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Florida aluminium manufacturer fined for combustible dust violations
20 MAR 20122MINS

Florida aluminium manufacturer fined for combustible dust violations

Fritz Aluminum Services Inc. has been cited by OSHA with 37 violations for exposing workers to a variety of safety and health hazards, including combustible dust accumulations, at the company's facility in Eustis, Florida. OSHA opened an inspection in September after receiving a complaint, and...

Tax credit for aluminum plant lowers costs from coal
19 MAR 20124MINS

Tax credit for aluminum plant lowers costs from coal

A West Virginia bill touted for saving an aluminum plant and the jobs that come with it attempts to do so by providing tax credits for suppliers of coal that eventually powers the plant. The Energy Intensive Industrial Consumers Revitalization Tax Credit Act allows a credit of up to $20 million...

Passage For Century Aluminum Bill
19 MAR 20123MINS

Passage For Century Aluminum Bill

As a group of Century Aluminum retirees looked on Friday at the State Capitol, members of the state Legislature approved a bill that is expected to be a key part of efforts to reopen the company's Jackson County facility. However, Charleston Attorney Tom Heywood, who represents Century Aluminum,...

Aluminum Castings Corp. to benefit from U.S. Navy contract
19 MAR 20121MINS

Aluminum Castings Corp. to benefit from U.S. Navy contract

Business for Aluminum Castings Corp., a casting foundry in Galesburg, is likely to benefit from a U.S. Navy contract awarded to a regional power tool company, a month after the Galesburg company disclosed plans for expansion. Honsa Ergonomic Technologies Inc., located in Milan, will announce on...

Parekh Aluminex Ltd acquires American Foils Inc.
19 MAR 20121MINS

Parekh Aluminex Ltd acquires American Foils Inc.

Parekh Aluminex Ltd is in process of acquiring 100% shares of American Foils Inc based in USA, by which it will become a wholly owned subsidiary of the company. American Foils Inc. is engaged in the business of manufacturing of Aluminium Pans / Rolls / Containers / Foils etc. This acquisition would...

Aluminum Castings ships parts for Navy gig
19 MAR 20124MINS

Aluminum Castings ships parts for Navy gig

A Galesburg company that last month announced a $2 million expansion, with the addition of 16-26 jobs over the next two years, is among the firms benefitting from a $300,000 contract Honsa Ergonomic Technologies Inc. of the Quad Cities received from the U.S. Navy. A news conference officially...

State eyes aid to possible Century Aluminum restart
16 MAR 20122MINS

State eyes aid to possible Century Aluminum restart

West Virginia may offer a tax break worth up to $20 million annually to help Century Aluminum restart its Jackson County smelter, but officials say any such aid depends on retirees resolving an impasse over their revoked health benefits with a Thursday vote. Lawmakers, aides to Gov. Earl Ray...

Kaiser-Mead site sold for redevelopment
16 MAR 20124MINS

Kaiser-Mead site sold for redevelopment

A California company that acquires and converts abandoned industrial sites has paid $1.5 million for the sprawling former Kaiser-Mead smelter operation in north Spokane. New Mill Capital LLC plans to convert some of the remaining buildings on the 183-acre site into usable industrial locations for...

California Firm Buys Kaiser Smelter
14 MAR 20121MINS

California Firm Buys Kaiser Smelter

A California company that acquires old industrial locations has paid $1.5 million for the former Kaiser Mead smelter operation. New Mill Capital, LLC, plans to convert some of the existing buildings on the 183-acre North Spokane site into usable industrial locations for new tenants, said Gregory...

Alcoa to Develop Enhanced Welding Techniques for the Navy
14 MAR 20121MINS

Alcoa to Develop Enhanced Welding Techniques for the Navy

Alcoa, a manufacturer of primary aluminum, fabricated aluminum and alumina, has received a $2.1 million contract from the U.S. Navy to develop advanced welding technologies to decrease aluminum-intensive shipbuilding costs. A collaboration program has been developed by scientists at New Kensington,...

US Aluminum Premiums Hit 9 cts/lb; Near Record High
14 MAR 20124MINS

US Aluminum Premiums Hit 9 cts/lb; Near Record High

Midwest aluminum premiums for prompt delivery hit 9 cents per lb, closing in on a record set last May, as buyers pay ever-higher prices to compete with hefty warehouse incentives. The latest increase, spurred mostly by rising warehouse incentives rather than any meaningful pickup in demand, is...

US primary aluminum premium continues climbing as market eyes 9 cents/lb
12 MAR 20121MINS

US primary aluminum premium continues climbing as market eyes 9 cents/lb

P1020 aluminum premiums have continued strengthening this week, increasing 30 points from a week ago to hit a 10-month high of 8.6 cents/lb plus LME cash, Platts data showed Wednesday. The Platts premium rose another 10 points late Tuesday as traders and producers said they thought prices could...

Alcoa’s Shipbuilding Techniques Expected to Save Costs
11 MAR 20122MINS

Alcoa’s Shipbuilding Techniques Expected to Save Costs

Aluminum producer Alcoa Inc. will see its advanced shipbuilding techniques paying off in an initial $2.1 million U.S. Navy contract. Alcoa has been working on improving defense uses of aluminum and alloys and, in a statement, said its involvement will "provide a critical advantage to the Navy,...

MIT Aims To Prevent Contamination In Aluminum Recycling
08 MAR 20124MINS

MIT Aims To Prevent Contamination In Aluminum Recycling

Aluminum has long been the poster child of recycling. About half of all aluminum used in the United States is now recycled, and this recycling has clear and dramatic benefits: Pound for pound, it takes anywhere from nine to 18 times as much energy to produce aluminum from raw ore as from recycled...

Alcoa Expands Iowa Aluminum Plant Capacity to Meet Automotive Market’s Demand
08 MAR 20122MINS

Alcoa Expands Iowa Aluminum Plant Capacity to Meet Automotive Market’s Demand

Alcoa has celebrated a ground breaking ceremony to expand its Davenport Works facility located in Iowa in order to fulfill the automotive market’s growing demand for aluminum. Alcoa Davenport Works manufactures aluminum plates and sheets for use in a broad array of industries, including commercial...

North American service center aluminium shipments show growth YoY
22 FEB 20122MINS

North American service center aluminium shipments show growth YoY

January 2012 service center shipments continued to grow on YoY basis in both the US and Canada. In the US, steel shipments grew at 9.0% and growth in aluminum shipments was just over 10% In Canada steel shipments were up almost 3.0% year over year and aluminum shipments grew by over 16% from...

S&P affirms Noranda Aluminum Holding 'B+' rating
22 FEB 20128MINS

S&P affirms Noranda Aluminum Holding 'B+' rating

U.S.-based aluminum producer Noranda Aluminum Holding Corp. has announced that it is seeking to enter into a new $300 million senior secured term loan and a new $250 million asset-based revolving credit facility. We are affirming our 'B+' corporate credit rating on Noranda. We are assigning a 'BB-'...

Alcoa Celebrates the Redesign of Iconic Forging Press in Cleveland
19 FEB 20123MINS

Alcoa Celebrates the Redesign of Iconic Forging Press in Cleveland

Alcoa announced today the completion and restart of its redesigned 50,000-ton forging press at the company’s Cleveland Works. A $100 million dollar investment that Alcoa announced in 2009, the new press strengthens Alcoa’s position as the preeminent supplier of large aluminum, titanium, nickel and...