Kobe Steel's U.S. aluminum forging unit to increase production

Kobe Steel Ltd. has announced that its U.S. subsidiary, Kobe Aluminum Automotive Products, LLC (KAAP), will further increase production of aluminum forgings to meet the growing U.S. market for lightweight automotive suspension systems.

The Bowling Green, Kentucky-based company is investing $14 million to add a fourth mechanical forging press and associated equipment. Production is scheduled to begin April 2008.