# Rusal and Braidy Industries to build aluminum plant in Ashland, Kentucky

Rusal and Braidy Industries signed an agreement to build an aluminum flat-rolled products plant in Ashland, Kentucky. Rusal will invest $200 million for a 40% stake, and the plant is expected to start operations in 2020.

- Type: New facility
- Announced: 2019-07-05
- Where: Ashland, Kentucky, United States
- Value: $200.0M
- Jobs: 600
- Starts operating: 2020
- Status: announced
- Capacity: 500,000 tonnes of hot-rolled coil and 300,000 tonnes of cold-rolled finished product per year
- Products: flat-rolled aluminum products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [RUSAL](https://endata.com/companies/15292.md)
- [Braidy Industries](https://endata.com/companies/23234.md) (partner)

## Sources

- [interfax.ru](https://www.interfax.ru/business/668093), 2019-07-05: "Инвестиции "РусАла" в проект составят $200 млн, уточняла компания ранее."
- [inforos.com](https://inforos.com/news/94558-rusal-i-braidy-industries-podpisali-soglasheniya-po-zavodu-v-kentukki), 2019-07-05: "Доля "Русала" в проекте составит 40%, компания вложит в СП 200 млн долларов."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.