Constellium plans venture to supply auto sheet
Jan 23, 2014 | 12:42 PM
| Michael Cowden
CHICAGO Constellium NV and UACJ Corp. plan to form a joint venture to supply aluminum auto body sheet to meet expected demand growth in North America.
The Paris-based aluminum products maker and UACJ, Japans largest rolled sheet producer, said in a statement Jan. 23 they would invest $150 million in a facility expected to have initial capacity of 100,000 tons with room to grow. A location has not yet been chosen.
The move comes as automakers in the United States are expected to convert mass-produced models to aluminum from steel, spearheaded by Dearborn, Mich.-based Ford Motor Co.s announcement that its F-150 pickup will have an aluminum body starting with the 2015 model (amm.com, Jan. 13).....
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