American Specialty Alloys Inc plans to develop USD 2.4 billion mill and campus in Central Louisiana to provide strong, lightweight metal for the automotive industry and aerospace industry. ASA plans to construct its manufacturing facility at a 1,200 acre mill complex owned and formerly operated by International Paper in Pineville, Louisiana.

ASA’s plans call for an eventual 3,000 acre campus to accommodate all aspects of the aluminum manufacturing process. According to Louisiana Economic Development, the company plans to include a melting and casting mill; hot and cold rolling mills for sheet and plate and annealing, slit and cut to length production lines.

Mill specifications call for production of 1.3 billion pounds of aluminum per year at full operation, with products for use primarily by automakers as car and truck side panels, doors, hoods and unibody frames. The ASA announcement comes as vehicle manufacturers are seeking lighter metals in place of steel in order to meet federally mandated fuel economy standards for cars and light trucks.

Mr Roger Boggs founder, Chairman &CEO of ASA said that “American Specialty Alloys set out in 2014 to identify a site for its future operations. We spent considerable time and resources looking at potential candidates across the Southern states, a strategic area for our operations, suppliers and customers. Our needs were specific, based on our project budget, requirements and constraints.”

He said that “We studied many factors essential to the project success, including property characteristics, community engagement, workforce readiness and the quality and support of local service providers. In Louisiana, we found a high level of coordination and cooperation among state agencies and with local site service providers. We found the site actually the home for ASA’s first ultra clean, advanced, automated, fully integrated flex mill and mega site campus.”

Governor Bobby Jindal said that “When the IP mill closed several years ago, we pledged that we would work on securing a project that would bring good jobs back to that location. We are excited that ASA has announced plans to invest in Central Louisiana and take advantage of Louisiana’s strong business climate and world class workforce. We’ll continue working with the company as it prepares to break ground on this facility and help connect our people with great jobs."

 

 

Source:http://metal.steelguru.com/

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