Howmet Castings Plans to Close Aluminum Foundry in Texas

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Researched by Industrialinfo.com (Industrial Information Resources, Houston, Texas). Howmet Castings (Cleveland, Ohio), a division of Alcoa Incorporated (NYSE:AA) (Pittsburgh, Pennsylvania) expects to close their plant in Hillsboro, Texas (Plant 1044230) to reduce company's overhead. The Hillsboro plant produces aluminum investment castings for defense, aerospace, and commercial industries. Howmet expects to close the plant in November 2004, which will affect an estimated 60 employees. The company plans to relocate the equipment to other locations in Mexico and abroad.

Howmet and affiliated companies operate 27 manufacturing locations in the United States, Canada, France, United Kingdom, and Japan. Alcoa Incorporated, whom purchased Howmet in 2000 operates more than 350 locations in 41 countries around the world and employs an estimated 120,000 employees.

Alcoa produces and fabricates aluminum products for automotive, packaging, aerospace, building & construction, transportation, and industrial markets. The products are vinyl siding, closures, fastening systems, precision castings, and electrical distribution systems for trucks and cars. The company also manufactures brands, such as: Reynolds Wrap, Alcoa wheels, Baco household wraps.