| May 2008
Aleris to close coil coating facility
Aleris International, Inc. will permanently close 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 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.
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