NewsArticles
Minimize


Feb. 5, 2014

Constellium, Tri-Arrows Plan Auto Joint Venture
 
French aluminum company Constellium and Louisville, Ky.-based Tri-Arrows Aluminum, a subsidiary of UACJ Corp., plan to create a joint venture company in the United States to serve the North American automotive market. The venture is expected to include a continuous heat treatment and conversion line with an initial target capacity of 100,000 tons supplied by cold-rolled coils from both partners' rolling mills.

The proposed facility is designed to allow for expansion beyond 100,000 tons. The total joint investment by both parties is estimated to be $150 million.

"Automakers in the United States have already started to convert key models from steel to aluminum, which we believe should translate into a significant increase in demand. We estimate that the U.S. market for body-in-white aluminum rolled products could grow from less than 100,000 tons in 2012 to approximately 1 million tons in 2020," says Laurent Musy, president of Constellium's packaging and automotive rolled products business unit. "Constellium expects to benefit from this significant growth potential. UACJ is the ideal partner for us to serve U.S. customers with high-quality automotive sheets for body-in-white applications like hoods, doors, roofs and structural parts of cars and trucks."

Constellium will own 51 percent of the equity in the joint venture. Constellium and UACJ are working toward signing a definitive agreement in the first half of 2014.

"The goal of this joint venture is to support the ambitious lightweighting programs of the automotive manufacturers in the United States. Taking into account our joint expertise in body-in-white production and strong relationships with key original equipment manufacturers in each market, we believe a joint venture between UACJ and Constellium is the optimal route to pursue this business opportunity," says Mitsuru Okada, CEO of UACJ, Tokyo.

From the Editor's Desk
Minimize
October 2014: It's Your Job to Help Fill the Skills Gap
More...
 
Pause
Business Practices and Technologies
Minimize
October 2014: Mixed Outlook for Global Metals Prices
More...
The Cutting Edge, a service center technology supplement to Metal Center News
More...
Summer 2014
More...
 
Pause
New Products
Minimize
Trumpf Expands Range on TruMark 5000 Series
More...
Koike Aronson Debuts New Plasma Cutter
More...
Miyachi Unitek's Sigma XY
More...
New TMC is Messer's Largest Cutting Machine
More...
Laserdyne 795 XLZ Designed for 3D Parts
More...
Mazak's STX Champion Cuts Thick Sheets
More...
 
Pause
Directories
Minimize
Metal Center News 2014 Directories: Print or Digital copies are available for $85 U.S. for each copy.
 

 
2014 Metal Distribution Directory  
(Not Published on This Web site)
Metal Center News' Spring Metal Distribution Directory is your on-line guide to Metal Producers, Equipment Manufacturers and Software companies.  



 
2014 Directory of Master Distributors
(Not Published on This Web site)
The Metal Center News Directory of Master Distributors—distributors who sell to other distributors—is an invaluable tool for service centers seeking new sources for special or hard-to-find products. Master distributors play an important role in the marketplace, giving service centers an alternative to buying in mill quantities and helping to remove redundant and excess inventories from the distribution channel.



 
2014 Directory of Toll Processors
(Not Published on This Web site)
Metal Center News' annual toll processing directory is a simple-to-use resource to help companies locate service providers that can meet their specific processing needs.


Privacy Statement  |  Terms Of Use
Copyright by Metal Center News



Friday, November 21, 2014