Back to News

JW ALUMINUM COMPLETES ACQUISITION OF ALCOA'S ST. LOUIS AND RUSSELLVILLE OPERATIONS; INTRODUCES NEW WEB SITE AND CORPORATE LOGO

04-01-2004

Mt. Holly, SC, April 1, 2004—JW Aluminum announced today that it has completed the purchase of the St. Louis, Mo. and Russellville, Ark. foil plants from Alcoa Inc (NYSE: AA). The purchase was made as part of JW Aluminum's strategy to expand its business into lighter gauge foil products, including flexible packaging.

The two plants, to be known as JW Aluminum – St. Louis Operations and JW Aluminum – Russellville Operations, add several new products to the company's portfolio and provide a strong position in the light gauge foil market. JW Aluminum's current plant in Mt. Holly will be renamed JW Aluminum – Mt. Holly Operations.

As part of its expansion strategy, JW Aluminum also unveiled today a new corporate logo and web site to coincide with the completed acquisition. "As we grow our market position, we feel it is appropriate to reflect our broader identity in both a new logo and web presence," said Jake Bigham, Vice President of Sales. "We look forward to providing a new level of service and commitment to the light-gauge market."

About JW Aluminum
JW Aluminum is a leading producer of specialty, flat-rolled aluminum products, including bare and coated fin stock, building and distributor sheet, automotive heat shields, cable wrap, litho sheet and converter foil products. In December 2003, JW Aluminum became a member of the Wellspring Capital Management LLC family of companies. JW Aluminum is headquartered in Mt. Holly, South Carolina. For more information, call Don Kassing, CEO, at 800-568-1100, or visit http://www.jwaluminum.com.

# # # # #