A groundbreaking ceremony has been held for a joint venture aluminum scrap melt shop facility in Russellville, Kentucky, being funded by Tri-Arrows Aluminum (TAA) and Tennessee Aluminum Processors (TAP).
According to Kentucky Gov. Andy Beshear, the new Kentucky Aluminum Processors facility represents a $40 million investment in aluminum recycling on a 37-acre parcel in Russellville that will create 75 Kentucky jobs.
“Each company that chooses to locate a new project here in the commonwealth brings with them quality jobs and opportunities for Kentuckians," Beshear says. "Our manufacturing industry is one of the largest sectors in the state and continues to grow because of quality companies like Kentucky Aluminum Processors choosing and trusting what we have to offer.”
The TAA and TAP plant will convert dross and scrap materials from TAA’s nearby Logan Aluminum casting center into molten aluminum and sows. Those newly melted materials will then be returned to the casting facility at Logan Aluminum in Russellville or shipped to other customer facilities.
“We are excited to expand our aluminum recycling capabilities with a new, state-of-the-art facility located centrally in a region experiencing tremendous growth in the aluminum sector," says Jared Sweeney, CEO of TAP. "We have been very impressed by the accommodating and efficient probusiness atmosphere encountered while working on this project with representatives of Russellville, Logan County and the commonwealth of Kentucky.”
Founded in 1981, Mt. Pleasant, Tennessee-based TAP provides secondary aluminum recycling services to customers in the aluminum industry's transportation, packaging, construction and aerospace segments. As a toll converter of aluminum scrap and dross, the company converts aluminum into recycled secondary ingot.
Louisville, Kentucky-based Tri-Arrows supplies rolled aluminum sheet to the North American market, focusing on the beverage can sheet and automotive sheet markets. The company is involved in another JV that owns the Logan Aluminum facility in Russellville.
“Tri-Arrows Aluminum is honored to continue its longstanding relationship with the Russellville and Logan County community,” TAA President and CEO Henry Gordinier says. “We are excited to share in this project with Tennessee Aluminum Processors. The new facility’s proximity to Logan Aluminum was a key factor in determining site location.”
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