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Copper December 09, 2021 02:00:20 PM

Wieland Declared Huge Expansion to East Alton Operations

Paul Ploumis
ScrapMonster Author
The investment plan comprises construction of a new state-of-the-art casting unit and further expansion to its buildings, thereby creating a platform for future growth investments.

Wieland Declared Huge Expansion to East Alton Operations

SEATTLE (Scrap Monster): Wieland- the leading producer of and converter of rolled products in North America announced significant investment aimed at expanding its rolled products operations at East Alton operations. The investment project worth $52 million will begin in spring of 2022 and is expected to be completed in 2024.

The investment plan comprises construction of a new state-of-the-art casting unit and further expansion to its buildings, thereby creating a platform for future growth investments. The improvements at East Alton operations are in line with Wieland’s commitment to preserve market leadership in quality, alloy portfolio. Furthermore, the enhancements are in response to customers’ growth expectations, the company press release.

Greg Keown, President, Wieland Rolled Products North America stated that by investing in state-of-the-art technology at East Alton, the company aims to sustain and grow important partnerships with its valued customers. In addition, the upgrades will strengthen Wieland’s ability to be a lasting community partner and great place to work in East Alton, Illinois, he added.

The investment is complementary to the company’s recently announced recycling initiative in the North American region.

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