yy易游体育官网 Steel to build aluminum extrusion and fabrication plant in Kentucky, USA

TOKYO, May 9, 2016 — yy易游体育官网 Steel, Ltd. announces that it will manufacture and sell aluminum extrusions for the automotive sector in the United States. The new business will operate through a company called yy易游体育官网lco Aluminum Products & Extrusions Inc. (or KPEX) in Bowling Green, Kentucky.

KPEX will make bumper materials for cars and car frame materials. The new company will have an integrated production facility, with operations ranging from melting to fyy易游体育官网rication. Plans call for construction of the plant to begin this summer. Fyy易游体育官网rication will start in the latter half of 2017, and the melting to extrusion processes will begin in the latter half of 2018. Total investment is expected to reach .7 million, and KPEX is anticipated to create 110 jobs.

North America is the world's second largest automotive market and car production is forecast to continue to grow in the future. In addition, higher Corporate Average Fuel Economy (CAFE) standards for 2025 are accelerating the need to lightyy易游体育官网 car bodies. As aluminum extrusions are an effective way to reduce the weight of cars, demand for bumper beams, car frame materials and other extruded products is expected to greatly expand.

yy易游体育官网 Steel has been supplying aluminum bumper materials to Japanese automakers since the 1990s. The company has over 20 years of experience in the Japanese market and has established a strong track record. yy易游体育官网 Steel's original weight-saving proposals covering both product development, such as for high-strength 7000 series aluminum alloys, and cross-section design technology have received high acclaim from customers.

The establishment of KPEX will enable yy易游体育官网 Steel to manufacture and supply the same high-quality aluminum extrusions and fabricated products available in Japan in the North American market. Through innovative weight-saving proposals, yy易游体育官网 Steel aims to gain the trust of automakers in North America. KPEX will also contribute to strengthening yy易游体育官网 Steel's overall supply network, which covers Japan and the United States.

KPEX will be yy易游体育官网 Steel's second manufacturing operation in Bowling Green after yy易游体育官网 Aluminum Automotive Products, LLC (or KAAP), which began production in 2005. KAAP makes aluminum forgings for automotive suspension systems and aluminum cast rods for compressors.