Investment in R&D laboratory and litho capacity expansion
Bridgnorth, 20th March 2014
Bridgnorth Aluminium, an aluminium rolling plant located in Bridgnorth, Shropshire, UK, today announces that it will enhance its research and development facilities and expand its lithosheet rolling and finishing capacity at Bridgnorth, with a capital investment of £41 million.
The research and development laboratory will come into operation in early May 2014. This is a newly constructed facility which is in addition to the company's current development facilities and the R&D centres of Elval in Greece and UACJ Corporation in Japan.
The new lithosheet capacity consists of the installation of an additional cold rolling mill and a new litho finishing line. The capacity of the new production processes is around 75,000 tonnes per year, more than doubling the company's current capacity. The scheduled start-up of the new processes is late 2015.
"Bridgnorth Aluminium has always been focussed on the needs of our customers in the graphics market, and these projects allow us to further improve our technology offering and also provide more capacity at a time when few aluminium companies wish to dedicate resources to this segment. This segment is driven by technology, our customers are constantly evolving their products and processes in order to satisfy the demands of the downstream value chain in printing, our new investments will support them by offering technology innovation, improved logistics and additional capacity." commented Simon MacVicker, Managing Director. He also emphasised that the new laboratory in Bridgnorth, focused on the needs of its customers, will allow the company to be more dynamic in its innovation and reduce the time to market of its technology improvements.
The announced investments will create approximately 65 new jobs when the processes are fully up and running. This is in addition to the 35 new jobs which the company has created in 2013 and already in 2014 as a result of its recent investments in a new casthouse and a coil slitting line, both of which will commence production during March 2014.