Constellium seeks buyer for French hard-alloy billet plant

Jul 19, 2013 | 11:49 AM | Michael Cowden

Tags  Constellium, Sabart, hard-alloy billet, divestiture, sale, noncore, aluminum, Michael Cowden

CHICAGO — Constellium NV is considering a sale of its hard-alloy billet plant in Sabart, France, as it looks to focus on "core" rolling and extrusions operations.

The Paris-based aluminum company said the Sabart facility had only "limited synergies" with its core businesses and it is seeking a buyer that would continue to develop the plant, but said....

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