Matalco officially opens new aluminum plant

Matalco officially opens new aluminum plant
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Matalco,  a sister company to the recycling firm Triple M Metals, headquartered in Brampton, Ontario, held the grand opening and ribbon cutting ceremony at its new secondary aluminum plant in Lordstown, Ohio.

The company has been in a start-up mode since this past March, and has been producing aluminum billet. Matalco also operates a facility in Canton, Ohio, as well as a plant at its Toronto headquarters location.  The company broke ground on the plant on Sept. 17, 2014 and construction started the following month.

The facility, roughly 225,000 square feet in size, will primarily be consuming scrap aluminum, along with some aluminum P1020 ingot mixed in. The plant will be making aluminum billet in either log or cut-to-size billet, according to Robert Roscetti, vice president of Matalco U.S. Inc.

Roscetti adds that the Lordstown location, in Northeastern Ohio, is ideal due to a combination of factors, including the proximity to both existing and prospective customers; an excellent incentive package offered by the State of Ohio, which included property tax and income tax credits and grant money; and on-site rail and excellent highway access.

Triple M Metals will provide the new Matalco facility with sourcing and procurement capabilities, which, Roscetti notes, will assure the Lordstown plant a ready and stable supply of aluminum scrap, while “representing a significant advantage that Matalco has over its competitors.”

“Thus far, Matalco is on track to achieve its first year forecasted production target of 90 million pounds. The market remains stable with good demand and which we feel will continue into 2017,” Roscetti concludes.

When the Lordstown plant is fully operational Matalco says it will be the largest producer of high-quality secondary billet in North America. Combined, the company will be producing more than 700 million pounds of finished aluminum product per year. 

(photo courtesy of WKBN)

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Source: Recycling Today
Matalco officially opens new aluminum plant
<![CDATA[Matalco,  a sister company to the recycling firm Triple M Metals, headquartered in Brampton, Ontario, held the grand opening and ribbon cutting ceremony at its new secondary aluminum plant in Lordstown, Ohio. The company has been in a start-up mode since this past March, and has been producing aluminum billet. Matalco also operates a facility in Canton, Ohio, as well as a plant at its Toronto headquarters location.  The company broke ground on the plant on Sept. 17, 2014 and construction started the following month. The facility, roughly 225,000 square feet in size, will primarily be consuming scrap aluminum, along with some aluminum P1020 ingot mixed in. The plant will be making aluminum billet in either log or cut-to-size billet, according to Robert Roscetti, vice president of Matalco U.S. Inc. Roscetti adds that the Lordstown location, in Northeastern Ohio, is ideal due to a combination of factors, including the proximity to both existing and prospective customers; an excellent incentive package offered by the State of Ohio, which included property tax and income tax credits and grant money; and on-site rail and excellent highway access. Triple M Metals will provide the new Matalco facility with sourcing and procurement capabilities, which, Roscetti…