Matalco is proud to announce the completion of their newest facility located in Franklin, Kentucky.
Founded in 2005 and operating as a subsidiary of Giampaolo Group Inc., Matalco is one of the largest high-grade secondary aluminum billet and slab producers in North America. Completed December 5th, 2022, this brand new $65 million investment in Franklin, Kentucky successfully strengthens the geographical footprint of Matalco and brings the total number of operations throughout Canada and the United States to seven. Together, these plants have the combined capacity to produce more than 1.9 billion pounds of low carbon aluminum annually.
“The successful start-up and commissioning of our Franklin, KY facility represents Matalco’s third new plant build project in the last eight years and affirms our commitment to broaden our product offerings in the North America ingot slab market. We are very proud of the talented team of individuals assembled in Franklin who are working extremely hard to ramp up operations and produce quality products for our customers. The completion our Franklin facility represents a vital component in our overall strategy and Matalco remains laser focused executing on our next phases of growth” says Robert Roscetti, Vice President of Corporate Development.
The 230,000 square-foot Franklin, Kentucky site is uniquely positioned to better service the aluminum industry. There is a thriving aluminum sector in the Kentucky, Tennessee, and Alabama corridor and Matalco is looking forward to contributing to the local value chain and strengthening Kentucky’s local economy by introducing more than 70 high-quality permanent full-time positions. This development has a current annual capacity of 270 million lbs. of aluminum ingot slab which services various aluminum sheet application. An additional furnace has been provisioned, and once installed, the Franklin facility’s annual capacity will increase to 390 million lbs.
The completion of this facility represents Matalco’s unwavering commitment to its strategic growth plan, to better service its customers and expand market share. Utilizing the most environmentally-sound manufacturing processes available and employing only the best equipment and technology, Matalco is a proud leader of sustainable manufacturing. With this facility having a sole focus on aluminum ingot slab, Matalco now has the capabilities to grow and thrive in an under-serviced product market while better servicing their existing customer base as well as potential new clients and maintaining a sophisticated closed-loop supply chain.