Metal Bulletin
Kaiser cut back in 3d qtr. at Kalamazoo
Edited by : AL CIRCLE
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Kaiser Aluminum Corp. significantly scaled back production at its Kalamazoo, Mich., extrusion plant for a few weeks in the third quarter in response to service centers destocking, the company’s top executive said.
"Destocking caught us a little bit flat-footed, and we curtailed operations at Kalamazoo to keep from building too much inventory," president, chief executive officer and chairman Jack Hockema said on the company’s third-quarter earnings call Tuesday. "It caused us to substantially reduce Kalamazoo’s production output to avoid any excess (metal) in the system."
"Destocking caught us a little bit flat-footed, and we curtailed operations at Kalamazoo to keep from building too much inventory," president, chief executive officer and chairman Jack Hockema said on the company’s third-quarter earnings call Tuesday. "It caused us to substantially reduce Kalamazoo’s production output to avoid any excess (metal) in the system."
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