Aurubis Sells US Copper Processing Site to Wieland Group
September 4, 2024
Aurubis, a major copper processor, has announced the sale of its Buffalo, New York, site to the Germany-based Wieland Group. The Buffalo facility employs around 500 workers and specializes in producing copper and copper alloy strips and sheets used across various product lines. While the sales price remains undisclosed, this move aligns with Aurubis' strategy to concentrate on primary copper production, recycling, and expanding its multi-metal smelter network. The sale allows Aurubis to sharpen its focus on core areas, while Wieland continues its growth in copper processing.