Talco begins production at former British Petroleum plant.
Philadelphia-based Talco Metals began anode production in mid-July at British Petroleum's former Chase Brass facility in Shelby, NC.
Talco recently finalized the purchase of the plant from British Petroleum for an undisclosed amount. The 160,000-sq-ft operation has been renamed metals-America.
Talco bought the plant to increase its capabilities in anode production for the metal finishing and electronics industries. The firm also will develop new products in the areas of copper, brass and nickel alloy in rod, bar, wire and strip forms.
Estimated production may exceed 10 million pounds monthly. Additional business will result from tolling contracts for the plant's hot rolling, cold rolling, casting, slitting and chemical processing operations, said Stephen Wright, Talco vice president.
British Petroleum, which had invested more than $67 million in the facility, manufactured brass and copper narrow strip for the electronics and related industries at the plant.
The metals-America plant will have up to 100 full-time employees when full-scale manufacturing comes on-line within the first year.
Talco is one of the world's largest manufacturers and suppliers of metals and metallic salts to the metal finishing and electronics industries.
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|Title Annotation:||Talco Metals|
|Date:||Sep 1, 1990|
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