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Matalco invests $53.5M in new aluminum remelt facility in Kentucky · Endata

◂ Announcements

May 11, 2021NEW FACILITYFranklin, Kentucky, United States

Matalco invests $53.5M in new aluminum remelt facility in Kentucky

Matalco Inc. is investing $53.5 million to build a new remelt facility in Franklin, Kentucky, that will produce 270 million lbs of aluminum alloy billet and slab per year. The company ordered furnaces from Gillespie & Powers Inc. for the site.

Value

$53.5M

Starts operating

Jul 2022

Status

Under construction

Capacity

270 million lbs of aluminum alloy billet and slab per year

Productsaluminum alloy billetaluminum alloy slab

CompaniesMatalco Gillespie & Powers supplier

Sectors#Steel and Metal Products

“Matalco Inc., a division of the Giampaolo Group of Companies, is currently investing $53.5 million in the construction of a new remelt facility in Franklin, Kentucky.”lightmetalage.com

1 source
lightmetalage.comMatalco Orders Aluminum Furnaces for New Kentucky Site - Light Metal Age MagazineAndrea SvendsenMay 11, 2021

Summarized from public sources; check the original articles before acting on it.

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Aug 30, 2021NEW FACILITYWisconsin Rapids, Wisconsin, United States$80.0M80 jobsops 30 Aug 2021
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Nov 18, 2019NEW FACILITYWisconsin Rapids, Wisconsin, United States$80.0M80 jobs
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