Industry News

Matalco announces permanent closure of plant in Canton, Ohio

Views : 229
Update time : 2025-04-14 16:02:02
Matalco, a leading producer of aluminum slab and billet based in Canada, announced a permanent closure of a manufacturing plant in Stark County, Ohio, scheduled for June 6, within a period of 90 days. The closure would result in a layoff of 71 employees.

Based in Brampton, Ontario, the company submitted a Worker Adjustment and Retraining Notification (WARN) to the state on April 8. According to the notice, some of the affected employees would be offered jobs at one of the company’s other five US plants in Lordstown, Indiana, Kentucky, and Wisconsin.

Matalco, a producer of recycled aluminum slab and billet for extruded, forged, and rolled products, employed more than 650 people in the US and Canada as of July 2023. Its 100,000-square-foot facility on Louisville Street, built in 1996, is valued at US$3.3 million.
Related News
Read More >>
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Feb .24.2026
Nickel prices on Feb 20 rise on a weaker US dollar as hawkish Fed & Middle East tensions limit gains
Argentina terminates AD duties on China’s aluminum sheets Argentina terminates AD duties on China’s aluminum sheets
Feb .24.2026
Argentina terminates AD duties on China’s aluminum sheets
Nippon Steel raises prices for 300 series stainless steel dramatically Nippon Steel raises prices for 300 series stainless steel dramatically
Feb .24.2026
Nippon Steel raises prices for 300 series stainless steel dramatically
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain
Feb .24.2026
Indonesia and the Philippines' nickel industry alliance impacts stainless steel industry chain