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Matalco buys aluminium remelt competitor Alexin


Matalco Inc has purchased aluminium billet remelt competitor Alexin LLC for an undisclosed amount, expanding its billet and slab capacity to more than 450,000 tonnes per year and its access to the automotive market.

“The integration of Alexin provides Matalco with increased product breadth, particularly in the growing automotive flat-rolled product market and specialty alloy billet markets,” Alexin president Tom Horter said. “Our combined facilities are well-positioned to turbocharge the group’s future product offerings and [production part approval processes] for speed to market in these growing niche areas while supporting other business possibilities to attain the ... medium- and long-term objectives” of Matalco parent company Giampaolo Group.

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