructure at its plant in Finspång from industrial services provider Jernbro for SEK93 million (US$9.65 million). Per the firm, the buy-out of Finspång’s utilities infrastructure from Jernbro will insure the plant continues to receive a reliable and safe […]

Gränges Boosts Financial Flexibility With New Credit Facility Agreements

Swedish rolled aluminium firm Gränges AB said yesterday that it has refinanced a 2016 credit agreement it negotiated for the purchase of American subsidiary Gränges Americas Inc. Gränges indicates that the new credit facility is a revolving facility of SEK2,000 million and a term of 3 years with an option to extend for another 2 […]