Mercer International has reached restructuring support agreements to cut debt via a prepackaged Chapter 11 filing, exchanging about USD 1.1 billion of senior notes for equity and securing USD 400 million in new capital. The plan is expected to be completed by end-2026.
Canada's Seatply, a Montreal furniture components producer, plans to buy Autumn House, a curved plywood maker in Granite Falls, North Carolina. It will spend several million dollars on new machinery at the plant.
Novelis, a Hindalco subsidiary, is building a 600 KT greenfield aluminium rolling and recycling plant at Bay Minette, Alabama, now expected to cost around $5 billion. About two-thirds of output is to serve North American beverage packaging, under long-term customer contracts.
Western Steel plans a processing and fabrication facility in Fernley, Nevada, as part of state-approved projects announced on 14 August 2026. Investment and job figures for this project were not included in the article excerpt.
Victaulic broke ground on a new facility at its existing foundry in Lawrenceville, Pennsylvania, on July 30, 2026. The $100 million investment is expected to create over 200 new jobs.
Somnigroup International agreed to acquire Leggett & Platt in an all-stock transaction valued at about $2.5 billion, with Leggett & Platt shareholders receiving 0.1455 Somnigroup shares per share. The deal is expected to close by year-end 2026, subject to approvals.
Reliance subsidiary AMI Metals was awarded a five-year IDIQ contract with a maximum value of $654 million to process aluminum plate for multiple Lockheed Martin defense platforms, including the F-35, from January 2027 through December 2028.
Reliance subsidiary AMI Metals was awarded a multi-year contract by the US Department of Homeland Security worth up to $2.24 billion to supply and logistically support steel bollards and plates for the Southwest border wall, running through December 2028.
Custom Pipe & Fabrication, Inc. completed its acquisition of ProFab Corporation, a Lubbock, Texas stainless and carbon steel fabricator serving pump manufacturers. The deal expands Custom Pipe's pump fabrication and machining capacity.
Vallourec committed at least $39 million, up to $48 million, to add a VAM premium threading line at its Youngstown, Ohio facility. The project will create 40 full-time jobs, with completion expected by early 2027.
Clow Valve, part of McWane, unveiled an $80 million, 36,000 square-foot foundry expansion in Oskaloosa, Iowa, which nearly doubles its production capacity. The project broke ground in 2023.
Clow Valve, part of McWane, held a ceremony opening its $80 million, 36,000-square-foot foundry expansion in Oskaloosa, Iowa. The expansion nearly doubles production capacity, retains area jobs and automates foundry control systems.
Novelis, a subsidiary of Hindalco, said in its quarterly earnings release that its $4.1 billion greenfield rolling and recycling plant in Bay Minette, Alabama is progressing, with equipment being installed and operations expected in the second half of calendar 2026.
Welspun Corp won a $580 million contract to supply coated line pipe for a natural gas pipeline network in the Permian Basin of western Texas, to be produced at its US subsidiary Welspun Tubular LLC. Deliveries are expected in fiscal 2028-29. The article's date details are internally inconsistent.
Tyler Union, a McWane company, held a ribbon cutting for its new 53,000-square-foot large diameter foundry in Anniston, Alabama, at a cost of about $25 million. The project is projected to create 15 to 25 additional jobs.
Tecnocap plans to invest $4.5 million to buy and renovate a facility in Bellaire, Ohio, consolidating operations for its metal closure manufacturing and creating an estimated 29 jobs.
ArcelorMittal has made a $1.2 billion investment to build an advanced non-grain-oriented electrical steel manufacturing facility in Alabama. The plant will produce up to 150,000 metric tons of NOES annually.
Welspun Tubular LLC, a subsidiary of Welspun Corp, announced a $100 million investment to expand and upgrade its pipe portfolio at its Little Rock, Arkansas plant, adding 175 jobs with production expected from Q1 2026.
Geis Development is constructing a 220,000-square-foot manufacturing facility for Viega in Shalersville, Ohio, representing about $200 million of investment. Construction began in November 2023 and completion is expected in early 2025.
Victaulic announced a $100 million expansion in Tioga County, Pennsylvania, adding a 150,000-square-foot foundry addition and a 60,000-square-foot CNC machine shop, with at least 214 new jobs. The Commonwealth of Pennsylvania is investing $1.5 million in the project, announced on 2 July 2024.
A.Y. McDonald plans a $340 million project in Grant County, Wisconsin, including a new brass foundry in Dickeyville, scheduled for production in 2026, and expansion at its Kieler plant. The project is expected to create 173 jobs over five years.
Novelis signed a contract to supply aluminum beverage packaging sheet to Ardagh Metal Packaging's metal production facilities in North America. It is the third major beverage packaging contract Novelis has signed in under seven months.
GF Central Plastics broke ground on a new 150,000-square-foot manufacturing facility at 41401 Wolverine Road in Shawnee, Oklahoma. The $30 million investment is expected to create up to 300 full-time jobs upon opening.
Charlotte Pipe and Foundry held the grand opening of a new $460 million foundry in Oakboro, North Carolina, on 700 acres in Stanly County. It replaces the company's century-old Uptown Charlotte cast iron foundry.
Viega will build a new manufacturing facility in Shalersville, Ohio, about 40 miles southeast of Cleveland, to make its ProPress and MegaPress metal pipe fittings and valves. The investment is approximately $200 million.
