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Private firm buys Aluminum Shapes

Keywords: Tags  Aluminum Shapes, Signature Aluminum Canada, extrusions, billet

NEW YORK — Global Aluminum (USA) Inc. has purchased the plants and related assets of Pennsauken, N.J.-based Aluminum Shapes LLC and Pickering, Ontario-based Signature Aluminum Canada Inc.

The purchase closed on Dec. 4. The terms of the deal were not disclosed.

Walnut, Calif.-based Global Aluminum intends to make "significant" capital investments to the facilities, including new extrusion presses and billet casting equipment, according to a statement from Aluminum Shapes.

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