Constellium's Muscle Shoals facility receives Department of Defense grant to increase casting capacity

PARIS, July 23, 2024 (GLOBE NEWSWIRE) -- Constellium (NYSE:CSTM) announced today that its facility in Muscle Shoals, Alabama has been selected by the U.S. Department of Defense (DoD) for an investment of $23 million under Title III, Defense Production Act to rebuild its Direct Chill aluminium casting center. "This investment under the Defense Production Act will enable our industry to meet the rapidly increasing demand for the aluminium products needed not only for our national security, but also necessary ...