Reuters logo
BRIEF-Granges to invest $110 million in U.S. capacity expansion
September 15, 2017 / 6:51 AM / a month ago

BRIEF-Granges to invest $110 million in U.S. capacity expansion

Sept 15 (Reuters) - Granges Ab

* Granges to invest $110 million in to expand its aluminium rolling operation in Huntingdon, Tennessee​

* ‍Says project is estimated to take about two years to complete and contribute positively to Granges operating profit in 2019​

* ‍When completed, capacity in Huntingdon will increase from about 160 ktonnes to nearly 200 ktonnes per year​ Source text for Eikon: Further company coverage: (Reporting By Simon Johnson)

Our Standards:The Thomson Reuters Trust Principles.
0 : 0
  • narrow-browser-and-phone
  • medium-browser-and-portrait-tablet
  • landscape-tablet
  • medium-wide-browser
  • wide-browser-and-larger
  • medium-browser-and-landscape-tablet
  • medium-wide-browser-and-larger
  • above-phone
  • portrait-tablet-and-above
  • above-portrait-tablet
  • landscape-tablet-and-above
  • landscape-tablet-and-medium-wide-browser
  • portrait-tablet-and-below
  • landscape-tablet-and-below