Foothill Ranch-based Kaiser Aluminum Corp. is spending $75 million to expand its mill in Trentwood, Wash., the company said Monday.
The move will help the company, which is in bankruptcy reorganization, meet growing demand for high-end aluminum products from the aerospace industry, the company said.
The $75 million expansion is set to unfold during the next three years. The plan is expected to be operating at full capacity in 2008. Much of the upgrade will pay for new equipment, including furnaces and machines that stretch aluminum.
Kaiser, which moved its headquarters from Houston to Foothill Ranch in June, said last month it could emerge from bankrutcy protection as early as January.
