The Aluminum Association Welcomes Three New Member Companies
ARLINGTON, VA – The Aluminum Association is pleased to announce the addition of Penske Logistics, American Roller Bearing, and Tyndale USA as associate member companies.
“We’re thrilled to welcome Penske, Tyndale, and American Roller Bearing as the latest members of the Aluminum Association,” said Garney Scott, President & CEO of Scepter and Aluminum Association chairman. “During a time of significant activity and change for the industry, these members will be important new voices to bring to the table.”
New companies include:
The new member additions come at a time of continued domestic demand growth for aluminum. According to the latest industry data, the North American aluminum industry shipped nearly 26 billion pounds of aluminum in 2015, the most since 2007. Since 2013, member companies have announced domestic plant expansions and planned investment totaling more than $2.3 billion to meet anticipated demand growth for aluminum in the automotive sector as automakers strive to make better-performing and more fuel-efficient vehicles.
However, challenges remain, particularly in the area of Chinese aluminum overcapacity. In April, President Donald Trump signed an executive memorandum initiating an investigation exploring the national security implications of foreign imports of aluminum on U.S. national security, under Section 232 of the Trade Expansion Act of 1962. The Aluminum Association also recently filed its first-ever antidumping and countervailing duty case against subsidized Chinese aluminum foil flooding the market. In addition, the association joined the Aluminium Association of Canada and European Aluminium in calling for a global forum to address aluminum overcapacity issues. The Aluminum Association is committed to highlighting unfair and unsustainable Chinese trade practices to ensure the continued health of the entire domestic aluminum value chain.
About the Aluminum Association
The Aluminum Association represents aluminum production and jobs in the United States, ranging from primary production to value added products to recycling, as well as suppliers to the industry. The Association is the industry’s leading voice, providing global standards, business intelligence, sustainability research and industry expertise to member companies, policymakers and the general public. The aluminum industry helps manufacturers produce sustainable and innovative products, including more fuel efficient vehicles, recyclable packaging, greener buildings and modern electronics. In the U.S., the aluminum industry creates $186 billion in economic activity. For more information visit www.Aluminum.org, on Twitter @AluminumNews or at Facebook.com/AluminumAssociation.