New owner to grow Aluminum Shapes

Dec 07, 2012 | 03:04 PM | Samuel Frizell

Tags  Global Aluminum (USA), Aluminum Shapes, Signature Aluminum Canada, Ted Riddle, extrusion press, Johnson Shao, acquisition, Samuel Frizell

NEW YORK — Global Aluminum (USA) Inc.’s acquisition of Aluminum Shapes LLC and Signature Aluminum Canada Inc. will give the operations access to increased capital and liquidity for long-term investment, a company executive told AMM.

Newly formed Global Aluminum, a privately held company based in Walnut, Calif., originally intended to build its own casting operation but decided instead to buy Delair, N.J.-based Aluminum Shapes and Pickering, Ontario-based Signature Aluminum, said Ted Riddle, chief executive officer of the two acquired companies.....

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