Aluminium extrusion usage in building and construction to grow 1.24% CAGR through 2035, with Americas at 1.15%, Europe at 1.30% & MEA at 2.47%
What does the building and construction market mean for aluminium extrusion industry? The answer may depend less on how much the world builds and more on where it builds and what those buildings require. As construction activity picks up across regions, aluminium extrusion is set to follow - but...
Meagan Lalonde joins Metra North America as Architectural Sales Manager
Metra North America, leading manufacturer of engineered architectural systems specialising in custom fenestration, curtain wall, and building envelope solutions, has announced that Meagan Lalonde has joined the company as Architectural Sales Manager. Lalonde brings more than a decade of experience...
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Shares of Noranda Aluminum Under Pressure, Down 3.2%
One of today's stocks on the move is Noranda Aluminum (NYSE:NOR), down 3.2% to $10.63. The Dow is down 0.8% to 12,565 and the S&P is currently down 0.9% to 1,305. Noranda Aluminum Holding Corp is an integrated producer of aluminum products, as well as rolled aluminum coils. The Company produces...
400 aluminium windows from Technal for new world class college in Hartlepool
The new £53m Hartlepool College of Further Education features extensive use of architectural aluminium façade systems from Technal. Designed by Bond Bryan Architects and built by Miller Construction, the new state-of-the-art campus brings world class education and training facilities together in an...
Sapa expands aluminium extrusion operations
Sapa Extrusions is expanding operations in the Port of Vancouver, Washington, bringing nearly 100 new jobs to the region. The new facility, a 142,800-square-foot-building, will house equipment transferred from Sapa’s Portland plant and other facilities, as well as new equipment and facility...
Alubond in Turkish expansion plan
Mulk Holding’s Alubond group has signed an expansion programme in Turkey. Members of the business communities of UAE and Turkey signed a joint venture agreement for Aldom Group Turkey to set up a base to manufacture Alubond Fire Rated Building Façade Panels and Aluminum Coil Coatings. Mulk Holdings...
Sapa Extrusions Brings Aluminology to Light
Sapa Extrusions North America today announced the launch of a new marketing campaign to showcase the advanced technical expertise, unprecedented resources, and customer-focused solutions that have made Sapa the world's largest aluminum extruder. Coining the term Aluminology(SM), which is the...
Noranda Aluminum is Among the Companies in the Aluminum Industry With the Highest Free Cash Flow Per Share
Below are the three companies in the Aluminum industry with the highest free cash flow per share. FCF/share is a valuable metric signaling a company's ability to facilitate growth in the business. Noranda Aluminum (NYSE:NOR) is highest with FCF per share of $4.07. Noranda Aluminum Holding Corp is...
Europe’s Dark Clouds Spread North
The dark clouds hovering over the economies of southern Europe are moving north, with the building and construction industries feeling the brunt of the manufacturing industry’s pain, says the chief executive of the region’s largest aluminum producer, Norsk Hydro. “We have our facilities all over...
Grey Mountain acquires Custom Components
Grey Mountain Partners has acquired Custom Components Company, a niche building materials manufacturer, fabricator and supplier of aluminium, stainless steel and glass architectural engineered products. Beth Lesniak, Vice President of Grey Mountain, says: "The combination of Global Security Glazing...
Somerville Aluminum celebrates 62nd anniversary with savings
Somerville Aluminum, a leading Central Jersey home improvement company, announces 62 days of savings in honor of their 62nd anniversary. Founded in 1950. Celebrating 62 years in business, Somerville Aluminum is offering 62 days of savings, with 19.50% off of qualifying remodeling projects. This...
Alcoa Tied to Skittish Aluminum Price
Aluminum giant Alcoa (AA), a bellwether for manufacturing, is tied to a skittish commodity price: aluminum. The metal’s price plummeted over 27 percent last year, after peaking in April. Analysts’ opinions on Alcoa’s 2012 prospects now vary widely as the world economic picture dims. Alcoa operates...
Fluctuations in world aluminium capacity
For its size and multi-country production facilities, frequent technology updates and a balance sheet making it a “confident company in a nervous world,” Alcoa of the US is seen as bellwether of the world aluminium industry. Therefore, when Alcoa reported a loss in the final quarter of 2011, the...
Turkey’s Boral Aluminium invests €50 million in Serbia
Serbia's Deputy Prime Minister for Economic and Regional Development Verica Kalanovic announced that Turkish company Boral Aluminium will invest over €50 million in the construction of an aluminium profiles and truck trailer doors factory in Doljevac. Following a signing of a memorandum on the...
Boral Aluminyum to Build $71 Million Extrusion Factory in Serbia
Boral Aluminyum, a Turkish maker of aluminum-extrusion products, signed a preliminary agreement to develop a manufacturing plant in southern Serbia with state support. The 25,000 square-meter (270,000 square-feet) factory in Doljevac may cost an estimated 55 million euros ($71 million) to build and...
Sapa expects 5-7% aluminum extrusion growth this year
US aluminum extruder Sapa expects North American aluminum extrusion growth of 5-7% this year, primarily driven by "overall economic conditions," according to Jeffrey Henderson, vice-president of marketing for Sapa North America. Speaking Monday at the Platts Aluminum Symposium in Fort Lauderdale,...
Alcoa Donates its Recycling “Tools” to Extreme Makeover Home Edition Team
KNOXVILLE, Tenn.--(BUSINESS WIRE)--When the television show Extreme Makeover-Home Edition came to Knoxville, Tennessee, to renovate a home this week, Alcoa Recycling picked up its tools and volunteered its services along with local construction contractors and laborers. Alcoa’s “tools” came in the...
Absolute Distribution Inc. Partners with Fairway Building Products for Distribution of Solutions Aluminum Railing Products
Absolute Distribution, Inc. (ADI, www.absolutedist.com) has announced its partnership serving as a key distributor of Solutions Aluminum Railing and Solutions Aluminum Balusters with Fairway Building Products, L.P. Absolute Distribution, Inc. (ADI) located in Minneapolis, MN is a marketer and two...
Why aluminium firms are on fire despite Alcoa’s poor show
Even though the world’s largest aluminum maker, Alcoa, posted quarterly losses for the first time in two years, global markets welcomed the results and moved higher. Indian markets too followed suit and are trading in the green. For the fourth quarter the company posted a loss of $193 million or...
Research and Markets: Aluminium Industry, Q4 2011 - Rising cost to defend price softening
Swiftness of recovery in demand during CY10 significantly reduced the gap between global production and consumption of aluminium. The earlier fall in global metal demand, which prompted many companies to idle their capacities; gave an opportunity to the same players to restart their operations...
