Nanshan Aluminum to open US plant
By Zhang Qi | China Daily | Updated: 2011-05-12 07:55
BEIJING - Shandong Nanshan Aluminum Co Ltd, China's second-largest aluminum products maker, said it will invest $161 million to build an extrusion plant in the United States to further tap into the overseas market.
The Nanshan facility in Lafayette, Indiana, will make high-end aluminum extrusions used in sectors such as mass transportation, automotive, distribution, and electrical industries, with annual production of 40,000 tons, said the Shanghai-listed company on Wednesday.
The plant in the US will also make materials for train bodies for the upcoming high-speed rail industry.
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