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    Busche, MetalX ink aluminium raw materials sourcing deal

  • China Aluminium Network
  • Post Time: 2018/1/18
  • Click Amount: 556

    Busche Performance Group (BPG) has finalized an agreement with MetalX for sourcing all aluminium raw materials for BPG foundry operations. MetalX will manage all activities related to the sourcing, procurement, delivery, and administration associated with aluminium scrap and refined aluminium products consumed and generated by BPG’s aluminium foundries.

    Daniel J. Dressler, VP of Procurement and Business Development for parent company BPG said, “This agreement will allow the foundry division to be better connected to the aluminium markets and gain significant benefits from the MetalX team’s expertise with buying and selling of aluminium raw materials in the metals marketplace.”

    “This will also allow BPG foundries to focus on growing their foundry operations and “partner” with a highly-regarded metals recycling and trading company that already has demonstrated performance with managing scrap for all of our US machining facilities.”

    MetalX will be sourcing approximately 70 million pounds of high-purity low-Fe A356 alloy aluminium annually, and seeking to develop additional suppliers such as scrap processors, secondary producers, and industrial generators, according to company press release.

    MetalX president and CEO, Danny Rifkin, added “This strategic partnership is the result of a joint effort to develop a sourcing model that will allow BPG’s foundries to concentrate on the design and manufacture of aluminium castings for critical applications, and at the same time, benefit from the savings that will arise from a comprehensive metals management strategy. We believe that our ability to access a much broader supply base will ensure consistent availability of quality raw materials to support Busche’s dynamic growth plans. “

    MetalX is a scrap metal recycling company engaged in the business of recycling, processing, and trading of scrap and secondary metals in North America.

    BPG manufactures aluminium castings and other components used in automotive systems such as chassis, suspension, engine, and driveline. The company operates 15 facilities in Indiana, Michigan, Alabama and Ramos, Mexico.

    Source: AlCircle.com
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