Kaiser Aluminum

Kaiser Aluminum Inks New Five-Year, US$375-Million Credit Facility

Kaiser Aluminum Inks New Five-Year, US$375-Million Credit Facility

California semi-fabricated aluminium producer Kaiser Aluminum Corporation announced on Wednesday that it has entered into a five-year, US$375-million senior secured revolving credit facility. Per the firm, the new credit facility was negotiated in order to replace an earlier credit facility that was...

Events

Kaiser Aluminum Beats Street Estimates In 2019’s First Quarter

California semi-fabricated aluminium producer Kaiser Aluminum Corporation reported results for the first quarter yesterday. Despite challenges relating to Boeing’s 737 MAX, the firm reported strong financials for the quarter. In the year’s opening quarter Kaiser shipped 163 million pounds of product, surpassing the prior quarter’s shipments by 4 million metric tons, but down on the […]

Kaiser Aluminum Shipments Rise To Record 159 Million Pounds In Q4

Southern California aluminium firm Kaiser Aluminum reported fourth quarter and full year results last week, besting quarterly EPS estimates for the third time in four quarters. In the fourth quarter Kaiser shipped 159 million pounds of product, identical with the prior quarter and better by six million pounds on the year. Net sales for the […]

Eighteen-Percent Jump In Sales Propels Kaiser Aluminum Past Market Projections In Third Quarter

Semi-fabricated aluminium firm Kaiser Aluminum Corporation released third-quarter results on Wednesday, besting Wall Street forecasts for both the just-ended quarter and the year-to-date financials. The third quarter saw Kaiser sell US$393 million in product, good for an 18-percent increase year-on-year, with US$205 million consisting of value-added material, better by 10 percent than last year’s third-quarter […]

Kaiser Aluminum Acquires Additive Metal Manufacturer Imperial Machine & Tool

Semi-fabricated aluminium firm Kaiser Aluminum Corporation revealed on Wednesday the acquisition of additive manufacturing and machining firm Imperial Machine & Tool Co. of Columbia, New Jersey. The press release provided few details and, at the present time, no financial arrangements or timeline for the deal’s completion are available. Jack A. Hockema, Chairman and Chief Executive […]

Jamaican Government Plans Merger of Clarendon Alumina and Jamaica Bauxite Mining, With Stock Exchange Listing to Follow

Jamaica’s government announced earlier this week its intention to combine Clarendon Alumina Partners (CAP) and the Jamaica Bauxite Mining Limited, followed by listing the resulting organization on the country’s stock exchange. Jamaican Minister of Transport and Mining Robert Montague told local media that the plan, for which he is currently seeking Cabinet support, would allow […]