Entries by aciwpadmin

Six Lessons from CEO’s Huge Aluminum Gambit in Appalachia

By Dale Buss The ongoing construction of a $1.6-billion aluminum-rolling mill in Ashland, Kentucky, ticketed with the economic hopes and dreams of an entire region, is about as big and bold as an entrepreneur can go. But there are lessons for other business leaders in how Craig Bouchard, CEO of Braidy Industries, has approached his […]

Auto OEMs Look To New Braidy Industries Mill In Kentucky To Ease Aluminum Shortage

Dale Buss The auto industry’s challenge is Craig Bouchard’s opportunity. Orders for formed aluminum sheet products from his company’s new rolling mill in Ashland, Kentucky, through 2026 were already at 140 percent of output that’s expected when the $1.6 billion facility opens in 2020. Then President Trump slapped tariffs on imported aluminum, and Bouchard said […]

Braidy Industries Completes $75 Million Issue of Common Stock and Closes Acquisition of High-Technology Metals Company Veloxint

Braidy Industries, headquartered in Ashland, Kentucky, raised $75 million dollars in a common stock issuance at $10 per share Veloxint, with its proprietary ultra-high-strength powder metallurgy technology, was acquired in a stock exchange for 100% of its outstanding equity, making Veloxint a wholly-owned subsidiary of Braidy Industries Veloxint manufacturing will be co-located at the Braidy […]

Lawmaker: Braidy Industries ‘Game-changer’ for Northeastern Kentucky

By MARK MAYNARD, Kentucky Today ASHLAND, Ky. (KT) – House Democratic Floor Leader Rocky Adkins said even when northeastern Kentucky was experiencing frustrating economic years, lawmakers on both the state and local levels never stopped laying groundwork for the future. EastPark Industrial Park was built near Interstate 64 along with a $50 million community technical […]

CEO of Braidy Industries: ‘We’re Going to Succeed’

By MARK MAYNARD, Kentucky Today ASHLAND, Ky. (KT) – Craig Bouchard has only to look outside the window of his downtown office in this northeastern Kentucky city for motivation. Ashland is a shell of what it used to be. But if Bouchard has his way, that will change. Bouchard, chairman and CEO of Braidy Industries, […]

Top 10 Local Stories of 2017

By Glenn Puit & Mike James The Daily Independent It’s official — 2017 is in the books as of midnight tonight. Looking back on the year it was most certainly a 12 months packed with interesting, intriguing and important local news. There were a bevy of new jobs created in the Tri-State. There were concerns […]