Extruded Aluminum Corporation

Metra S.p.A., a portfolio company of KPS Capital Partners, completed the acquisition of Belding Machinery and Equipment Leasing, LLC and its subsidiaries (Extruded Aluminum Corporation), a U.S. manufacturer of custom extruded aluminum profiles. Financial terms were not disclosed.

Extruded Aluminum Corporation (EAC) is expanding its Belding, Michigan facility with a nearly $35 million capital expansion, adding 180,000 square feet and one of the largest aluminum presses in Michigan, supported by a long-term partnership with ARRAY Technologies. The expansion is expected to add 35-40 new jobs.

Extruded Aluminum Corporation (EAC) announced a $30.4 million expansion of its Otisco Township, Michigan facility, creating 38 high-wage jobs. The expansion will add a 14-acre lot for additional production, handling, and processing equipment.