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News & Press: Member News

Matalco to construct new billet manufacturing facility in Wisconsin

Friday, January 11, 2019  
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AEC member company Matalco Inc., headquartered in Brampton, Ontario, Canada, plans to invest $80 million to construct a new state-of-the-art billet manufacturing facility in Wisconsin Rapids, WI. The new facility is expected to be fully commissioned by mid-2020 and will employ 80 permanent, full-time personnel with annual production in excess of 230 million pounds of high-quality aluminum billet, according to a company news release.

“This significant investment firmly demonstrates our continued and unwavering commitment to serve both our customers and prospective clients and expand our market share. After a lengthy selection process, we decided on Wisconsin Rapids as the site of our new plant because of its location relative to our market, its exceptional workforce, local investments in quality of life and the comprehensive incentive package and assistance provided from both the state and local levels. Overall, we are very excited to be part of this progressive community as this will bring new jobs and opportunities to the region. ” said Tom Horter President, Matalco Inc.

The purchase of the property in Wisconsin Rapids will be completed by March 1st or earlier with construction commencing shortly thereafter. Read the complete press release here.