Aleris International
Encyclopedia
Aleris International is a producer of aluminum rolled and extruded products, recycled aluminum, and specification aluminum alloy manufacturing. Its headquarters are in Beachwood, Ohio
Beachwood, Ohio
-External links:* *...

, a suburb of Cleveland, and it has access to 40 production facilities across the world.

Aleris was formed in 2004 through the merger of Commonwealth Industries, Inc. and IMCO Recycling Inc.

In February 2009, the US Justice Department filed suit against Aleris alleging that 15 of its plants had violated the Clean Air Act
Clean Air Act
A Clean Air Act is one of a number of pieces of legislation relating to the reduction of airborne contaminants, smog and air pollution in general. The use by governments to enforce clean air standards has contributed to an improvement in human health and longer life spans...

 by emission of pollutants. In August 2009, Aleris settled the suit with the government, and agreed to pay a $4.6 million fine and spend an additional $4.2 million on new pollution controls at its plants.

Aleris filed for Chapter 11 bankruptcy on . It announced plans in May 2010 to exit bankruptcy as a privately-held company owned by investment funds of Apollo Management
Apollo Management
Apollo Global Management, LLC is a private equity investment firm, founded in 1990 by former Drexel Burnham Lambert banker Leon Black. The firm specializes in leveraged buyout transactions and purchases of distressed securities involving corporate restructuring, special situations and industry...

, Oaktree Capital Management
Oaktree Capital Management
Oaktree Capital Management, L.P. is a global investment management corporation with about US$82.4 billion of assets under management. Oaktree's mission is to provide management with a primary emphasis on risk control in a limited number of sophisticated investment specialties...

, and Sankaty Advisors.

Aleris filed with the SEC to raise up to $100 million in an IPO in April 2011.
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