IBC Advanced Alloys Expanding in Indiana
By Metal Center News Staff
on Jul 19, 2021
U.S. Congressman Trey Hollingworth (R-Ind.) recently toured the ongoing expansion of IBC Advanced Alloys copper plant in Franklin, Ind.
IBC is progressing on a $5.5 million, 32,000-square-foot expansion of the Franklin plant. The project will allow the company to consolidate current copper foundry operations in Franklin from a plant in Pennsylvania. The expansion/consolidation project is expected to expand IBC’s manufacturing capabilities as well as generate significant fixed cost savings, executives said.
“The modernization and consolidation project is proceeding well, and we are very grateful for Congressman Hollingsworth’s continuing interest in and support of IBC’s operations,” said Mark A. Smith, CEO and chairman of IBC. “This project will help power a new era of growth and opportunity for IBC’s copper alloys division, and I am excited about the prospects for greater efficiencies, cost savings, and enhanced sales that this project should enable.”