Beachwood, Ohio — Just three months after exiting bankruptcy, privately-held Aleris Corporation has shown increased sales and profits, including those from Coldwater operations.
Volumes increased 22 percent in the third quarter of 2010, compared to the third quarter of 2009, and revenues were $1.1 billion versus $816 million in 2009.
Net income for the third quarter of 2010 was $54 million, compared to a loss of $23 million for the third quarter of 2009.
The complete story appears in the Wednesday, Nov. 24, 2010 edition and is available at coldwaterdailyreporter.mi.newsmemory.com.
About Aleris
Aleris is a global leader in aluminum rolled products and extrusions, aluminum recycling and specification alloy production. Headquartered in Beachwood, Ohio, the company operates more than 40 production facilities in the Americas, Europe and Asia.
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