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Braidy Industries to invest $1.3 billion to build aluminum rolling mill in Kentucky

Braidy Industries Inc., Ashland, Kentucky, announces that it will spend $1.3 billion to build an auto body sheet and aerospace plate aluminum rolling mill, the nation’s first greenfield aluminum rolling mill in over three decades. The goal of the mill is to become the nation’s low-cost producer of high quality auto body sheet aluminum, plate, and ultra-high strength alloys for the aerospace industry.

The mill will open with capacity of 370,000 tons per annum, producing series 5000, 6000, and 7000 aluminum sheet and plate products. Braidy is also exploring new scientific nano-crystalline technical advances capable of improving molten metal-based manufacturing.

“By combining an advanced production capability with advanced metallurgical science, there is a great opportunity to reinvigorate metals manufacturing in United States,” said ASM member Christopher Schuh, MIT metallurgist and member of the Braidy board of directors.

Ground will be broken at the 370-acre South Shore site in the first quarter of 2018. Over $1.3 billion will be spent on the mill, which is located in Greenup County Kentucky, close to the city of Ashland. The mill will be 2.5 million square feet under roof, with an ideal location on the great Ohio River, and already-permitted barge capacity. The CSX railroad runs through the property, and highway I-64 connects the mill site to some of the nation’s largest auto-making and aerospace customers. The State of Kentucky exports more than $10 billion per year in aerospace products, ranking it second among all states in the United States.

www.braidyindustries.com

 

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