Pioneering licence agreement

In a significant stride towards international expansion, TriAlCo, a leading North American aluminum manufacturer, and FEHRMANN, a renowned innovator in aluminum alloys, have announced a pioneering partnership. Jay Armstrong, President of TriAlCo, and Henning Fehrmann, CEO and Chairman of FEHRMANN, have officially signed a Know-how and License Agreement, marking a new era in aluminum manufacturing and distribution.

AlMgty, developed by FEHRMANN, is poised to redefine the standards in automotive, aviation, electronics and consumer electronics. This cutting-edge alloy is notable for unique strength and elongation while corrosion resistant and anodizable in color, able to save weight by 20 to 30% without compromising on strength, making it an ideal choice for industries seeking lighter and more efficient materials. Its production using 100% hydropower ensures the lowest carbon footprint, aligning it with the global pursuit of environmental sustainability.

Economically, AlMgty stands out for its potential to reduce costs by over 10%, attributable to leaner component designs, decreased material usage, and lowered production expenses. The alloy's versatility extends its applicability across various industrial processes, including casting, extrusion, and additive processes, making it a highly adaptable solution for diverse applications.

TriAlCo's license to market and produce AlMgty opens a new chapter for innovative foundries across the USA, Mexico, and Canada, introducing a robust and sustainable domestic supply chain for this groundbreaking material. This agreement empowers TriAlCo to market and produce AlMgty under license, offering innovative foundries in the USA, Mexico, and Canada access to this groundbreaking material.

“AlMgty is not just a product,” says Jay Armstrong, President of TriAlCo. “it's a catalyst for change in the aluminum industry. Its unique blend of strength and ductility, sustainability, and efficiency sets a new standard for what our clients can expect.” Henning Fehrmann, CEO and Chairman of FEHRMANN, adds: , “Our collaboration with TriAlCo is a testament to our commitment to innovation and sustainability. AlMgty is the result of years of research and development, and we're excited to see its impact across North America. It is a milestone for our internationalization.”