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Noranda Aluminum Holding Corp. (NORNQ) RSS Feed

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Noranda Aluminum Holding Corp 801 Crescent Centre Dr Franklin, TN 37067-6224 Phone: 615-771-5700 Fax: 615-771-5701 http://www.norandaaluminum.com/ Noranda Aluminum, Inc. is a leading North American integrated producer of value-added primary aluminum products as well as high quality rolled aluminum coils. We have two businesses, our primary metals business, or upstream business, which produces 254,000 metric tons of primary aluminum annually, and our rolling mills, or downstream business, which is one of the largest foil producers in North America and a major producer of light gauge sheet products. Noranda Aluminum, Inc. is a wholly owned subsidiary of Noranda Aluminum Holding Corporation, a private company owned by affiliates of Apollo Management, L.P. Formed in 1968, Noranda Aluminum's Primary Products complex is located at a strategic mid-U.S. distribution point on the west bank of the Mississippi River, five miles south of the City of New Madrid in Southeast Missouri. Corporate offices of Noranda Aluminum Inc. are located in Franklin, TN. The Noranda Aluminum Inc's New Madrid complex came into production in four stages: The Rod Mill, supplied with purchased aluminum metal, started initial production in the fall of 1969. First aluminum metal was produced by the Reduction Plant on February 25, 1971. Phase II of the Reduction Plant was completed and metal production started in 1976. Phase III was completed and first metal tapped on July 29, 1983. Further improvements were added in 1999, including the single piece anode project and a second rod mill. Noranda Aluminum's reduction plant incorporates the most advanced environmental control technology and has current annual metal production of 254,000 metric tons. Part of the plant's metal production is produced for the Rod Mill for conversion into aluminum rod used in the manufacture of electrical conductor products. The balance of metal output is sold to Noranda's customers in the form of extrusion billet, foundry ingot, and primary sow. The Company's sales division is headquartered in New Madrid with regional sales managers in Tennessee and Texas. From New Madrid, the company's aluminum is transported to customers throughout the United States by rail or truck. Aluminum is also sold to overseas customers, and transported by rail and truck to seaports for placement on oceangoing vessels. Noranda's New Madrid operations directly employs 1,100 people with an annual payroll of approximately $60 million, providing economic support and stability to the Southeast Missouri regional economy. Revenue (2005): 1068.90 M Employees (2005): 4,300 http://biz.yahoo.com/ic/159/159680.html ________________________________________________________________________________________________________________________________ Noranda Aluminum registers for IPO Thursday May 8, 6:50 pm ET Noranda Aluminum Holding, controlled by Apollo Management, plans initial public offering NEW YORK (AP) -- Noranda Aluminum Holding Corp., which produces aluminum products and rolled aluminum coils, plans an initial public offering of its common stock, according to a Securities and Exchange Commission filing on Thursday. The Franklin, Tenn.-based company produces aluminum products and rolled aluminum coils. Noranda's primary metals business accounts for about 10 percent of total U.S. primary aluminum production. In addition, Noranda's rolling mill facilities produce foil and certain sheet products. In 2007, it accounted for about 17 percent of the total North American aluminum flat rolled products industry. Noranda did not disclose the expected size or price range of the IPO, but indicated the offering price may total up to $250 million. The total offering price was estimated to calculate the company's registration fee and may change. The company plans to use the net proceeds from its portion of the offering for general corporate purposes. Noranda also expects some shareholders to sell stock as part of the IPO. Noranda is controlled by Apollo Management LP, which will continue to control a majority of its voting shares after the IPO. President and Chief Executive Layle K. Smith previously served as CEO of Covalence Specialty Materials Corp. until it merged with Berry Plastics Corp. under Apollo control. At Berry, he then served as an executive director. Noranda plans to list its shares on the New York Stock Exchange under the symbol "NOR." The company did not disclose the IPO's underwriters. http://www.norandaaluminum.com/primaryproducts/nor-about-us.html http://www.iposcoop.com/index.php?option=com_content&task=view&id=1345&Itemid=128 http://www.recyclingtoday.com/news/news.asp?ID=7963 http://www.forbes.com/feeds/ap/2008/05/08/ap4988836.html http://www.magnesium.com/w3/news-room/news_open.php?news=3605 _________________________________________________________________________________________________________________________________ ( 1 month daily, 3 month daily, 1 year weekly) (3 month daily) (6 Month Daily w/ ADX,..................................... 6 Month w/ Psar & PPO) ( 1 yr daily , .................................................... 1 yr daily ) 1 YR Weekly ,........2 YR Daily
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