Kaiser Aluminum Corporation Announces $11M Expansion of Aerospace Extrusion Facility

Kaiser Aluminum Corporation KALU today announced it has commenced expansion of its Kaiser Alexco hard alloy aerospace extrusion facility in Chandler, Arizona. The investment of approximately $11 million is expected to be completed by year end and will provide additional extrusion and heat treat capacity to meet growing demand for these products in the marketplace. "Today's environment of unprecedented demand and growth in commercial aerospace offers a significant opportunity to leverage our manufacturing platform and market presence to drive growth," said Jack A Hockema, President, CEO and Chairman. "Hard alloy extruded shapes represent an important part of our broad product offering for aerospace applications, and the expansion of the facility will further enhance our position as a strategic supplier of aerospace extrusions in addition to value-added plate, sheet, cold finish products and drawn tube," concluded Mr. Hockema.