JV in Kentucky to Supply Aluminum Sheet to Auto Industry
Constellium N.V. and Japan’s UACJ Corp. signed a joint-venture agreement to supply body-in-white aluminum sheet to the North American automotive industry from a new facility in Bowling Green, Ky. The JV will have an initial target capacity of 100,000 metric tons of sheet per year supplied by cold-rolled coils from both partners’ rolling mills. The Bowling Green plant will be designed to allow for expansion beyond 100,000 tons. The total joint investment is expected to be approximately $150 million, and production is scheduled to start in the first half of 2016.