Constellium announced that the West Virginia Economic Development Authority approved partial financing of Constellium’s $35 million investment at its Ravenswood plant. The deal will contribute to the installation of a new, state-of-the-art 800-Kt furnace primarily dedicated to the manufacturing of advanced aluminum alloys. The pusher furnace is scheduled to start production in mid-2016 and is expected to significantly expand the plant’s ability to support the growth of Constellium’s aerospace customers.
According to Constellium, the pusher furnace will be a breakthrough for the Ravenswood plant in terms of homogenization capacity. The company will significantly increase its preheating capacity, a process step required to improve the workability of aluminum structures. This will allow Constellium to improve quality and increase output production across its entire product range.
The Ravenswood plant, which employs more than 1,000 workers, is one of the world’s largest facilities for the manufacturing of rolled aluminum products. It supplies aluminum to a wide range of international industries, including aerospace.