Aleris International Net Worth is4.83 $Billion
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Logo: Image:Aleris logo.svg
Type: Privately held company
Predecessor: Commonwealth Industries, Inc., IMCO Recycling Inc. Foundation: 2004/12/9 Location City: Beachwood, Ohio
Location Country: USA
Locations: 40 production facilities Area Served: Worldwide
Key People: Steven J. Demetriou (Chairman of the board and CEO) Industry: Manufacturing
Products: Aluminum products; recycled and aluminium alloy products
Owner: Texas Pacific Group Num Employees: over 6,500 Homepage: [http://www.aleris.com www.aleris.com]
Aleris International, Inc. is one of the largest private companies in the United States, as ranked by Forbes in 2011. It is a producer of aluminum rolled and extruded products, recycled aluminum, and specification aluminum alloy manufacturing. Its headquarters are in Beachwood, Ohio, a suburb of Cleveland, and it has access to 40 production facilities across the world.
Aleris was formed in 2004 through the merger of Commonwealth Industries, Inc. and IMCO Recycling Inc.
In February 2009, the US Justice Department filed suit against Aleris alleging that 15 of its plants had violated the Clean Air Act by emission of pollutants. In August 2009, Aleris settled the suit with the government, and agreed to pay a $4.6 million fine and spend an additional $4.2 million on new pollution controls at its plants.
Aleris filed for Chapter 11 bankruptcy on 12 February 2009. It announced plans in May 2010 to exit bankruptcy as a privately held company owned by investment funds of Apollo Management, Oaktree Capital Management, and Sankaty Advisors.[dated info]
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Aleris International Latest News

Aleris International files for bankruptcy protection

BEACHWOOD -- Beachwood-based aluminum company Aleris International filed for bankruptcy protection Thursday, saying the financial drain of the weak economy was too great. "Even though this is a tough process to go through, it will clearly make us a ...
Posted: February 12, 2009, 6:28 am

Aleris International : To Be Acquired By Zhongwang USA LLC

CLEVELAND, Aug. 29, 2016/PRNewswire / -- Aleris Corporation, a global aluminum rolled products producer, announced today that it has entered into a definitive agreement to be acquired by Zhongwang USALLC, a company majority-owned and led by Mr. Liu ...
Posted: August 29, 2016, 6:21 am

IPO Preview: Aleris

ARS operates two global business units: Global Rolled and Extruded Products and Global Recycling. On February 12, 2009, Aleris International, along with certain of its U.S. subsidiaries, filed voluntary petitions for Chapter 11 bankruptcy protection in the ...
Posted: April 11, 2012, 1:24 am
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