Aleris closes its Bedford, Ohio coil coating facility
Aleris International, Inc. will be permanently closing
its Bedford, Ohio coil coating facility. Production will be phased-out
and the site is expected to be permanently closed by the end of the second
quarter of 2008.
The facility employs 40 people and supplies coated
aluminum coil for building and construction, transportation, distribution
and consumer durables applications. The closing of this facility results
in restructuring charges of approximately $4.8 million related to severance,
shutdown costs and asset impairment.
Production will be transferred to other Aleris facilities
in the United States, and Aleris will continue to provide the same high
quality products and services that customers expect.