Braidy Industries has teamed up with the State of Kentucky and the Ashland Alliance to construct a $1.3bn Greenfield aluminum rolling mill in Kentucky, US.
The Braidy rolling mill seeks 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 232,260 sq m mill will have a production capacity of 370,000 tons per annum, and will produce series 5000, 6000, and 7000 aluminum sheet and plate products.
Kentucky Governor Matt Bevin said: “Braidy Industries’ decision to locate in Eastern Kentucky has the potential to be as significant as any economic deal ever made in the history of Kentucky.
“This $1.3bn investment will create enormous opportunity for people in the region, and would not have been possible without our recently passed right-to-work legislation.
“I look forward to the success of Braidy Industries as they leverage the incredible work ethic found in Eastern Kentucky. The ripple effect of this investment will be significant and will produce positive change in the region for generations to come.”
Ground breaking at the 370-acre South Shore site will take place in the first quarter of 2018. The mill is expected to open in 2020.
The project will lead to the creation of 1,000 construction jobs, 550 permanent highly skilled jobs and another 1,000 supporting services jobs in the Appalachian area.
* Data provided by Timetric's Construction Intelligence Center.
* Image source: the Governor's office.