Building & Construction
April 1, 2026
Written by Nicholas Bell
Kibar Americas has acquired the former Novelis flat-rolled aluminum facility in Fairmont, W. Va., roughly nine months after production ceased at the site.
The transaction follows a sequence that began in March 2025, when Novelis said it would permanently shut down the Fairmont plant effective June 30, 2025.
Investor focus last week remained on the ongoing correlation between US treasury yields and oil prices, especially now that 10-year rates have reached fresh highs.
Rio Tinto will exclusively market billet from RevoCast’s new British Columbia plant under a long-term agreement combining primary and recycled aluminum.
Can Art Aluminum Extrusion has purchased BRT Extrusions in Niles, adding five extrusion presses and finishing operations.
RevoCast has started secondary aluminum billet production in British Columbia, adding more than 80,000 tonnes of annual capacity to Western Canada.
Construction spending indicators show softer architecture billings and private construction spending despite strength in several large project categories.
