Arrow-right Camera

The Spokesman-Review Newspaper The Spokesman-Review

Monday, May 25, 2020  Spokane, Washington  Est. May 19, 1883
Partly Cloudy Night 59° Partly Cloudy
News >  Nation/World

Kaiser Acquires Plant From Reynolds Metals

By From Staff Reports

Kaiser Aluminum Corp. said Monday it has acquired a Reynolds Metals Co.’ aluminum extrusion factory in Bellwood, Va., for $40 million cash and assumption of $3 million to $4 million in debt.

The plant employs 385 people who produce seamless tubing and other extrusion products. Shipments in 1996 were 36,000 metric tons, or one third of Kaiser’s entire shipment of 103,000 metric tons of extrusion products last year.

Plans to acquire the Bellwood plant were announced in April. Kaiser also offered at that time to buy Reynold’s aluminum plate sheet plant in McCook, Ill., but that deal fell through in May.

, DataTimes

Subscribe to the Coronavirus newsletter

Get the day’s latest Coronavirus news delivered to your inbox by subscribing to our newsletter.


Asking the right questions of your CBD company

Bluegrass Hemp Oil in Spokane Valley offers a variety of products that can be very effective for helping with some health conditions. (Courtesy BHO)
Sponsored

If you are like most CBD (cannabidiol) curious consumers, you’ve heard CBD can help with many ailments.