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
- American Foundry Society Announces Revised Board Succession Plan
- Metalurgia 2025 brings together launches, innovative technologies and services for the foundry chain
- Kuttner do Brasil and Kuttner No Bake Solutions bring the most advanced foundry equipment technologies to Metalurgia2025
- Metallurgy concentrates suppliers of inputs for diversified applications in the industry
- UK - Vesuvius Plc - Acquisition of the Molten Metal Systems business from Morgan Advanced Materials Plc
- Metallurgy Congress will have Technical Program focused on Process Improvement and use of AI
- Brazil launches WTO case over Trump’s tariffs
- Metallurgy brings together Innovations in Industrial Heating and Induction Systems
- See all News
