Market News

Key developments in the Global Automotive Sheet Metal Components Market

In May 2018, Aleris Corporation a U.S. based manufacturer and supplier of aluminum rolled products signed a multi-year contract with Boeing, to supply aluminum plate and sheet for the production of various airplane and automotive models

In October 2018, Novelis expanded its automotive aluminum manufacturing facility in Changzhou, China, to enhance its manufacturing and production development capabilities and to cater the demand of automotive sheet metals in China.

In July 2018, Amada Holdings Co. Ltd acquired Wisconsin-based Marvel Manufacturing, Inc., a U.S.-based metal cutting machine manufacturer, which produces materials for various vehicles and agricultural machines. The acquisition of Marvel enabled the company to add band saws for lightweight structural steels, to enhance its products offerings in North America.

In February 2018, O’Neal Manufacturing Services expanded its operations facility in the northern part of Houston in order to increase the supply of fabricated metal components and welded assemblies to OEMs

In June 2018, company launched powder coat paint division in Mundelein, Illinois., in order to expand in this market. This division’s focus is to paint metal parts of any color, texture, and volume by using electronic guns which increase life span of product