Klockner & Co SE (KCO.DE), Thursday announced the decision to build a new aluminum flat-rolled processing facility on the campus of Aluminum Dynamics LLC in Columbus to expand its product and service portfolio.
The new facility, with ramp up planned for fourth quarter of 2026, will enhance the company's growth in the U.S. and Mexico markets.
The distributor of steel and metal products added that the investment will be realized through the company's U.S. subsidiary Kloeckner Metals Corp.
During the pre-market hours, Klockner's stock is trading at 4.46 euros, up 1.13 percent on the XETRA.
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June 19, 2026 16:46 ET Major central banks continued to dominate the economic news flow this week too, led by the Federal Reserve, as they announced their latest policy decisions. The Federal Reserve policy session was in focus as it was the first to be led by the new chief Kevin Warsh. In Europe, central banks of the U.K. and Switzerland announced their rate decisions. In Asia, the Bank of Japan drew attention for its policy moves, while data out of China threw some light on the state of the economy.