Gränges Eyes Major Expansion of Huntingdon, Tennessee, Aluminium Rolling Plant
16 September 2017
Gränges, a leading global supplier of rolled aluminum products for heat exchanger applications and other niche markets, will invest $110 million to expand its aluminum rolling operations in Huntingdon, Tennessee.
“The expansion in Huntingdon marks the next step in our strategic growth plan for the North American market. Gränges has built a strong reputation in the aluminum rolling industry, and this expansion allows us to further support our customers’ growth,” Gränges CEO Johan Menckel said.
The Sweden-based firm that focuses on aluminum engineering and manufacturing will create approximately 100 new jobs as part of the expansion. The project is estimated to take approximately two years to complete. When completed, the capacity in Huntingdon will increase from about 160 metric kilotons to nearly 200 metric kilotons per year. This is the second major investment in the Huntingdon facility since 2000, strengthening Gränges’ focus on foil and automotive heat exchanger products.
“The investment represents a long-term commitment to our customers, employees and shareholders as we grow in support of our strategic markets,” Gränges Americas President Patrick Lawlor said.
Gränges’ expansion meets growing demand for light gauge foil, automotive heat exchanger materials as well as heating, ventilation and air condition applications. The expansion includes investment in buildings, casters, cold-rolling mills, annealing furnaces and slitters. The investment further positions Huntingdon as one of the most modern and efficient aluminum rolling mills in North America.
“In Tennessee, we take pride in the fact that our hard working residents still make things,” Governor Bill Haslam said. “The Gränges facility is a vital part of the Carroll County community and employs around 350 Tennesseans. I’d like to thank Gränges for committing to create about 100 new jobs in Huntingdon and bringing us closer to making Tennessee the No. 1 location in the Southeast for high quality jobs.”
“I’ve been able to tour Granges’ facility in Huntingdon and meet with the company’s leadership in Sweden,” said Department of Economic and Community Development Commissioner Bob Rolfe. “Gränges is a strong, well-run company with a skilled and dedicated workforce in Northwest Tennessee. Huntingdon is fortunate that Gränges stepped in to keep the former Noranda facility open. It’s even better news that Gränges is making this significant investment and creating about 100 new jobs in Huntingdon.”
“Since 1967, Huntingdon has been home to an aluminum manufacturing plant, and today’s announcement of this $110 million investment by Gränges in Huntingdon is fantastic,” Huntingdon Mayor Dale Kelley said. “We are elated by the faith and confidence that Gränges has shown in the Huntingdon plant and look forward to working with Gränges over the next 50 years.”
Carroll County Mayor Kenny McBride said, “Gränges is the largest manufacturing plant in Carroll County and with the expansion it will move employment to around 500 jobs at the Huntingdon plant.”