IBC Advanced Alloys Completes Consolidation
Subscriber Benefit
As a subscriber you can listen to articles at work, in the car, or while you work out. Subscribe Now
Franklin-based IBC Advanced Alloys Corp. has begun copper alloy casting at its new copper alloy foundry in Franklin. IBC says the launch of the new production facility marks the completion of a two-year consolidation of three production facilities into one vertically integrated manufacturing operation to produce copper and copper alloy products.
IBC says the $6 million project consolidated its Missouri and Pennsylvania plants and is expected to improve efficiencies and production cost savings, along with enabling the division to expand production and exposure into new markets.
“This is a major milestone for IBC and I am very proud of Mark Wolma and the entire Copper Alloys team for working so hard to successfully complete this strategic consolidation and expansion of our Franklin plant,” said Mark A. Smith, CEO and Chairman of IBC. “This consolidation marks the start of a new era for Copper Alloys, and the Board and I look forward to seeing the facility continue to ramp up to full-scale production as soon as possible.”