Nanshan Aluminum to open US plant

BEIJING - Shandong Nanshan Aluminum Co Ltd, China's second-largest aluminum products maker, said it will invest $161 million to build an extrusion plant in the United States to further tap into the overseas market.

The Nanshan facility in Lafayette, Indiana, will make high-end aluminum extrusions used in sectors such as mass transportation, automotive, distribution, and electrical industries, with annual production of 40,000 tons, said the Shanghai-listed company on Wednesday.

The plant in the US will also make materials for train bodies for the upcoming high-speed rail industry.