Matalco to build new aluminum billet plant in Lordstown, Ohio

Lordstown, Ohio, will be the site of Canadian aluminum billet manufacturer Matalco's new $92 million greenfield remelt plant in the US, company officials said Monday.

John Pereira, vice president of operations for the Brampton, Ontario-based company, said a September 17 groundbreaking has been scheduled for the new plant.

Neither Pereira nor Robert Roscetti, Matalco's director of corporate development, would disclose projected capacity levels for the plant.

Roscetti said that information might be made public next week.

Matalco is a subsidiary of the Giampaolo Group.

The site selection announcement had been delayed for months. Matalco is believed to have considered locations in Michigan, Indiana and Pennsylvania, as well as Ohio, for the plant that will produce its 6000 series extrusion-grade aluminum billet.

Matalco has said the US expansion will include and integrate Triple M Metal's new non-ferrous plant in Brampton to procure and handle all of Matalco's aluminum scrap requirements, as well as process other non-ferrous materials such as copper and brass, independent and separate from Matalco.

Triple M Metal, also a Giampaolo Group subsidiary, has recycling operations in Brampton and Kitchener in Ontario, as well as in the US, Mexico and Europe.

Matalco, which claims to be Canada's largest processor of ferrous and non-ferrous metals, did not say when the Lordstown facility will be in commercial operation.

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