Kaiser Aluminum completes agreement to buy Alexco assets

Tuesday, Jan 04, 2011
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FOOTHILL RANCH, Calif. (AP) - Kaiser Aluminum Corp. said Monday that it has completed a deal to buy substantially all of the assets of manufacturer Alexco LLC.


Financial terms of the deal were not disclosed.


Alexco, based in Chandler, Ariz., makes hard alloy extrusions for the aerospace industry.


Shares in Kaiser Aluminum added 48 cents to $50.57 on Monday.

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