Metal Center News

JAN 2018

Metal Center services the metal center and toll processor industry.

Issue link: http://metalcenternewsdigital.epubxp.com/i/927282

Contents of this Issue

Navigation

Page 40 of 48

Metal Industry News 40 ❘ Metal Center News — January 2018 www.metalcenternews.com PEOPLE become the market leader in the Brazil- ian extrusion market." Completion of the transaction is subject regulatory and antitrust re- views in Brazil. Both companies say they expect the deal to close in the first half of 2018. Alcoa Closing Two Smelters Alcoa intends to permanently close its Rockdale Operations smelting site in Texas, which has been fully cur- tailed since the end of 2008. The site includes a primary aluminum smelter and casthouse, an aluminum powder plant and associated buildings and equipment. Alcoa's strategic review of these assets, announced earlier this year, concluded that these operations have limited economic prospects. Sep- arately, the company continues to mar- ket for sale more than 30,000 acres of land at the Rockdale site. The company will also divest the Portovesme primary aluminum smelter in Italy. Activity at the facility has been curtailed since 2012. "We continuously evaluate our portfolio of global assets against many factors to optimize value," says Presi- dent and CEO Roy Harvey. "Achiev- ing a resolution on these two assets further streamlines our company as we continue to execute against our strate- gic priorities." N Steve West has been promoted to vice president of engineered products at Chicago Tube and Iron Company , Romeoville, Ill., effective Jan. 1. West will be responsible for growing sales and improving production efficiency for general line fabrication, laser, produc- tion cutting and power at CTI facilities in Romeoville, Locust, N.C., and Owa- tonna, Minn. Also, Raul Saucedo has been promoted to the newly created position of operations manager of CTI's Romeoville warehouse effective Jan. 1. N Kent Brown been appointed president and CEO of O'Neal Manu- facturing Services , Birmingham, Ala. Current president Larry Whitehead will remain until Dec. 31 to ensure a smooth transition. N The Wagner Companies has hired Michael Dover as the new president of the Milwaukee-based manufacturer of architectural railing systems and custom metal products. Dover replaces former president Rick Kettler , who retired after 18 years with the company. N Sarah Rowley has been appointed marketing coordinator for Behringer Saws , Morgantown, Pa. of mills within the marketplace. Despite not owning its own paint lines, Liberty Steel sells prepainted steel to a variety of end users. "From a supply standpoint, having the ability to go to a mill that also does coil coating, if you want to buy a single-invoice prepainted package, it's good to have that op- tion," he says. "But it also does create a little more competi- tion here because now some of those mills, if they choose, can go out and call directly on some of our end customers." In 2018, the prepaint market could benefit from potential trade restriction on foreign metal, as well the recent hurri- canes in Florida and Houston and ongoing wildfires in Cali- fornia. "Unfortunately, we've had some significant natural disasters that are going to contribute to considerable market demand next year for coil-coated products," says Noble. "I don't think anybody fully understands the economic impact of all of that natural disaster activity yet. But if I had to put a number out, I would estimate 10-12 percent." Removing both of these factors, the prepaint market is still poised for growth in 2018. Continued recovery in the construction market, as well as increased application of pre- painted metal in a number of product categories, is setting the stage for another good year. "If building and construction continues to grow, then the prepaint market will continue to grow overall," says Lanza. N Prepaint Outlook (continued from page 25)

Articles in this issue

Links on this page

view archives of Metal Center News - JAN 2018