Spectro Alloys Expands Rosemount, Minnesota, Operations
12/18/2017
The company plans to install two aluminum furnaces inside a new, fully-enclosed 5,000-square-foot building addition, resulting in reduced noise levels from the facility and process efficiencies.
As an incentive, Minnesota Department of Employment and Economic Development (DEED) is supporting the project with a $146,007 grant from the Job Creation Fund. The company will receive the grant once it has met investment and hiring commitments.
“Spectro Alloys is a growing Minnesota company that prides itself on efficiency and environmental stewardship,” said DEED Commissioner Shawntera Hardy. “This Job Creation Fund investment will allow the company to expand its already robust and innovative aluminum recycling operations.”
Spectro Alloys says it operates one of the most efficient, large-volume aluminum recycling plants in the country. The company buys aluminum scrap and produces high-quality aluminum alloys for foundries and die casters worldwide.
Article Discussion
Most Read
- Front Line: Construction Industry Faces a Labor Shortage
- First Person: Disruptive Technologies Changing the Business Landscape
- What Does Industry 4.0 Mean for U.S. Manufacturing?
- 32nd Annual Corporate Survey & the 14th Annual Consultants Survey
- 2017 Top States for Doing Business: Georgia Ranks #1 Fourth Year in a Row
- How Millennial Workforce Trends Are Affecting Business
- Tax Reform Through the Eyes of a Design-Build CEO
SPECIAL PRESENTATIONS
-
West Coast "Tech" Cities Top List, Smaller MSA's Show Workforce Chops
-
2017 Gold & Silver Shovel Awards Recognize States Compiling Healthy Rosters of New and Expanded Facilities
-
2017 Top States for Doing Business: Georgia Ranks #1 Fourth Year in a Row
-
31st Annual Survey of Corporate Executives: Confidence in U.S. Economy, Need for Investment in Infrastructure Reflected
