Welcome Guest to Coatings World    Login || Register
Last Updated Wednesday, May 22 2013
Print

Aleris to close its Toronto coil coating facilty



By Tim Wright



Published January 21, 2008
Aleris International, Inc. has announced that it will be permanently closing its Toronto, Ontario, Canada coil coating facility. Production will be phased-out during the first quarter of 2008 and the site will be permanently closed shortly thereafter.

The facility, which was acquired by Aleris when it acquired the downstream aluminum business of Corus plc in 2006, employs 64 people and supplies coated aluminum coil for building and construction, transportation, distribution and consumer durables applications. Aleris expects to take a restructuring charge of approximately $5 million to $6 million related to severance, shutdown costs and asset impairment. Production will be transferred to other Aleris facilities in North America.


blog comments powered by Disqus
Receive free Coatings World emails
Sign up now to receive the weekly newsletter, and more!

Enter your email address:
Company Spotlight
BASF Corporation
100 Campus Drive
Florham Park, NJ, 07932
US
View Profile
Micro Powders, Inc.
580 White Plains Rd.
Tarrytown, NY, 10591
US
View Profile
Follow Coatings World On