Aleris Announces Temporary Shutdown of Its Richmond, Virginia Rolling Mill Facility

    BEACHWOOD, Ohio, Feb. 22 /CNW/ -- Aleris International, Inc. announced
today that it will be temporarily idling the majority of its total production
at its Richmond, Virginia rolling mill due to the continuing downturn in the
North American building and construction industry.  This action will allow us
to better align our production with demand.  All production for customers will
be phased-out during the first quarter of 2008 and transferred to other Aleris
facilities in North America.  Aleris will continue to provide the same high
quality products and services that customers expect.
    Prior to today's announcement, the Richmond facility supplied aluminum
coil for building and construction applications and employed approximately 100
operations employees.  Once the phase-out is complete, the facility will
employ approximately 25 operations employees and will be used primarily for
product development and internal requirements.
    Aleris International, Inc. is a global leader in aluminum rolled products
and extrusions, aluminum recycling and specification alloy production.
Headquartered in Beachwood, Ohio, a suburb of Cleveland, the Company operates
47 production facilities in North America, Europe, South America and Asia, and
employs approximately 8,800 employees. For more information about Aleris,
please visit our Web site at
    Forward-looking statements made in this news release are made pursuant to
the safe harbor provision of the Private Securities Litigation Reform Act of
1995.  These include statements that contain words such as "believe,"
"expect," "anticipate," "intend," "estimate," "should" and similar expressions
intended to connote future events and circumstances, and include statements
regarding future actual and adjusted earnings and earnings per share; future
improvements in margins, processing volumes and pricing; overall 2008
operating performance; anticipated higher adjusted effective tax rates;
expected cost savings; success in integrating Aleris's recent acquisitions,
including the acquisition of the downstream aluminum businesses of Corus Group
plc; its future growth; future benefits from acquisitions and new products;
expected benefits from changes in the industry landscape; and anticipated
synergies resulting from the acquisition of the downstream aluminum businesses
of Corus Group plc and other acquisitions.  Investors are cautioned that all
forward-looking statements involve risks and uncertainties, and that actual
results could differ materially from those described in the forward-looking
statements.  These risks and uncertainties would include, without limitation,
Aleris's levels of indebtedness and debt service obligations; its ability to
effectively integrate the business and operations of its acquisitions; further
slowdowns in automotive production in the U.S. and Europe; the financial
condition of Aleris's customers and future bankruptcies and defaults by major
customers; the availability at favorable cost of aluminum scrap and other
metal supplies that Aleris processes; the ability of Aleris to enter into
effective metals, natural gas and other commodity derivatives; continued
increases in natural gas and other fuel costs of Aleris; a weakening in
industrial demand resulting from a decline in U.S. or world economic
conditions, including any decline caused by terrorist activities or other
unanticipated events; future utilized capacity of Aleris's various facilities;
a continuation of building and construction customers and distribution
customers reducing their inventory levels and reducing the volume of Aleris's
shipments; restrictions on and future levels and timing of capital
expenditures; retention of Aleris's major customers; the timing and amounts of
collections; currency exchange fluctuations; future write-downs or impairment
charges which may be required because of the occurrence of some of the
uncertainties listed above; and other risks listed in Aleris's filings with
the Securities and Exchange Commission (the "SEC"), including but not limited
to Aleris's annual report on Form 10-K for the fiscal year ended December 31,
2006 and quarterly reports on Form 10-Q for the quarters ended on each of
March 31, 2007, June 30, 2007, and September 30, 2007, particularly the
sections entitled "Risk Factors" contained therein.
    (Logo: )

For further information:

For further information: Sean Stack of Aleris International, Inc., 
+1-216-910-3504 Web Site:

Organization Profile

Aleris International, Inc.

More on this organization

Custom Packages

Browse our custom packages or build your own to meet your unique communications needs.

Start today.

CNW Membership

Fill out a CNW membership form or contact us at 1 (877) 269-7890

Learn about CNW services

Request more information about CNW products and services or call us at 1 (877) 269-7890