News
Aleris to Acquire Nichols Aluminum.
Issued at 2014-02-14
Tweet
Aleris signed a definitive agreement to acquire Nichols Aluminum, a wholly owned subsidiary of Quanex Building Products Corp. and a leading producer of aluminum sheet for several key industries across North America, for $110 million. The deal includes two production facilities in Davenport, Iowa, as well as facilities in Decatur, Ala., and Lincolnshire, Ill. Upon close of the transaction, Nichols Aluminum will become part of Aleris' Rolled Products North America business, adding more than 500 employees to the team. Cleveland, Ohio-based Aleris, a global leader in aluminum rolled products and extrusions, operates approximately 40 production facilities in North America, Europe and Asia
Source: Industrial Heating
Tweet
Related News
- Brazil and China should cooperate in the field of environmentally friendly steel: study
- Germany increased steel production by 4.8% y/y in February
- Global high-grade iron ore market is set to grow
- Global iron ore exports rise modestly in CY'25 as Brazil drives growth
- Iron ore prices rose by nearly 7% in March amid supply risks
- China expands restrictions on iron ore imports from BHP
- Germany - Trimet Aluminium’s Essen foundry reaches 10 million tonnes aluminium casting milestone
- Here's the Top 15 List of Pig Iron Companies 2026
- See all News
