RUSSELLVILLE — Governor Steve Beshear for the second time on Wednesday brought good news to a community — this one in Logan County was about a $240 million investment that will mean 190 jobs.
Logan Aluminum, which makes rolled sheets for the beverage industry, plans to add the automotive industry among its customers with the expansion.
Earlier in the day Beshear was bringing the news of jobs to Warren County.
“Strong, lightweight materials are quickly becoming standard in vehicle production and Logan Aluminum’s expanded operations contribute to Kentucky’s position as a global leader in the aluminum industry,” Beshear said in a news release. “Logan Aluminum sets the example of how innovative Kentucky companies can add capacity, products and jobs by reacting to market forces.”
Logan already employs more than 1,000 people. In addition to the $248 million expansion, the company is considering a $50 million expansion in its beverage can sheet metal operation.
Logan Aluminum, in conjunction with Tri-Arrows Aluminum (TAA), will expand its recycling/new ingot casting facility to provide additional capabilities and increased capacity at its rolling mills, scalping and pre-heating operations, according to a news release.
The changes will allow the plant to produce heavier gauge material, allowing for expansion into other products including automotive sheet.
The expansion will include a new 280,000-square-foot building on the existing plant site to produce approximately 600 million pounds of cast ingot annually.
An additional 68,000-square-foot expansion will accommodate new equipment for aluminum sheet production to support its expanded capabilities including the auto industry.
“Logan Aluminum has become a world leader in the supply of rolled aluminum sheet through the team members’ dedication to continuous improvement since the start-up in 1983,” Randy Schumaker, president of Logan Aluminum, said in a news release. “These investments provide the base for continuing industry leadership for Logan Aluminum as the aluminum marketplace transforms over the coming years.”
The company expects to start the project this year and plans to start producing heavier gauge sheet in 2016 and casting ingots in early 2018.