Kaiser Aluminum Acquires Alexco

Kaiser Aluminum Corporation (Nasdaq:KALU) today announced it has completed the agreement, as announced October 13, 2010, to purchase substantially all the assets of Alexco, LLC, a manufacturer of hard alloy extrusions for the aerospace industry based in Chandler, Arizona.

The purchase became effective on January 1, 2011.

Kaiser Aluminum Corporation, headquartered in Foothill Ranch, Calif., is a leading producer of semi-fabricated specialty aluminum products, serving customers worldwide with highly-engineered solutions for aerospace and high-strength, general engineering, and custom automotive and industrial applications. The Company's North American facilities produce value-added sheet, plate, extrusions, rod, bar, tube and wire products, adhering to traditions of quality, innovation and service that have been key components of our culture since the Company was founded in 1946. The Company's stock is included in the Russell 2000® index and the S&P SmallCap 600® index.

Source: http://www.kaiseraluminum.com/


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