Aluminum producer setting up facility in Kentucky

Matalco

FRANKLIN, Ky. (AP) — An aluminum manufacturer is spending $53 million to set up a plant in a vacant facility in south central Kentucky. Matalco says the plant will create 60 full-time jobs in the coming years. The company will convert a 461,000-square-foot facility in Simpson County into a plant that produces ingots from recycled aluminum. It is expected to be operating by 2022, with annual capacity to produce 270 million pounds of aluminum ingots.