Globeflex Capital L P has acquired a new position in Kaiser Aluminum Corporation, buying 8,903 shares valued at about USD 1.74 million, according to a filing with the US Securities and Exchange Commission. The investment gave Globeflex an approximately 0.05 per cent stake in the US aluminium...
An employee at Kaiser Aluminum’s Kalamazoo facility passed away following a workplace incident, prompting an investigation by the Michigan Occupational Safety and Health Administration (MIOSHA). According to a MIOSHA report, the 43-year-old maintenance technician was welding inside a pneumatically...
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Global aluminium downstream industry remained muted this week except delivering a few updates such as Hulamin’s, South Africa-based aluminium supplier and exporter, flattering results for both rolled and extruded product segments and the rise in China’s aluminium billet inventories on large...
According to a recent report, the Tennessee Department of Economic and Community Development (TNECD) has announced to award $1.25 million grant to Kaiser Aluminum Investments to move its company headquarters from California to Franklin. The grants provided by TNECD are FastTrack grants from the...
Kaiser Aluminum has announced that it will relocate its corporate headquarters from Foothill Ranch, California, to Franklin, Tennessee. The relocation will involve approximately $3 million investment and create 80 jobs. “Companies around the world see the benefits of doing business in Tennessee,...
Kaiser Aluminum Corporation reported net sales of $741 million for the second quarter 2021 compared to $276 million in the prior year period, reflecting a 184% increase in shipments and a 5% decrease in average selling price per pound. Adjusted EBITDA stood at $59 million, up $24 million...
On Monday, June 7, Aluminium Stewardship Initiative announced that it successfully certified Kaiser Aluminum against the Performance Standard Certification with Provisional status. Kaiser has achieved the certification for its ingot casting centres, rolling mills, and finishing production centres...
Kaiser Aluminum, a leading producer of semi-fabricated aluminium products, has joined ASI as a new Industrial User member, bringing the total number of ASI Members to 166. Kaiser Aluminum seeks to continually improve its product quality and manufacturing efficiency through processes and capital...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide announced first quarter 2021 results.Net sales increased to stand at $324 million, from second half 2020 run-rate of $264 million on higher shipments. On a yearly basis, net...
Kaiser Aluminum Corporation has completed the acquisition of rolling mill and associated assets from Alcoa Corporation for a purchase price of $670 million. The deal closed on March 31, 2021. The purchase price was funded with a combination of existing cash on hand, and the assumption of other...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide full year 2020 results. Net sales stood at $1,173 million compared to $1,514 million in the prior year period. Value added revenue dropped to $697 million from $856 million in...
Alcoa Corporation has entered into agreement to sell Alcoa Warrick LLC, covering rolling mill business for total amount of approximately $670 million. The transaction is likely to close by the end of the first quarter of 2021, subject to regulatory approval and customary closing conditions. “The...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced third quarter and first nine months 2020 results. In the third quarter of 2020 , net sales were $256 million compared to $375 million in the prior year period, reflecting a 29% decrease in...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced second quarter 2020 results. Net sales for the second quarter 2020 were $276 million, from $375 million in the prior year period, reflecting a 24% decrease in shipments and a 4% decrease in...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, serving customers worldwide with highly engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications, announced that Jack A. Hockema, who...
New Day Aluminum Holdings LLC has announced that it has appointed John Habisreitinger as Chief Operating Officer, who would be responsible for the global operations of New Day’s business. New Day Aluminum Holdings LLC is the parent company of Noranda Bauxite, Noranda Alumina, and NICHE Industrial...
Kaiser Aluminium the American aluminium producer slashes its 2020 revenue forecast from the airline industry. The aluminium company has dropped its forecast for revenue from the commercial airline industry this year as a sharp decline in air travel due to the COVID-19 pandemic and a slip down...
Kaiser Aluminum Corporation announced third quarter and first nine months 2019 results. The company’s net sales dropped from $393 million in Q3 2018 to $375 million in Q3 2019, reflecting a 3% decrease in shipments and a 2% decrease in average selling price. Value added revenue stood at $215...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced the appointment of Leo W. Gerard to its Board of Directors. Gerard brings several decades of knowledge and experience in the metals industry. Gerard served as International President of the...
Kaiser Aluminum Corporation, a leading producer of semi-fabricated specialty aluminium products, announced second quarter and first half 2019 results. For the second quarter 2019 , the company reported net sales of $375 million, from $415 million last year, reflecting an 8% decrease in shipments...
