Constellium and UACJ sign Joint Venture and select Bowling Green, Kentucky to produce Body-in-White aluminum sheet for automoti

Constellium and UACJ sign Joint Venture and select Bowling Green, Kentucky to
         produce Body-in-White aluminum sheet for automotive industry

PR Newswire

NEW YORK, May 9, 2014

NEW YORK, May 9, 2014 /PRNewswire/ -- Constellium N.V. (NYSE and NYSE
Euronext: CSTM) and UACJ Corporation (UACJ) (5741: TSE) announced today that
they have signed a Joint Venture Agreement to supply Body-in-White aluminum
sheet to the North American automotive industry, following their January 2014
announcement of plans to collaborate in the North American Body-in-White


The JV will have an initial target capacity of 100,000 metric tons supplied by
cold rolled coils from both partners' rolling mills. The facility, which will
be located in Bowling Green, Kentucky, will be designed to allow for expansion
beyond 100,000 tons. The total joint investment is expected to be
approximately $150 million. Production is scheduled to start in the first half
of 2016, with full capacity reached by 2018.

"Bowling Green is the right place for this plant, particularly because its
central location will allow us to serve automotive OEMs across the US with our
advanced and innovative range of products," commented Laurent Musy, President
of Constellium's Packaging and Automotive Rolled Products business unit. "The
availability of a highly skilled local labor force and the entrepreneurial
spirit of the area were the decisive factors in choosing the city of Bowling
Green and the state of Kentucky, which has been very supportive during the
decision process".

"This project is very significant for UACJ in terms of our Body-in-White
market strategy. We look forward to supplying automotive OEMs throughout the
US with advanced products utilizing the technologies each party has separately
developed in EU and Japan. We welcome this Joint Venture with Constellium to
tackle the strategic automotive market in the U.S." said Mitsuru Okada, CEO of
UACJ. "Both companies have been working hard together in the spirit of equal
partnership, allowing us to finalize the agreement in a timely and efficient

"We are honored to be chosen as the site for this facility and proudly
welcome the Joint Venture to Bowling Green," stated Warren County Judge
Executive, Michael Buchanon. "This is the largest capital investment in our
region in more than a decade and we are grateful to the Joint Venture for
their confidence in our community. This facility will be a perfect fit for our
region which is an automotive hub.The strategic location we offer, coupled
with access to a committed skilled workforce will allow the Joint Venture to
thrive. We look forward to working with the Joint Venture and to their success
here in Bowling Green."

"This is a great opportunity for UACJ and Tri-Arrows to participate in this
dynamic growth segment for aluminum along with our partners at Constellium,"
said Patrick Franc, President and CEO of Tri-Arrows Aluminum Inc. "We are also
very pleased with the choice of Bowling Green, which is in close proximity to
the Logan rolling mill."

The finalization of the joint venture remains subject to regulatory approvals
which are currently expected in the second half of 2014.

About Constellium

Constellium is a global sector leader that develops innovative, value added
aluminium products for a broad scope of markets and applications, including
aerospace, automotive and packaging. Constellium generated €3.5 billion of
revenue in 2013.

About UACJ

UACJ was established in October 2013 when Furukawa-Sky Aluminum and Sumitomo
Light Metal Industries integrated their business operations. Both companies
featured a distinguished history as aluminium producers in Japan. Together,
their annual capacity for rolled sheet products exceeded 1 million tons,
making them the largest such manufacturer in Japan and the third largest in
the world.

About Tri-Arrows Aluminum Inc. (TAA)

Tri-Arrows Aluminum, Inc. was established in August 2011 when a Consortium of
then- Sumitomo Light Metals Industries and Furukawa Sky Aluminum, in addition
to Sumitomo Corporation and Itochu Group purchased the former ARCO Aluminum,
Inc. TAA has long been an innovative leader in the supply and marketing of
rolled aluminium can sheet to the North American container industry with
annual production exceeding 325 thousand tons.

Forward-looking Statements

Certain statements contained in this press release may constitute
forward-looking statements within the meaning of the Private Securities
Litigation Reform Act of 1995. This press release may contain "forward-looking
statements" with respect to our business, results of operations and financial
condition, and our expectations or beliefs concerning future events and
conditions. You can identify forward-looking statements because they contain
words such as, but not limited to, "believes," "expects," "may," "should,"
"approximately," "anticipates," "estimates," "intends," "plans," "targets,"
likely," "will," "would," "could" and similar expressions (or the negative of
these terminologies or expressions). All forward-looking statements involve
risks and uncertainties. Many risks and uncertainties are inherent in our
industry and markets. Others are more specific to our business and operations.
These risks and uncertainties include, but are not limited to, the creation of
a joint venture in the United States to produce Body-in-White aluminum sheet
with UACJ Corporation, growth in the U.S. market for Body-in-White aluminum
rolled products and those set forth under the heading "Risk Factors" in our
recently filed Annual Report on Form 20-F and as described from time to time
in subsequent reports filed with the U.S. Securities and Exchange Commission.
The occurrence of the events described, and the achievement of the expected
results depend on many events, some or all of which are not predictable or
looking statements contained in this press release. We undertake no obligation
to publicly within our control. Consequently, actual results may differ
materially from the forward-looking statements contained in this press
release. We undertake no obligation to publicly update or revise any
forward-looking statement as a result of new information, future events or
otherwise, except as required by law.

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SOURCE Constellium

Contact: Constellium, Nicolas Brun - Communications, Phone: +33 (0)1 73 01 46
13, ; Paul Blalock - Investor Relations North
America, or Frederic Dunod - Investor Relations Europe,; Media relations Constellium Corporate,
Aina Ramboatiana, Phone: +33 (0)1 80 50 53 11,;
Hill+Knowlton Strategies (Media & Investors) Peter Poulos, Phone: +1 (212) 885
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