Sapa invests another $50 million in capital
Mar 1, 2011 12:00 PM
Sapa Profiles North America plans to invest another $50 million in capital into its North America operations in 2011. This follows capital investments of nearly $40 million in 2010.
“It is important to Sapa that our investment strategy is aligned to the needs of our customers,” said Patrick Lawlor, president of the company. “The market is improving, and customers have come out of the recession much leaner and prepared to grow. We need to support that growth.”
Sapa has 17 manufacturing locations with a total of 55 extrusions presses throughout North America. Sapa has focused capital investments on improving throughput and efficiencies, increasing capacity at casting facilities, and investments for dedicated customer programs. Efforts have been made to redirect extrusion presses in areas where growth in the economy improves. Sapa moved an 8" press into its City of Industry CA location and a 10" press into its Cressona PA facility. It also recently acquired Arch Aluminum in Miami FL, a complementary fit to its Southeast Region and an increase in anodizing capacity.