Summit Steel & Manufacturing, Fairlawn Tool, Laser Specialties and Summit Storage Solutions announced the formation of a single manufacturing entity, Caldera Manufacturing Group, in October 2023.
Novelis signed an anchor customer contract with Ball Corporation in early 2023 to supply aluminum beverage can sheet from its new Bay Minette, Alabama plant, which has secured all of that plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
Novelis signed a long-term anchor customer contract with Ball Corporation to supply aluminum can sheet from its new Bay Minette, Alabama plant, which has secured all of the plant's beverage can capacity. The plant is expected to begin commissioning in 2025.
Clow Valve, part of McWane Inc., began construction to expand its Oskaloosa, Iowa iron foundry with a $75 million investment adding 36,000 square feet. The project replaces manufacturing equipment up to 45 years old and is expected to nearly double production output.
A.Y. McDonald broke ground on a new brass foundry in Dickeyville, Wisconsin, expected to employ about 150 workers at initial capacity and be fully operational by summer 2026. The cost was described as nine figures but not disclosed.
Sypris Technologies, a subsidiary of Sypris Solutions, received an order to supply 72-inch insulated joints for the expansion of the Atoka Water Pipeline for the Oklahoma City Water Utilities Trust. Shipments run from 2023 to 2024 and terms were not disclosed.
Novelis signed a new long-term contract to supply aluminum can sheet to Coca-Cola's authorized North American bottlers via CCBSS, with supply partly from its Bay Minette, Alabama plant under construction and due to commission in 2025. The deal includes closed-loop recycling and a confidential multi-year volume.
Victaulic acquired Horizon Metals Inc., a family-owned iron and steel foundry in Nephi, Utah, on March 30, 2023 to add large-diameter piping capacity in North America.
WestRock agreed to divest its ownership interest in RTS Packaging to joint venture partner Sonoco for $330 million, and to sell its Eaton, Indiana and Aurora, Illinois uncoated recycled paperboard mills to Ox Industries for $50 million. Closing is expected in the first half of 2023.
Novelis has started construction of a $2.5bn aluminium recycling and rolling facility in Bay Minette, Alabama, which is scheduled for commissioning in mid-2025 and will initially process 600,000t of finished aluminium a year. The company expects to create up to 1,000 jobs.
Manna Capital Partners will build and operate an aluminum can sheet rolling mill and recycling center in Los Lunas, New Mexico, in alliance with Ball Corporation, which will sign a long-term supply agreement and take a minority equity stake in the mill.
Welspun Corp received an order worth more than ₹5,000 crore to supply 325,000 MT of large-diameter coated pipes for natural gas transport from the Permian Basin to Houston. The pipes will be made at its Little Rock plant, with execution over 12 months from the second half of FY23.
Titan Steel Door will invest more than $11 million to open a new manufacturing facility of over 145,000 square feet in Hartwell, Hart County, Georgia. The expansion will create 90 new jobs and add detention steel door, frame, wall and ceiling production.
Vallourec was awarded a contract by BOE Exploration & Production to supply OCTG products for the Shenandoah deepwater project offshore Louisiana. Drilling is expected to begin in Q3 2022 with first oil in Q4 2024.
Ljungstrom will manufacture steel foundation components for the Sunrise Wind offshore project at its Wellsville plant, with at least 100 jobs expected in Western New York; the wider $86 million supply contract went to Riggs Distler.
Novelis is investing more than $7 million to hire 37 new employees and restart idled equipment at its Terre Haute, Indiana plant, which will produce aluminium for household foil later this year.
Sypris Technologies received orders for specialty high-pressure closures for the Golden Pass LNG Export project in Texas and the Cherry Point Refinery renewable diesel project in Washington state. Shipments are expected in 2021; terms were not disclosed.
Sypris Technologies received an order for Tube Turns Tool-less closures for filtration systems to upgrade the Cherry Point Refinery's renewable diesel optimization project in Washington state. Shipments are expected in 2021; terms were not disclosed.
Sypris Technologies, a subsidiary of Sypris Solutions, received orders for specialty Tube Turns D-bolt closures for filtration systems at three new compressor stations in the $10 billion Golden Pass LNG Export project in Sabine Pass, Texas. Shipments are expected in 2021; terms were not disclosed.
Arconic signed contracts worth US$1.5 billion to supply aluminium can sheet to six canmakers, returning to the US canstock market after five years.
Mayville Engineering Company finalized plans to open a roughly 450,000 sq ft leased manufacturing facility in Hazel Park, Michigan, to serve a new strategic customer, planning to hire up to 390 employees and invest $35-45 million.
Kaiser Aluminum has completed its acquisition of Alcoa Warrick LLC, which holds the Warrick Rolling Mill, from Alcoa for $670 million. The deal closed on March 31, 2021 and was announced on 2021-04-01.
Sypris Technologies, a subsidiary of Sypris Solutions, received an order for Tube Turns D-bolt high-pressure closures for the Anchor Field development in the Gulf of Mexico. Production started immediately, with completion expected before year-end 2021. Terms were not disclosed.
Kaiser Aluminum agreed to acquire the Warrick Rolling Mill, Alcoa Warrick, from Alcoa Corporation for $670 million. The aluminium beverage and food can stock plant is located near Evansville, Indiana, and was announced on December 1, 2020.
SPIG Industry, a highway guardrail manufacturer, will invest $7.9 million to expand its operation in the Bristol-Washington County Industrial Park in Virginia, building three production plants and a welding shop and hiring 113 people.