Contact: Sammy Peek, Director of Marketing
Phone: 843-764-8272
FOR IMMEDIATE RELEASE
JW
ALUMINUM COMPLETES PURCHASE OF
COASTAL ALUMINUM
Mt.
Holly, S.C., June 18, 2007: JW Aluminum Company announced today it has
completed its acquisition of Coastal Aluminum Rolling Mills, Inc. The deal
includes Coastal’s Aluminum Rolling Mills division (CARM) and their
Chromagraphic Processing Company division (CPC), co-located in Williamsport,
Pa. “Over the past few weeks we have worked extensively with Coastal’s
management to complete the acquisition in a very short time period, and I am
extremely pleased to be able to welcome the Williamsport team to JW
Aluminum,” said Don Kassing, President and CEO of JW Aluminum.
The
acquisition brings many new products and new capabilities to JW Aluminum,
such as certain high strength aluminum alloys used in the aerospace,
automotive, packaging, and building products industries. In addition,
Coastal’s solvent based coating capabilities complement JWA’s own coating
technology to make the company one of the premier suppliers of coated and
painted aluminum products in the industry.
JW
Aluminum manufactures specialty flat-rolled aluminum products including “fin
stock” used by the heating and cooling industry, light gauge converter foil
for the aerospace and flexible packaging industries, and heavier gauge bare
and painted sheet for the building and construction markets, as well as other
foil and sheet products. For more information about JW Aluminum, visit the
company’s Web site at
www.jwaluminum.com.
# # #