Ormet seeks buyer for Ohio mill

Feb 18, 2014 | 05:15 PM | Michael Cowden

Tags  Ormet, aluminum smelter, Hannibal plant, Calibre Group, stalking horse, Michael Cowden

CHICAGO — Ormet Corp. is seeking a buyer for its Hannibal, Ohio, smelter as it predicts the plant could benefit from expected strong automotive and aerospace demand.

The bankrupt aluminum producer, whose smelter sports a capacity of 270,000 tonnes per year, said a buyer would also gain from what the company sees as a shortage of U.S. primary aluminum production.....

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