Kaiser Aluminum ( KLUCQ) set a $75 million expansion plan for its Trentwood, Wash., rolling mill. The Foothill Ranch, Calif., company said the outlay would help it address the significant growth in demand for fabricated aluminum products. The project is slated to proceed over the next three years. "This is an important expansion to meet a growing worldwide demand in our major markets for high-quality fabricated aluminum products," said CEO Jack A. Hockema. "The investment demonstrates our commitment to serving our customers' changing needs while equipping the company to benefit from the continuing growth and currently strong demand cycle of the global aerospace industry and other manufacturing sectors." The expansion includes the addition of a state-of-the-art thick plate stretcher, horizontal heat treat furnaces, an ultrasonic inspection system and other ancillary equipment to complement existing capabilities for light gauge plate and sheet at the facility. The new equipment will enable Kaiser to supply heavy gauge heat treat stretched plate in thicknesses of up to 8-10 inches to the aerospace and general engineering markets worldwide. The capital spending for this project is expected to span the period of 2005 through 2007, with the most significant expenditures occurring in 2006. This investment comprises a portion of the anticipated capital expenditures discussed in the company's most recent quarterly report on Form 10-Q. Kaiser Aluminum's Trentwood facility provides heat treat aluminum sheet and plate to major manufacturers worldwide. The plant employs about 600 people.