Portsmouth Metro Magazine

Milling Hope

Braidy Industries $1.3 billion Aluminum plant will Bring 600+ Jobs to Region

Portsmouth Metro Magazine, by Carrie Stambaugh

The excitement in the room was palpable during the cocktail hour of the Portsmouth Chamber of Commerce’s 2017 Annual Dinner held at Shawnee State University July 25. Craig T. Bouchard, Chairman and CEO of newly formed Braidy Industries, was the slated keynote speaker and everyone present was anxious to catch their first glimpse of the charismatic entrepreneur, who has promised to transform the region “for generations to come” with the country’s first new aluminum mill in nearly four decades.

 

See PDF >>

Gov. Bevin: Braidy Industries to Create 550 Jobs with $1.3 Billion Aluminum Rolling Mill in Eastern Kentucky

Kentucky State SealCommonwealth of Kentucky
Governor’s Office

FOR IMMEDIATE RELEASE

Contact:
Jack Mazurak
502.782.1965

Woody Maglinger
502.564.2611

Startup producer for aerospace and automotive industries to spearhead regional revitalization

WURTLAND, Ky. (April 26, 2017) – Gov. Matt Bevin and executives from Braidy Industries Inc. today announced the company will build a $1.3 billion aluminum mill and create 550 advanced manufacturing jobs in Greenup County to produce sheet and plate for the automotive and aerospace industries.

The announcement marks a turning point in bringing economic vitality to Eastern Kentucky, and comes just two days after the 53rd anniversary of President Lyndon B. Johnson’s 1964 declaration of the “War on Poverty” in Appalachia.

Read more

Braidy Industries Inc. to Spend $1.3 billion to Build the Highest Quality, Lowest Cost Auto Body Sheet and Aerospace Plate Aluminum Rolling Mill in the United States

CONTACT
Jaunique Sealey
(606) 575-3121
jsealey@braidyindustries.com

Robert Cavosi
(646) 638-9891
rcavosi@rooneyco.com

FOR IMMEDIATE RELEASE

Eastern Kentucky’s South Shore chosen over 24 proposed sites in two states

1000 construction jobs, 550 permanent highly skilled jobs and another 1000 supporting services jobs to the Appalachian area

Wurtland, KY – April 26, 2017 — The transformation in material sciences and advanced manufacturing was evidenced today during a joint announcement by Kentucky Governor Matt Bevin and Craig Bouchard, Chairman and CEO of Braidy Industries, Inc. (“Braidy”).  The Governor and Mr. Bouchard announced that Braidy, in partnership with the State of Kentucky and the Ashland Alliance, will construct the nation’s first Greenfield aluminum rolling mill in over three decades.

Read more

Tarter: Author Shares Insights on Caterpillar

Originally posted September 22, 2013

Craig Bouchard didn’t set out to write “a wonderfully endorsing” book about Caterpillar Inc. The co-author (with James Koch) of “The Caterpillar Way,” to be released next month, said the initial challenge was to chronicle the best managed company in the United States. “We devised a checklist of characteristics and looked at companies like Apple, Microsoft, IBM, General Electric and Walmart, but Caterpillar was the only one that checked them all,” said Bouchard. “The book is the story of a company that lost $1 million a day for three years in the early 1980s that became the best managed company in the country,” he said of Caterpillar.

Read more

Executive Interview, Craig Bouchard: Play Hard, Fight Hard, Win

American Metal Market

Originally published August, 2013

Play Hard, Fight Hard, Win

Craig BouchardThe competitiveness comes naturally. Bouchard was raised in a houshold which embraced and thrived on a ‘winner-take-all’ attitude and where the former Inland Steel put food on the table.

No matter the weapon of choice—the nearest pillow, a blazing fastball, a crushing backhand or a highstakes proxy vote—Craig Bouchard loves a good fight. And over a career spanning more than three decades and stints as an investment banker, chief executive officer of a risk management software company, dealmaker, takeover artist, financial wizard, steel mogul, author and entrepreneur, he’s made a habit of winning.

Read more

Craig Bouchard, U of C, Chicago Booth Magazine

Craig Bouchard, ’81

Chicago Booth Magazine (U of C)

Originally published October, 2015

The entrepreneur reflects on tossing out an entire board of directors, the joy of making hard-working employees into millionaires, and the importance of bedtime stories for kids.

Read more

ISU Redbird Magazine Cover Featuring Craig Bouchard

The Base for Success

Redbird Magazine

by Lauren Hutchcraft

Former Redbird baseball player and successful businessman Craig Bouchard had a ground-breaking idea and Illinois State was where it all began.

“Business is a lot like sports,” Bouchard, a letter winner on the redbird baseball team, said. “I don’t see business as a job, it is a game. If you play hard and fight, you may lose a few, but you win most of them. I never had a job. I get to compete all the time like I did in sports. Business has been much like that.

Read more

Craig Bouchard Resigns from Board of Directors of Real Industry Inc.

FOR IMMEDIATE RELEASE

CHICAGO, IL (August 23, 2016) Serial entrepreneur Craig Bouchard today announces he will be resigning from the Board of Directors of Real Industry Inc.

“I want to thank the management team and all employees who worked tirelessly to grow the company from $40 million of annual revenue to roughly $1.4 billion of annual revenue on two continents over the past two years,” states Bouchard. “The Board of Directors and I share a different vision for the path of growth going forward but I will continue as a significant shareholder and supporter of the Real Industry team.”

Read more

Real Industry: CEO Loss Stings

Seeking Alpha

by Peter Kaye

Summary

  • A core part of my thesis hinged on a skilled capital allocator presiding over Real Industry.
  • The resignation of Mr. Bouchard detracts from the attractiveness of RELY as an investment.
  • I’m adjusting my target price from $13.92 to $10/share in light of the uncertainty surrounding this management change.

Read more

Signature Group: An Opportunity to Tag Along With Sam Zell

Acquisition strategy and a big swath of federal net operating tax-loss carryforwards, which could pay off for investors in Signature Group.

Barron’s

By David Englander

Last week, this column highlighted the opportunity present in the shares of Covanta Holding, pointing out that the waste-to-energy company (ticker: CVA) has long benefited from its association with investor Sam Zell.

Zell is well known for his success at turning around businesses, often becoming involved at the bottom. Investors usually have done well to tag along.

Read more