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Braidy Atlas Announces Collaboration with Car Manufacturer Focused on Sustainability and Supply Chain

April 29, 2019

ASHLAND, Ky.--(BUSINESS WIRE)--Apr 29, 2019--Braidy Atlas (“Braidy”) announced the creation of a milestone plan for cooperation with the BMW Group (“BMW”) on sustainability and technical/qualification for the future supply of series 5000x and 6000x automotive aluminum sheet. Included is a comprehensive closed-loop recycling strategy leveraging Braidy Atlas’ logistically optimal location in Ashland, Kentucky and in close proximity to BMW´s car production plant in Spartanburg, South Carolina.

Braidy Atlas recently announced its intention to become the first North American rolling mill to use 100% green inputs from inception. As the first U.S. rolling mill to obtain a low-emissions air permit from the Federal EPA, Braidy has targeted 20% lower emissions than competitors.

Craig Bouchard, Chief Executive Officer of Braidy said, “Our low-cost, high-quality, low-carbon footprint allows material improvement in global supply chain costs for BMW as a key customer.”

Lord Gregory Barker, Executive Chairman of EN+ and named Co-Chairman of Braidy Atlas stated, “This groundbreaking collaboration is just the beginning of opportunities as we competitively combine the highest quality aluminum with the lowest-carbon content yet, together setting an exciting new standard not just for North America but our industry globally.”

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About Braidy Atlas:

For more information, visit  www.braidy.com.

View source version on businesswire.com:https://www.businesswire.com/news/home/20190429005455/en/

CONTACT: Media:

Jaunique Sealey

Tel: 606-420-4645

jsealey@braidyindustries.com

KEYWORD: UNITED STATES EUROPE NORTH AMERICA KENTUCKY GERMANY

INDUSTRY KEYWORD: ENERGY OTHER ENERGY MANUFACTURING AUTOMOTIVE MANUFACTURING STEEL ENVIRONMENT

SOURCE: Braidy Atlas

Copyright Business Wire 2019.

PUB: 04/29/2019 10:00 AM/DISC: 04/29/2019 10:00 AM

http://www.businesswire.com/news/home/20190429005455/en

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