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Kaiser Aluminum Lands Bombardier Supply Deal

Foothill Ranch-based aluminum parts maker Kaiser Aluminum Corp. said it won a five-year contract to supply aluminum plate and sheet to Canada’s Bombardier Inc.

Terms of the deal weren’t disclosed.

The aluminum parts will be used in Bombardier’s planes. Bombardier is the third-largest plane maker behind Boeing Co. and Airbus SAS.

The win is another for Kaiser after it emerged from four years under bankruptcy reorganization in July.

In August, Kaiser signed a long-term pact to supply Boeing with sheet and light gauge aluminum plate for use in jets.

Decades-old Kaiser shapes aluminum into custom pieces for customers, which include aerospace companies, automakers and appliance companies. They use Kaiser’s parts in antilock brakes, water heaters and airplane wings.

Last summer, the company’s shares moved from the over-the-counter exchange to Nasdaq, where they have a market value of about $1.3 billion.

Kaiser reported sales of about $331 million for the quarter ended Sept. 30.

The company has manufacturing facilities in Arizona, South Carolina, Tennessee, London, New Jersey, Ohio, Washington, Virginia, Texas and Oklahoma.

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