Gränges is a global leader in aluminium rolling and recycling in selected niches. We’re committed to creating circular and sustainable aluminium solutions in partnership with our customers and suppliers - for a better future.
Gränges is a global leader in aluminium rolling and recycling. We help customers grow and transition to climate neutrality. Our products enable efficient climate control in transportation and buildings, electrification and battery components, recyclable packaging, and more.
Gränges Endure is our product brand for aluminium solutions that combine the highest technical and sustainability performance.
Gränges’ ambition is to create circular and sustainable aluminium solutions for a better future. Sustainability, alongside people and safety, is a key driver of the company’s long-term competitiveness and value creation. These elements are at the core of Gränges’ business and strategy, emphasizing their central role in differentiating the company within the industry.
Investor Relations Director
Anna Hedenberg
anna.hedenberg@granges.com +46 76 869 96 48
Working at Gränges means being surrounded by proud, talented and motivated colleagues – in a safe work environment. Our success is based on extensive industrial craftsmanship and highly employees.
Today 3,500 employees make up Gränges Group in three regions: Americas, Asia and Europe. Gränges is a global company with local presence. Are you joining the team?
Here we have brought together our press releases, financial reports and images. Gränges aims to provide open and clear information disclosure. You are very welcome to contact us if you have questions.
VP Communication & Investor Relations
Sara Lander Hyléen
sara.hyleen@granges.com +46 709 16 16 41
Gränges will invest USD 52 million to expand its recycling and casting operations in Huntingdon, Tennessee. The investment will enable a market launch of near-zero carbon aluminium solutions in 2024 to meet the growing demand for sustainable products in North America. The new centre will be powered via renewable electricity as part of the Tennessee Valley Authority (TVA) Green Invest program.
The investment will result in significant cost reductions and contribute positively to Gränges’ operating profit and return on capital employed ratio from 2024 and onwards. It will also lead to a reduced carbon footprint driven by the use of renewable electricity and increased recycling.
To produce near-zero carbon aluminium solutions, i.e. with a carbon footprint of maximum 1 tonne CO2e per tonne aluminium, the new recycling and casting centre will use the latest technology in induction melting furnaces in combination with all-electric annealing ovens. Renewable electricity will power all equipment and downstream production processes, in partnership with Carroll County Electric and the TVA Green Invest Program.
The investment is estimated to take around two years to complete, and Gränges Americas’ near-zero carbon product portfolio will be available from mid-2024 with an estimated capacity of 25 ktonnes. The total production capacity in Gränges Americas will remain at 260 ktonnes finished product after the completion of the investment.
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