Kentucky Governor Andy Beshear said that Commonwealth Rolled Products Inc. will invest in its Lewisport aluminum rolling mill with more than US$167 million.
The facility covers an area of 2.3 million square feet, with a large cast workshop and melt shop. It is now owned by American Industrial Partners (AIP), a New York-based private equity firm.
This investment includes the renovation of new equipment and the facility, which will help Commonwealth Rolled Products complete the investment project started in 2015, which involved an investment of more than US$750 million, making the Lewisport site become the most modern and cost-competitive automobile and common alloy sheet plant in the US.
Commonwealth Rolled Products to invest more than $167 million in Lewisport aluminium rolling mill
24 Dec 2021 16:10 reported by Joy Liu
- A
- A
- A