Aleris Signs Multi-Year Contract With Daimler
CLEVELAND, May 29, 2012 /PRNewswire/ -- Aleris today announced that it has signed a four-year contract to provide molten aluminum to Daimler AG for the production of cylinder heads for all Daimler automobile models. Aleris is the leading merchant aluminum recycler and supplier of specification alloys in the United States and Europe.
Aleris recently installed a fifth furnace at its Deizisau, Germany facility to increase capacity by 20 percent in order to support increased demand from Daimler.
"We have a longstanding relationship with Daimler and our partnership continues to be mutually beneficial," said Steven J. Demetriou, Aleris chairman and chief executive officer. "We are proud to provide a high-quality upstream product for Daimler's premium automobile brands."
Aleris constructed its Deizisau facility in 2006 in response to Daimler's need for specific aluminum alloys. Deizisau's location just 15 kilometers from Daimler's production facility in Mettingen, Germany enables efficient transport of the molten metal for just-in-time delivery.
In addition to the benefits associated with a dedicated facility, Aleris Recycling sources scrap aluminum to meet customer specifications, offering customers maximum flexibility in manufacturing.
Aleris is focused on realizing the significant potential of aluminum for our customers and our world. A global leader in aluminum rolled and extruded products, aluminum recycling and specification alloy manufacturing, Aleris products are used by manufacturers in almost every industry. Headquartered in Cleveland, Ohio, the company has approximately 6,900 employees and currently operates 41 production facilities in North America, Europe and Asia. For more information, visit www.aleris.com.
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