IMCO plant to double aluminum alloys output for GM

Newswire

NEW YORK, March 24 (Reuters) - IMCO Recycling Inc. said on Wednesday it plans to double capacity at its Saginaw, Michigan, aluminum alloys plant to about 280 million pounds annually to boost shipments to General Motors Corp. . IMCO said the expansion was a move to increase its participation in the transportation sector, the aluminum market's largest and fastest-growing segment. The two companies agreed to the boost in volume in a recently signed amendment to a 13-year contract announced ...

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