Alexin, LLC Breaking Ground on Greenfield Aluminum Billet Facility

BLUFFTON, Ind. December 12, 2007—Alexin, LLC, a new aluminum extrusion billet producer, announced today that it will locate its first manufacturing facility in Bluffton, located in the northeast corner of the state of Indiana.

Alexin plans to launch operations in November 2008 following the construction of a new 350,000 square foot facility. When fully operational, Alexin will produce more than 210 million pounds of aluminum billet annually.

“We believe the extrusion market needs high quality, large-diameter billet delivered by a regionally focused, service-oriented business partner,” explains Tom Horter, president of Alexin. “We plan to redefine service, technology, processes, and value to the customers.”

Location was a governing factor in the plans for Alexin. With 29 aluminum extruders in Illinois, Michigan and Indiana (Aluminum Extruders Council), Alexin can supply billet quickly from their northeastern Indiana location to these aluminum extrusion customers. “We have found that many billet suppliers have located their facilities convenient for themselves rather than their customers,” explained Horter. “We will be able to get products and services to customers faster and in a more cost-effective manner.”

Another deciding factor in the creation of Alexin is a growing gap between capacity and demand. According to Horter, “Existing capacity is quickly becoming sub-optimal. The need for high quality billet production is expected to grow, while supply is distant, fraught with high cost, antiquated technology, and unresponsive customer service models.” Horter and the management team estimate further North American capacity reductions in the next five years.

Geographic proximity, superior technology with maximum automation and flexibility, and unsurpassed customer service will be the hallmarks of Alexin. “As experienced aluminum remelt cast house operators, our management staff has crossed paths as colleagues and competitors over the past couple of decades, converging on this one big idea,” Horter explains excitedly. “That big idea is Alexin.”

Alexin will be able to offer a breadth of unique products, including large diameter billet, up to 16” in diameter, and finished lengths up to 290”.

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