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Aleris to invest $350M to upgrade Kentucky aluminum rolling mill for anticipated growth in automotive demand

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Aleris will invest $350 million to upgrade capabilities at its aluminum rolling mill in Lewisport, Kentucky. The company expects to begin construction on the project this fall, with a goal of shipping automotive body sheet material to customers by early 2017.

Kentucky 257
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Novelis to acquire downstream aluminum producer Aleris for ~$2.6B; meeting automotive demand, expanding into aerospace

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In 2002, the Aleris facility in Duffel, Belgium opened its first continuous annealing line to provide automotive body sheet to the automotive industry. In 2013, the company strengthened its position with the opening of a fully dedicated automotive facility at Duffel.

Kentucky 170
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New HERE-SBD index identifies EV leaders and laggards in the US and Europe

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Location data and technology company HERE Technologies, in conjunction with SBD Automotive, a global automotive research firm, published an interactive index that shows the developing state of electric vehicle (EV) demand and infrastructure readiness across the United States and Europe.

Europe 170