A Swedish supplier of rolled aluminum products that has operations in Sweden, China, and the U.S. recently announced an expansion project that will incorporate investment in heat treat equipment, including annealing furnaces.
Gränges of Stockholm, Sweden, will invest $110 million (U.S.) to increase the capacity of its aluminum rolling operation in Huntingdon, Tennessee, from 160K tons to nearly 200K tons per year, creating 85 permanent full-time jobs and servicing its North American market with light gauge foil, automotive heat exchanger materials, and heating, ventilation, and air conditioning (HVAC) applications. This is the company’s second major investment in Huntingdon since 2000.
“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”, says Gränges CEO Johan Menckel. Other expansion projects will include buildings, casters, cold rolling mills, and
slitters.
“The investment represents a long-term commitment to our customers, employees, and shareholders as we grow in support of our strategic markets”, says Gränges Americas President, Patrick Lawlor.
The expansion was supported by Tennessee (TN) Governor Bill Haslam, the TN Department of Economic and Community Development, Tennessee Valley Authority, and local Huntingdon Officials.
“In TN, we take pride in the fact that our hardworking residents still make things,” said Tennessee Governor Bill Haslam. “The Gränges facility is a vital part of the Carroll County community and I’d like to thank Gränges for committing to create new jobs in Huntingdon and bringing us closer to making TN the No. 1 location in the Southeast for high-quality jobs.”
