Aurubis AG is selling its Buffalo site in New York to the Wieland Group (Wieland). Wieland is a manufacturer of semi-finished copper and copper alloy products based in Ulm, Germany. Both parties have agreed to keep the sale price of the transaction confidential.
In the future, Aurubis will focus even more on primary copper production, recycling and the multimetal portfolio of its smelter network. In mid-2022, the company sold the production sites in Zutphen (Netherlands) as well as the slitting centers in Birmingham (United Kingdom), Dolný Kubín (Slovakia), and Mortara (Italy) with a total of about 360 employees to KME SE, based in Osnabrück, Germany. With the sale of the Buffalo site, Aurubis continues to reduce the scope and complexity of its flat rolled product area.
Since June 2022, Aurubis has been building a new production site in Augusta, Georgia, with a focus on processing complex recycling materials as part of its growth strategy. Aurubis Buffalo, Inc. has about 500 employees and produces copper and copper alloy strip and sheets that are used to manufacture a wide range of product lines including electrical products, electronic connectors, heat exchangers, and architectural products.
