Florida Aluminum Distributor Purchases Dormant Aluminum Rolling Plant in Williamsport

Williamsport Chamber of Commerce

Williamsport, PA, August 6, 2021 — The Williamsport/Lycoming Chamber of Commerce is pleased to
announce today that AA Metals, Inc. with headquarters in Orlando, FL, has recently purchased the
former JW Aluminum plant in Williamsport that closed operations in January 2021. AA Metals, Inc. is
one of North America’s largest master distributors of aluminum and stainless products. As a global
leading master distributor, AA Metals has expanded its operations to Colombia, Turkey and China with
over 300 employees and over 800,000 SF manufacturing and distribution facilities. This will be their first
US based manufacturing operations. The Williamsport plant will start operation as early as Q4, 2021
under the name “Chance Aluminum Corp”.

“Having our own domestic mill has always been part of our vision to be the best and most dependable
master distributor in North America and aligns with our sustainable growth strategy”, said Dr. Jack
Cheng, CEO and President of AA Metals. “With the new addition of Chance Aluminum, we will increase
product capacity, expand market reach, and diversify our operations. Chance Aluminum will focus on
production as the reliable domestic supplier of AA Metals. For the next 12 months we plan to hire 100
employees locally, and generate over $100 million revenune in 2022. We will continue expand and
upgrade this plant to make it a state-of-art efficient aluminum rolling mill, which will provide more jobs,
generate more tax revenue, and bring more positive impacts to the city of Williamsport and local

“We are very happy to hear that AA Metals has purchased the former JW Aluminum plant in
Williamsport that closed earlier this year. Dr. Cheng and his team have the vision and goals that have led
to his company being one of America’s largest distributors in the aluminum industry. He will bring back
the prior workforce and looks to expand. On behalf of the Lycoming County Commissioners we
welcome Jack and his team to our community. We wish him great success and are honored that he
chose Willamsport as their 1st U.S. based manufacturing location.” – Scott Metzger, Chairman –
Lycoming County Commissioners

“I am very pleased to learn about the purchase of JW Aluminum. This acquisition will keep a company
here in Williamsport while maintaining valuable jobs in our community. I look forward to working with
the new ownership team to support the growth and expansion of their investment here in Williamsport
and to make the transition smooth and successful.” – Mayor Derek Slaughter, City of Williamsport
“We are excited to work with Jack and his team to bring back operations to the former JW plant. He has
the drive and vision to grow production here in Williamsport which will be beyond what had been
produced there previously. Chance Aluminum will not only bring back the prior workforce, but will also
see an increase in jobs over the coming years as Jack’s team implements his manufacturing plans.

We welcome Jack to the community and look forward to him in seeing through his vision.” – Jason Fink,
President/CEO, Williamsport/Lycoming Chamber of Commerce