Alcan announced today that it plans to invest US$35 million in a new aluminum extrusion plant in Slovakia to produce profiles mostly for the building and construction sectors in Eastern Europe. The new facility will have two aluminum extrusion press lines, and will be part of Alcan Extruded Products, a subsidiary of Alcan’s Engineered Products business group.
"This facility will allow Alcan to participate in Eastern Europe’s growing demand for soft alloy extruded products and is a key component of Alcan Extruded Products’ long-term strategy," said Michel Jacques, President and Chief Executive Officer, Alcan Engineered Products." Building on our successful experience in Decin (Czech Republic), this investment further demonstrates our commitment to providing superior solutions for our customers’ needs,"A he added.
Pending final approval from local authorities, production is expected to start in early 2007. The facility will employ approximately 200 people.