Construction Permits Issued for Matalco’s Aluminum Plant Groundbreaking

CEREMONY SET FOR OCTOBER 1ST

Wisconsin Rapids, WI- Earlier this year, another bright spot in our economy emerged when Matalco, Inc. announced its selection of Wisconsin Rapids with plans to invest over $80 million to construct a manufacturing facility in the Rapids East Commerce Center. At that time, the project was pending City approvals on real estate sales and development agreements.

“I am pleased to announce the Matalco project has reached another milestone,” Mayor Zach Vruwink said. “All approvals from state and local agencies have been secured and the necessary permits have been issued to begin construction,'' he added.

A groundbreaking ceremony for the plant has been slated for October 1, 12:00 pm at the construction site, 4800 Commerce Drive, Wisconsin Rapids, WI 54494.

This new 110,000 square foot manufacturing plant will be equipped with the latest advanced technology and will employ 80 permanent, full-time personnel with an annual production in excess of 230 million pounds of high-quality aluminum billet. The plans for this facility will ensure service to both existing customers and prospective clients and expand their market share.

About Matalco Inc. (www.matalco.com) Matalco Inc. is a leading producer of state-of-the-art aluminum extrusion and forging grade billet and rolling ingot slab manufactured primarily from scrap aluminum. Matalco Inc. has four plants strategically located in Brampton, Ontario; Canton, Ohio; Lordstown, Ohio and Bluffton, Indiana to serve our North American customers, with a combined annual production capacity of over 1 billion pounds of high-quality billet and slab ingot. Our facilities are designed with maximum efficiency and sustainability in mind, from minimizing carbon emissions with a highly efficient natural gas system, to utilizing technologically advanced homogenizing ovens, high efficiency furnaces and packing lines. The company provides LEED® qualified material and is both ISO 9001 and 14001 certified. Matalco prides itself as being North America’s largest independent operator of remelt facilities and an affiliate of Triple M Metal LP, Canada’s largest processor of recycled metal and top 10 in North America in terms of volume processed and shipped. This strategic relationship ensures that Matalco is provided with a stable and ready supply of scrap.

About The Giampaolo Group The Giampaolo Group is a fully integrated metal management group company featuring Triple M Metal LP, one of North America’s largest ferrous and non-ferrous metals recycling and processing operations; Venture Steel Inc., a steel processor and distributor of metal with a distinct focus on flat rolled steel products; Matalco Inc., a leading producer of extrusion grade aluminum billet, forging stock and rolling ingot slab manufactured primarily from scrap aluminum and Global Electric Electronic Processing (GEEP), a global leader in electronic asset management, data erasure for secure reuse and safe, compliant end-of-life electronics recycling for maximum resource recovery and diversion from landfill.

For more information on the groundbreaking event, contact Jennifer Clark at 715-421-8216 or [email protected]