Constellium to build second Body-in-White finishing line in the US to meet increased automotive aluminum demand
Constellium N.V has decided to build a second Body-in-White (BiW) finishing line in North America to further support the growing demand for aluminum from the US automotive industry.
Constellium expects the investment to reach $160 million; the investment is part of the previously announced $750-million strategic investment plan to increase Constellium’s BiW production capacity by 2022.
The location of the 100,000 metric tons BiW finishing line which is due to start production in early 2018 has not yet been decided and will be announced in due course, pending final business considerations.
In light of current volume commitments from customers, we have decided to add further capacity and launch the construction of a second BiW finishing line. This move reflects the success of our continued discussions with car manufacturers. Constellium expects to benefit from strong market growth as the integration of aluminum body sheet continues to quickly expand across the US automotive industry. We have an ambitious strategy in this market and are fully on track with our expansion roadmap.— Pierre Vareille, Chief Executive Officer of Constellium
Constellium provides Ford Motor Co. with aluminum structural parts for the all-new Ford F-150 pickup truck that extensively uses high-strength, military-grade, aluminum alloy as a build material. (Earlier post.)