Gränges, a leading global supplier of rolled aluminium products for heat exchanger applications and other niche markets, has planned to spend USD 110 million for the expansion of its aluminium rolling operation in Huntingdon, Tennessee.
“The expansion in Huntingdon marks the next step in our strategic growth plan for the North American market. Gränges has built a strong reputation in the aluminium rolling industry, and this expansion allows us to further support our customers’ growth”, says Gränges CEO Johan Menckel.
The expansion includes investment in buildings, casters, cold rolling mills, annealing furnaces and slitters. The company’s Huntingdon capacity will increase from about 160 ktonnes to nearly 200 ktonnes per year. This is the second major investment in Huntingdon since 2000. The project is estimated to take approximately two years to complete.
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“The investment represents a long-term commitment to our customers, employees and shareholders as we grow in support of our strategic markets”, says Gränges Americas President, Patrick Lawlor.
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