Aleris to close its Toronto coil coating facilty

Pigment & Resin Technology

ISSN: 0369-9420

Article publication date: 23 May 2008

Citation

(2008), "Aleris to close its Toronto coil coating facilty", Pigment & Resin Technology, Vol. 37 No. 3. https://doi.org/10.1108/prt.2008.12937cab.013

Publisher

:

Emerald Group Publishing Limited

Copyright © 2008, Emerald Group Publishing Limited


Aleris to close its Toronto coil coating facilty

Article Type: Industry news From: Pigment & Resin Technology. Volume 37, Issue 3.

Aleris International, Inc. has announced that it will be permanently closing its Toronto, Ontario, Canada coil coating facility. Production will be phased-out during the first quarter of 2008 and the site will be permanently closed shortly thereafter.

The facility, which was acquired by Aleris when it acquired the downstream aluminum business of Corus plc in 2006, employs 64 people and supplies coated aluminum coil for building and construction, transportation, distribution and consumer durables applications. Aleris expects to take a restructuring charge of approximately $5-6 million related to severance, shutdown costs and asset impairment. Production will be transferred to other Aleris facilities in North America.