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Metal Exchange Corporation (MEC) and Novellini Industries Srl formed a joint venture, novALmec, to supply secondary aluminum billets to the European market. The venture will expand Novellini's existing foundry in Mantova, Italy from 22,000 to 33,000 tonnes, with added production scheduled for early 2020.
“With this being our first investment in an overseas manufacturing facility, the selection of our partner was crucial.”lightmetalage.com
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