Alcoa Purchases Noranda Aluminum, Inc.'s Excel Extrusions Unit.Business Editors PITTSBURGH, Pa. and FRANKLIN, Tenn.--(BUSINESS WIRE)-- Jan. 7, 2000 Alcoa Inc. and Noranda Aluminum, Inc. announced today that Alcoa has purchased Excel Extrusions Inc., a subsidiary of Noranda Aluminum, Inc. located in Warren, Ohio Warren is a city in the U.S. state of Ohio and the county seat of Trumbull CountyGR6. The municipality is located in northeastern Ohio, approximately 14 miles (22 km) northwest of Youngstown and 15 miles (24 km) west of the Pennsylvania state line. . Noranda Aluminum is a part of Noranda Inc., the Toronto-based mining and metals company. Terms of the deal were not disclosed. Excel's plant has the capacity to produce 35 million pounds of soft-alloy aluminum extrusions per year, which are used primarily in the building and construction industries. The plant also has a vertical paint line, with a capacity of 24 million pounds per year. Excel employs about 200 people. It will become part of Alcoa Extruded Construction Products, one of Alcoa's 24 business units. Alcoa is the world's largest producer of primary aluminum, fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: aluminum and alumina alumina (əl `mĭnə) or aluminum oxide, Al2O3, chemical compound with m.p. about 2,000°C; and sp. gr. about 4.0. . It is active in all major segments of the industry: mining, refining, smelting smelting, in metallurgy, any process of melting or fusion, especially to extract a metal from its ore. Smelting processes vary in detail depending on the nature of the ore and the metal involved, but they are typified in the use of the blast furnace. , fabricating and recycling. Noranda Inc. is a leading international mining and metals company employing more than 18,000 people at its operations and offices around the world. Noranda Aluminum, Inc. has nine plants in the U.S. and one in Mexico that produce primary aluminum, aluminum foil Noun 1. aluminum foil - foil made of aluminum aluminium foil, tin foil foil - a piece of thin and flexible sheet metal; "the photographic film was wrapped in foil" and sheet and aluminum automotive wheels. |
|
||||||||||||||

`mĭnə)
Printer friendly
Cite/link
Email
Feedback
Reader Opinion