Braidy Industries’ new CEO to oversee advanced aluminium rolling mill project

Braidy Industries said its leadership team will now accelerate plans to build state-of-the-art aluminium rolling mill after the appointment of Don Foster as new Acting President and Chief Executive Officer of the company.

 “Braidy Industries is the future of aluminum, and there is no one better to lead the team than an experienced professional like Don Foster,” said Braidy Industries Chairman Charles Price. “Don has more than 40 years in the industry and is a proven, successful metals executive with a history of profitable business development and large project experience.”

The new mill in Eastern Kentucky is likely to create more than 1,000 construction jobs, 550 full-time mill jobs and thousands of indirect jobs in the region.

“The business case for this project is strong, and I’m honored to be a part of it,” said Don Foster, President and CEO of Braidy Industries. “Braidy’s state-of-the-art mill is being engineered with proven, world class technology and our team of motivated aluminum experts are going to get it built. It is essential to the North American automotive industry supply chain and vital to the economy of Eastern Kentucky.”

Don Foster will continue to serve as CEO of BridgeConsulting LLC. Braidy Industries is supported by BridgeConsulting, a wholly-owned subsidiary of Metals Bridge, LLC. Metals Bridge had entered into a long term ‘take or pay’ agreement with Braidy for 50,000 tons of aluminium annually.

“The Board of Directors have worked very hard and are dedicated to see this project to fruition,” added Chairman Price. “Don Foster is ready to lead our team, including management in Ashland and consultants like BridgeConsulting, forward on the goal at hand—to finalize the fundraising and build the Braidy mill.”