Kaiser earnings bolstered by aero, auto
Feb 18, 2014 | 02:17 PM
| Michael Cowden
CHICAGO Strong shipments of aerospace plate and record growth in automotive extrusions bolstered Kaiser Aluminum Corp.s results otherwise dented by a glut in other products.
An inventory "overhang" in non-plate aerospace products hurt earnings in 2013 and the Foothill Ranch, Calif.-based company warned that bloated aerospace plate stocksexpected to drag on 2014 resultscould drive down prices for aerospace and general engineering plate.....
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