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Aleris Expansion

By Clip Syndicate
Kentucky is the #1 leading aluminum manufacture in the USA> Video: Aleris Expansion
Kentucky is the #1 leading aluminum manufacture in the USA> Thu, 16 Nov 2017 23:04:51 +0000 Aleris Expansion Kentucky is the #1 leading aluminum manufacture in the USA> WEVV one of the worlds leading aluminum manufactures... makes a huge announcement today. aleris corporation and local leaders ... are expanding in lewisport kentucky. the automotive manufacturer .. will keep nearly one thousand kentuckians employed. 44news reporter chris mastrobuono joins us now in studio with what this project means. chris. eli and shelby. aleris is a privately held, global leader in aluminum rolled products, aluminum recycling and specification alloy products. today the ribbion was cut on a $400 million dollar extension in hancock county, kentucky. "what a beautiful building, what a day in hancock county." it was a project which took just 3 years to complete- aleris officials made the announcement at the 1.6 million square foot mill. aleris operates a total of 13 production facilities in north america, europe and asia. in april - the kentucky economic development finance authority gave aleris up to $11 million in tax incentives through the kentucky reinvestment act. this expansion includes 2 continuous annealing lines and a wide cold mill. in addition the project brings expertise in specialized heat treatment- a process used at aleris' belgium facility. "i'm truly proud of our accomplishment in the sense of being apart of something that is truly game changing and not just game-changing. but a once in a generation opportunity for the folks here in the plant but also for the community." kentucky has become a hotbed for aluminum manufacturing across north america. the new plant features allow capacity to manufacture high-quality rolled alloy sheets for the north american automotive industry. with increasing federal standards, automakers face for greater fuel economy and lower emissions - aleris officials knew they had to adapt. "aluminum is the material of choice to do that, and so you're replacing heavier steel with more lighter full efficient aluminum, that's what's created this huge demand in the marketplace and that's for many years to come." the lewisport plant has been around for nearly 50 years- having gone through numerous name changes. the latest being aleris. officials say this expansion will have far reaching effects for generations to come in hancock county. "it brings a more brighter and certain future, it bring exciting innovative products driven by industry leading research and development. and most important and more importantly it brings stability. this is core for what we are trying to achieve here in lewisport." the expansion will help aleris maintain it's nearly 1000-person workforce. helping to keep kentucky flourishing in the aluminum industry. chris mastrobuono, 44news.

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