14 10, 2021

Taber Extrusions Social Study: Aluminum’s Economic Impact

2021-10-14T02:28:11+00:00October 14th, 2021|

A photograph of a piece of paper, a dark blue pushpin is affixed at the top of a bar graph alongside a blue pen below which are the words “Taber Extrusion Social Study: Aluminum’s Economic Impact.”

Aluminum is everywhere. Many of the conveniences of modern life would not be possible without it. It is a crucial element for modern innovative applications, for sustainability, and also for the progress of the economy. Its strong and lightweight features and ability to be infinitely recycled propelled the U.S. aluminum industry to become the backbone of the nation’s manufacturing base. With the findings of research conducted by John Dunham & Associates and released by the Aluminum Association, this blog will delve deeper into the impact of aluminum on the United States’ economy.

An image of a person wearing a black helmet and a thick red jacket welding a piece of metal, with green light sparking out of the welding machinery.

The Aluminum Industry Generates Jobs

Several challenges have been presented to the industry in recent years, still, the aluminum market has shown a great deal of resilience. Even though the aluminum industry faced several challenges, including many job losses, growth in downstream segments like flat-rolled products and extrusions provided a way to compensate.

 

Today, the American aluminum industry directly employs over 166,000 people that generate more than 170 billion dollars in economic output. In addition, over 494,000 workers are indirectly employed, which contributes another 102 billion dollars to economic activity. As a whole, over 660,000 U.S. jobs are supported by the production, processing, and use of aluminum. Those employed in the aluminum industry earn an average yearly salary that is above the national average. Indirect employees contribute 44 billion dollars in wages and benefits to the economy. When all employment supported by the industry is considered, these jobs generate nearly 16 billion dollars in federal, state, and local taxes. 

An image of the tops of a bunch of shiny, unopened aluminum cans beneath a gray banner with the word “Recyclable” and a graphic of the green recycling symbol next to it.

Aluminum Recycling Generates High-Value Economic Impact

Aside from being strong and lightweight, aluminum also has the advantage of retaining its properties, making it one of the most recyclable materials. Having said that, the aluminum industry has recycled more than 70 percent of its output since it was established.

Aluminum recycling conserves more than 90 percent of the energy costs required in primary production. Recycling a pound of aluminum saves about 7 kilowatt-hours of electricity. Also, it is the only material in the consumer disposal stream that generates a greater return than the cost of its collection. Every minute, an average of 113,000 aluminum cans are recycled. The aluminum industry pays a tremendous amount of money to replace empty aluminum cans. With the recycling of aluminum, specifically aluminum cans, charitable organizations have been developed and supported for decades and more decades to come. 

An image of cylindrical billets of aluminum resting on top of each other with beams of wood between each of them and green bands to hold them in place.

Aluminum is a major contributor to the nation’s manufacturing base and economy, supporting thousands of jobs in many communities and regions. Over 660,000 workers are employed by the industry, which generates 170 billion dollars in economic output each year. Moreover, aluminum is considered to be a sustainable metal. This means it can be recycled multiple times without the risk of degrading breaking. Taber Extrusions understands the important role that aluminum plays in the nation’s economy and contributes to that role by providing various processing services related to aluminum. A few of these services include aluminum extrusions, micro extrusions, billet casting, aluminum fabrication, and friction stir welding.

ABOUT TABER

Founded in 1973, Taber Extrusions is the pioneer of extruding rectangular billet, allowing the company to manufacture solid profiles up to 31 inches wide or hollow profiles up to 29 inches wide. With the purchase of an extrusion facility in Gulfport, MS, Taber expanded its capabilities with a state-of-the-art cast house, two additional presses, micro extrusion capability, and numerous fabrication expansions.

Taber continues to extrude billets in an array of alloys and sizes. Its markets have expanded beyond the military to include aerospace, automotive, marine, infrastructure, and sporting goods. For these markets, the company supplies cast and extruded products in various soft and hard alloys.

Today, Taber Extrusions is a vertically integrated supplier of friction stir welding panels and assemblies in North America not previously seen – offering extruded aluminum components, value-added machining services, and raw materials.

Follow Taber Extrusions

LINKEDIN: https://www.linkedin.com/company/8843183/

FACEBOOK: https://www.facebook.com/taberextrusions/

TWITTER: https://twitter.com/taberextrusions

Are you interested in joining the Taber Team? Send your resume to: careers@taberextrusions.com

Become a customer today! Visit us or request a quote: https://taberextrusions.com or call us at (888) 985-5319.

17 08, 2012

Aluminum Week 2012: The Industry’s Look Ahead

2015-06-18T15:33:38+00:00August 17th, 2012|

It’s an exciting time to be in the aluminum industry. Auto makers are going full speed ahead with integration of aluminum bodies in the next generation of popular vehicles. Aluminum is involved in construction, reconstruction, and other infrastructure projects around the world. Even consumer interest in the aluminum recycling market is growing, leading to more efficient aluminum production that’s good for the environment.

The road ahead for our industry is an exciting one, and it’s no surprise that aluminum professionals are looking forward to the industry’s annual convention. Aluminum Week 2012 will be held from Monday, October 15 to Thursday, October 19 in downtown Chicago at the Renaissance Chicago Downtown.

As aluminum is increasing its presence for auto manufacturers, several speakers will explore this topic from a variety of perspectives. This includes, David Strickland, Administrator of the National Highway Traffic Safety Administration; Mitch Bainwol, President & CEO of the Alliance of Automobile Manufacturers; and Michael Robinet, Managing Director of IHS Automotive Consulting.

Hosted by the Aluminum Association, the Aluminum Extruders Council, and the Aluminum Anodizers Council, registration is now open for Aluminum Week 2012. For more information or to register, visit the official registration page.

14 06, 2012

Aluminum Demand Climbs in First Quarter

2017-01-26T23:37:31+00:00June 14th, 2012|

Did you know preliminary estimates of total aluminum demand in the United States and Canada for the first quarter totaled 5.8 million pounds? This is a 7.5 percent increase over the first quarter of 2011, according to the Aluminum Association, Arlington, Va.

Also, domestic aluminum production increased slightly in April after slipping in January and February from a two-year continuous upward momentum.

Read the full article here.

6 07, 2011

Aluminum Association Releases Video Honoring the Flag’s Unsung Partner: The Aluminum Flagpole

2017-01-26T23:37:32+00:00July 6th, 2011|

The Aluminum Association is paying tribute with a video of the flag and its unsung partner, the flagpole.  The video includes images of the American flag flying over various U.S. historical locations as well as the extrusion process used to create flagpoles.

Among the most notable applications of aluminum flagpoles are the 50 flags representing each state that fly around the base of the Washington Monument in Washington, D.C.  At one time, flags were flown on specific days of national celebration using temporary wooden flagpoles.  For the George Washington Birthday celebration of 1958, it was determined that the flags would be flown permanently at the Monument, and aluminum flagpoles were installed.

These flagpoles represent the modern age of aluminum production, a material used in applications ranging from wiring to automobiles to building facades and beverage cans. Aluminum is lightweight, durable, and does not corrode; these properties make it the perfect material for permanent applications, such as flagpoles, that must uphold Old Glory under even the harshest weather conditions.

To see the video, visit the Aluminum Association’s Facebook by CLICKING HERE.

Or visit YouTube: http://www.youtube.com/watch?v=1RvfLj2CY6Y

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