Gränges will invest $110 million to expand its Huntingdon, TN aluminum rolling operations. The aluminum engineering and manufacturing company will create approximately 100 new jobs as part of the expansion, solidifying the company’s commitment to its North American customers and the markets they serve.
“The expansion in Huntingdon marks the next step in our strategic growth plan for the North American market,” said Gränges CEO Johan Menckel. “Gränges has built a strong reputation in the aluminum rolling industry, and this expansion allows us to further support our customers’ growth.”
The expansion meets growing demand for light gauge foil, automotive heat exchanger materials as well as heating, ventilation and air condition (HVAC) applications. The project includes investment in buildings, casters, cold-rolling mills, annealing furnaces and slitters. The investment further positions Huntingdon as one of the most modern and efficient aluminum rolling mills in North America.
“The investment represents a long-term commitment to our customers, employees and shareholders as we grow in support of our strategic markets,” said Gränges Americas President Patrick Lawlor.
The project will take approximately two years to complete, at which time the capacity in Huntingdon will increase from about 160 metric kilotons to nearly 200 metric kilotons per year. This is the second major investment in the Huntingdon facility since 2000, strengthening Gränges’ focus on foil and automotive heat exchanger products.
“In Tennessee, we take pride in the fact that our hardworking residents still make things,” said Governor Bill Haslam. “The Gränges facility is a vital part of the Carroll County community and employs around 350 Tennesseans. I’d like to thank Gränges for committing to create about 100 new jobs in Huntingdon and bringing us closer to making Tennessee the No. 1 location in the Southeast for high quality jobs.”
“I’ve been able to tour Granges’ facility in Huntingdon and meet with the company’s leadership in Sweden,” said Tennessee Department of Economic and Community Development Commissioner Bob Rolfe. “Gränges is a strong, well-run company with a skilled and dedicated workforce in Northwest Tennessee. Huntingdon is fortunate that Gränges stepped in to keep the former Noranda facility open. It’s even better news that Gränges is making this significant investment and creating about 100 new jobs in Huntingdon.”
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