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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