Business · Markets · 1 hr ago

Almec shares rise as it discusses aerospace supply work in North America

Almec shares rise as it discusses aerospace supply work in North America

Almec is a South Korean maker of aluminum parts, including cases for electric-vehicle battery modules.

It is expanding into aerospace and is discussing an initial supply order worth about 40 billion won with a North American aerospace company.

The discussions are not described as a completed contract.

Almec is also acquiring a factory in Alabama to establish a base in North America.

The company’s aerospace plans and North American presence have drawn attention as possible sources of future growth.

Almec shares rose during trading on October 12, 2026.

The sources give no further details on the timing or outcome of the supply discussions.

Sources

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