On July 31st, 2022 the merger between Unity Aluminum Inc. (Unity) and Steel Dynamics Inc. (SDI) closed. It was the successful culmination of our vision to partner with a market-leading organization that shared our commitment to reshaping the aluminum rolling mill industry in the United States.
The merged entity is Aluminum Dynamics and will be jointly owned between SDI and Unity with SDI holding the majority control.
Aluminum Dynamics moved our original thesis forward with a bold and expanded vision. Originally Unity Aluminum intended to primarily serve the Automotive and Industrial markets with a 350KMT plant. Aluminum Dynamics has expanded the plant to serve the growing Beverage segment in addition to the Automotive and Industrial markets fully responding to the urgent callings of the US market for high-quality domestically produced flat-rolled aluminum. This new mill will have the capability to produce 650KMT and will be the most modern and energy-efficient mill in North America.
We are grateful for our world-class teammates, their unwavering belief in the mission, and our investors who have been supportive over a dynamic and challenging period.
For our investors, you will find a secure portal in the menu above where you will find periodic updates and for those who are simply curious about our story, stay tuned…