Pennex Aluminum held a ribbon cutting ceremony for the completion of the USD23 million expansion of its facility in Leetonia, Ohio. The event also marks the 40th anniversary of the company.
The Leetonia facility specializes in aluminium extrusions and fabricated components for the automotive, construction, HVAC, landscaping, and off-road vehicle markets. The expansion includes the installation of new equipment aimed at increasing the company’s capabilities and keeping up with market demands. The expansion is also expected to create about 50 jobs.
Pennex Aluminum was founded in 1979 through the purchase of Penn State Aluminum, located in Wellsville, Pennsylvania, by Metal Exchange. At that time, the company operated a single 1,675-tonne press line, with paint and thermal capabilities added over the next few years. The company continued to grow, with fabrication operations launched in Emigsville, Pennsylvania in 1986 and the doubling of its capacity in with a second press (8-inch, 2,600-tonne) in Wellsville in 1996. In 2010, the company expanded remelt and billet casting capacity to 120 million lbs and moved its fabrication operation moves into a 50,000 sq ft facility in York, Pennsylvania.
In 2010, Pennex acquired its Leetonia extrusion facility with a 9-inch, 3,500-tonne Danieli press line – which was nearly tripled in size in 2015, an USD38 million expansion that included the installation of a state-of-the-art extrusion press line (Presezzi press, OMAV handling system, emmebi packing system, and a die cleaning machine from Die Cleaning Equipment and Supply, Inc.), a specialized fabrication centre, and a 175,000 sq ft building expansion.