Constellium names new chief executive
Chief Operating Officer Ingrid Joerg will succeed Jean-Marc Germain as CEO
Chief Operating Officer Ingrid Joerg will succeed Jean-Marc Germain as CEO
MetalX will maintain its headquarters in Fort Wayne and both companies will maintain their own independence and management, the companies said.
The Hydro/University of Michigan partnership links university research with Hydro's facilities to develop, test, and scale next-generation aluminum extrusion alloys.
The company again upwardly revised its full-year adjusted EBITDA outlook, expecting it to improve 20%-25% year over year.
A fire at a Novelis aluminum mill in September shook up domestic supply for automakers
Ford executives said the automaker expects aluminum supplier Novelis to restart its fire-damaged Oswego, NY hot mill by late November or early December.
MetalX's proposed $250 million aluminum recycling and slab-rolling plant in Ohio has been shelved, with the site now listed for sale confirming the project will not proceed.
The state of Kentucky has awarded more than $3 million in rail-infrastructure grants to Logan Aluminum and Novelis, strengthening the integrated Berea-Russellville supply chain.
“We will see how things go over the next six to eight months or so, but there is definitely growth opportunity there," CEO says.
EGA-Spectro Alloys has begun the second phase of its Rosemount, Minnesota expansion, adding a second wave of billet-casting capacity to the facility that began producing billets earlier this year.