May 10, 2017

Aluminum Rolling Mill Planned in Kentucky

Braidy Industries will construct a new aluminum rolling mill in Eastern Kentucky to serve the automotive and aerospace markets. The 370,000-ton mill will produce series 5000, 6000 and 7000 aluminum sheet and plate products. Groundbreaking on the 370-acre, $1.3 billion facility in Greenup County, Ky., will occur in the first quarter of 2018. The mill is expected to open in 2020. The mill will feature 2.5 million square feet under roof. It will have rail access through the property, and has already obtained permitted barge service on the nearby Ohio River.

“We believe that a large scale greenfield investment in aluminum and other materials will create a substantial competitive advantage. We will do this by optimizing logistics on water, rail and highway, a non-union work force, no environmental legacy, no pension legacy, very low plant maintenance costs, industry leading electric cost infrastructure, state-of-the-art equipment and work process flow, and fewer employees per ton,” says Craig Bouchard, CEO of Braidy Industries and former executive with Esmark.

The Braidy rolling mill seeks to become the nation’s low-cost producer of high-quality auto body sheet aluminum, plate and ultra-high strength alloys for the aerospace industry. Braidy is exploring new scientific nano-crystaline technical advances capable of improving molten metal-based manufacturing, the company claims.

“Eastern Kentucky has significant competitive advantages, including its proximity to the leading automotive and aerospace customers, low energy costs and a skilled and available workforce for heavy manufacturing,” says Dr. Michael Porter, a board member and Harvard Business School faculty member.

The Kentucky investment will be followed by another acquisition involving advanced manufacturing of ultra-high-strength and lightweight parts for cars, airplanes and defense.

“By combining an advanced production capability with advanced metallurgical science, there is a great opportunity to reinvigorate metals manufacturing in the United States,” says Christopher Schuh, MIT metallurgist and member of the Braidy board of directors.


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Saturday, October 21, 2017