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REYNOLDS METALS ANNOUNCES PLANS FOR AUTOMOTIVE ALUMINUM FABRICATING PLANT

 REYNOLDS METALS ANNOUNCES PLANS
 FOR AUTOMOTIVE ALUMINUM FABRICATING PLANT
 AUBURN, Ind., Nov. 4 /PRNewswire/ -- Reynolds Metals Company (NYSE: RLM) today announced plans to build a $26 million fabricating plant here to meet growing demand for aluminum automotive applications.
 Plant construction is expected to begin on a 31-acre site within several months, pending final closing on the land along with the necessary permits and licenses. Plant startup is scheduled for late 1993.
 The new facility will produce aluminum extruded components such as bumper systems, door intrusion beams and sunroof tracks using technology developed by Reynolds International, Inc., a wholly owned subsidiary of Reynolds Metals.
 "We have been producing automotive components in Europe for many years," said Randolph N. Reynolds, president and chief executive officer of Reynolds International. "We look forward to implementing this technology at our new plant."
 Many of the components will be multi-hollow, thin-walled aluminum extrusions, which provide automakers with a strong, lightweight and recyclable material. Structural automotive extrusions also help manufacturers reduce the required number of parts, welds and fasteners.
 "As part of Reynolds growth strategy, we have identified the automotive industry as a key market with long-term potential," said Reynolds. "Our company has a long history of automotive innovations in aluminum, and this new facility reaffirms Reynolds commitment to the world's automakers."
 The 128,000-square foot facility will include a highly automated 3,000-ton capacity aluminum extrusion press, aging furnaces and specialty fabricating equipment. It will also feature an automobile crash simulation research station for further product development.
 Annual plant capacity will be approximately 14 million pounds. At peak capacity, the company expects the plant to employ about 120 people. Several employees from a Reynolds facility in Holland initially will be involved in operating the company's new Indiana plant.
 "We are extremely pleased that Reynolds Metals has chosen Auburn as the site for its new aluminum fabricating facility, and we are committed to helping the company grow and prosper in Indiana," said Indiana Gov. Evan Bayh.
 "Reynolds is the second-largest aluminum producer in the United States and the third largest in the world," said Bayh. "We're proud to have such a successful company locate an additional facility in Indiana."
 Reynolds, an innovator in aluminum automotive applications since the 1950s and one of the world's largest suppliers of aluminum to the automotive industry, pioneered development of aluminum grills, bumpers and the first all-aluminum engine block.
 Twenty-seven of Reynolds more than 100 plants worldwide are now supplying aluminum and aluminum fabricated products to many major automakers. The company currently produces aluminum cast wheels, wheel stock, door intrusion beams, bumper systems, drive shaft tubes, heat exchanger tubing, fin stock, body and brazing sheet and a wide variety of other semifabricated products.
 Total shipments by the company and its affiliates to the automotive, truck and trailer industry worldwide increased to 471 million pounds in 1991. Reynolds sales to this industry last year were $556 million.
 -0- 11/4/92
 /CONTACT: R. Terry Olbrysh of Reynolds Metals Company, 804-281-2258/
 (RLM) CO: Reynolds Metals Company ST: Indiana IN: MNG AUT SU:


TW -- DC012 -- 2442 11/04/92 11:32 EST
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Date:Nov 4, 1992
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