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News and Press
February 12, 2010
KB Alloys Announces New Joint Venture in China
Reading, Pa – KB Alloys, LLC has signed a joint venture with Nanjing Yunhai Special Metals Co. Ltd in Jiangsu province Peoples Republic of China. The newly formed company is named Nanjing Yunhai KB Alloys Co. Ltd.
“With the agreement finalized and the business license approved, we are now in full swing with our planned construction of a new state of the art manufacturing site in China,” says Rick Malliris, CEO of KB Alloys. “The new facility, producing aluminum based grain refiners and master alloys, will better position KB Alloys for long term global growth and afford Chinese aluminum mills with strategic access to KB Alloys quality. Additionally, the facility will offer logistic advantages for our well established customer base within Asia, the Middle-East and Europe.”
Based in Reading Pennsylvania, KB Alloys LLC is a global leader in the development and production of aluminum grain refiners, hardeners, master alloys and custom engineered materials used around the world.
Should you have any questions concerning this announcement please directed them to:
Tim Donnelly
Director of Sales & Marketing
Phone: 610-370-6733
tdonnelly@kballoys.com