Who bought Aleris Lewisport KY?
American Industrial Partners (AIP)
Lewisport, KY, December 1, 2020 – On December 1st American Industrial Partners (AIP) completed its purchase of the former Aleris North American automotive and common alloy aluminum rolled products business which conducted its principal operations out of Lewisport, KY.
What does Commonwealth Rolled Products do?
We are a leading supplier of automotive body sheet to premium North American OEMs, providing them with high-quality, reliable, innovative solutions. Our high-value common alloy coil and sheet are used across a broad range of aluminum alloys and industrial applications.
Who owns Commonwealth rolled?
American Industrial Partners
Its new owner, American Industrial Partners, is an operationally oriented private equity firm that makes control investments in industrial businesses serving domestic and global markets.
Who bought Aleris?
Novelis
Novelis completed its acquisition of rolled aluminum producer Aleris in April.
Does Novelis own Aleris?
ATLANTA, April 14, 2020 — Novelis Inc., the world leader in aluminum rolling and recycling, today announced the completion of its acquisition of Aleris Corporation, a global supplier of rolled aluminum products.
When did Hindalco acquired Novelis?
15 May 2007
Indian aluminium giant Hindalco acquired Atlanta-based company Novelis, a world leader in aluminium rolling and flat-rolled aluminium products, on 15 May 2007. This acquisition was done to gain immediate scale and a global footprint.
Where is Novelis located?
Atlanta, Georgia
Novelis’ global headquarters is located in Atlanta, Georgia.
When did Hindalco acquire Aleris?
Hindalco first announced to acquire Aleris for $2.58 billion in July 2018 and managed to completed the deal now when the global economy is in doldrums caused by Covid-19 pandemic.
Is Novelis an American company?
Novelis Inc. is an American industrial aluminum company, headquartered in Atlanta, Georgia, United States. It is a subsidiary of multinational aluminium and copper manufacturing company Hindalco Industries. Novelis is a leading producer of rolled aluminum and the global leader in beverage can recycling.
Who are Novelis customers?
Our customers include some of the largest and best-known automotive, beverage can, architecture and consumer electronics brands in the world such as Coca-Cola, AB Inbev, Ford, Jaguar LandRover and Samsung.
What is the full form of Hindalco?
The Hindustan Aluminium Corporation Limited was established in 1958 by the Aditya Birla Group.
Is Hindalco a govt company?
Hindalco Industries Limited is a listed public company incorporated on 15 December, 1958. It is classified as a public limited company and is located in Mumbai, Maharashtra. It’s authorized share capital is INR 255.00 cr and the total paid-up capital is INR 224.72 cr.
Who is CEO of Hindalco?
Mr. Satish Pai is Managing Director of Hindalco Industries. He took over as the CEO of Hindalco’s Aluminium Business in August 2013.
What is the largest aluminum company?
Chalco Aluminum Corporation of China
Chalco. Aluminum Corporation of China (Chalco) is the world’s largest alumina producer and largest aluminium company by production volume, with operations in bauxite and coal mining, alumina refining and primary aluminium smelting.
Who is the founder of Hindalco?
Ghanshyam Das Birla
The company was founded by Ghanshyam Das Birla on December 15, 1958 and is headquartered in Mumbai, India.
Who is the largest aluminum producer in the United States?
In the U.S. aluminum rolled products sector, two producers continue to jockey for the top spot. Holding the No. 1 position—but only by a hair—is Pittsburgh-based Alcoa Inc., according to production data compiled by AMM.
Which aluminium brand is best?
Top 10 Aluminium companies in India
- HINDALCO. Hindalco is most profitable and the leading aluminium manufacturing company of India.
- NALCO.
- Bharat Aluminium Company Limited (BACL)
- Madras Aluminium Company.
- Indian Aluminium Company Limited (IACL)
- Kennametal India.
- Hindustan Zinc.
- Sujana Metal Products.
Which is the biggest company in Aditya Birla Group?
Hindalco Industries Limited It is the Largest in the list of aditya birla group subsidiaries based on Turnover.
Where is Aleris rolled products located?
Company Description: Aleris Rolled Products, LLC is located in Lewisport, KY, United States and is part of the Alumina and Aluminum Production and Processing Industry. Aleris Rolled Products, LLC has 825 total employees across all of its locations. External Website. Opens New Window
What happened to Aleris?
The former owner of the business, Novelis, was required to divest the Aleris North American automotive and common alloy aluminum rolled products business, including the Lewisport plant and Madison Heights, MI research facility to satisfy U.S. Department of Justice requirements.
What happened to AIP rolled products?
Under AIP ownership the business has been renamed Commonwealth Rolled Products. The Commonwealth name recognizes and builds on the over half-century legacy of the Lewisport based business.