FOOTHILL RANCH, Calif., Aug. 8, 2011 (GLOBE NEWSWIRE) -- Kaiser Aluminum Corporation (Nasdaq: KALU) today announced plans to further expand heat treat plate capacity at its Trentwood rolling mill in Spokane, Washington. The investment of approximately $21 million to debottleneck various processing centers is expected to increase the rolling mill's heat treat plate capacity approximately 5% as it comes on stream during 2013.
"This additional plate capacity demonstrates our commitment as a strategic supplier to our major commercial aircraft manufacturing and service center customers," said Jack A Hockema, President, CEO and Chairman. "The three-phase plate expansion completed in late 2008 broadened our capabilities and more than doubled our heat treat plate production capacity. These debottlenecking plans, enabled by our dedicated and supportive workforce, leverage our strong manufacturing platform at Trentwood to further increase plate capacity in anticipation of exceptionally strong aerospace build rates in the coming years," concluded Mr. Hockema.
Company Description
Kaiser Aluminum Corporation, headquartered in Foothill Ranch, Calif., is a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly-engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. The Company's North American facilities produce value-added sheet, plate, extrusions, rod, bar, tube and wire products, adhering to traditions of quality, innovation and service that have been key components of our culture since the Company was founded in 1946.
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