NEW YORK Bonnell Aluminum
Inc. will invest $17 million over the next 12 months to expand
extrusion capabilities at its Newnan, Ga., facility, the
company said Feb. 12.
The expansion will include a new
extrusion press intended to serve the growing automotive and
light truck segments. The press will be Bonnells fifth at
the Newnan site, marketing manager Guy Charpentier told
"Looking at what experts are
saying in terms of the growth markets, automotive offers quite
a lot of opportunities out there for aluminum extrusions in
general," Charpentier said. "We understand the quality
requirements of these manufactures are very, very different
than other markets, so its a specialty, and our plan is
to make sure were doing it the right way."
Charpentier declined to comment
on targeted volumes or on the expected diameter of the press,
noting that the company expects to make a final decision on
press size in the next two weeks. Once it finalizes those
plans, Bonnell expects to break ground on the building
expansion shortly, with a goal of ramping up the new press in
"The project needs to start
fairly soon in order to deliver ... by the first quarter of
2014, so were on a schedule right now," he said. "Now the
real work starts."
further push into the automotive sector comes at a time when
one of its traditional end-use marketsresidential
building and constructionremains relatively weak. Last
year, Bonnell, a subsidiary of Tredegar Corp., announced plans
to shutter its construction-focused extrusion plant in
Kentland, Ind., noting the plant had been operating at a loss
for several years (
amm.com, Feb. 2, 2012).
In October, Bonnell continued
its drive to expand its exposure to nonconstruction end-use
markets, purchasing competitor Aacoa Inc., which primarily
serves the consumer durables, transportation, machinery and
equipment markets (
amm.com, Oct. 1).