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Henry Kaiser founded Kaiser Aluminum in 1946 by leasing and later purchasing aluminum facilities in Washington state from the United States Government.
In 1946 Kaiser-Frazer and Kaiser Cargo, Inc., another Kaiser-controlled company, leased two government-owned aluminum plants in the state of Washington.
By late 1946 Permanente bought an empty aluminum plant in Tacoma, Washington.
To ensure the capital necessary for expansion, Permanente went public in July 1948.
The Kaiser Bauxite Company, a Bermuda mining operation, was organized in 1950 as a wholly owned subsidiary.
In March 1952, KACC signed a contract with the United States Air Force to design, build, and operate an aircraft-parts plant near the existing Halethorpe operation.
Ravenswood News November 21, 1957
In 1957 the company acquired a wire and cable plant in Bristol, Rhode Island, which produced a greater variety of conductors than any other plant in the United States.
The massive project, which was first discussed in 1958, included construction of a port, a dam, a bauxite mine, an aluminum smelter, as well as transportation and housing facilities.
By year-end 1960 KACC announced completed negotiations for the purchase and construction of plants in London, South America, Central America, and Spain.
In 1960 Kaiser teamed up with Consolidated Zinc to form Commonwealth Aluminum Corporation, Ltd.
On the domestic front, in 1965 Kaiser built a plant in Norco, Louisiana, to supply material for the aluminum reduction process, and a forgings plant in Oxnard, California.
KACC's 1967 purchase of Texada Mines, Ltd., further extended the company's holdings of phosphate deposits, iron, and other raw materials needed to keep Southern Nitrogen at the forefront in industrial chemicals.
Both ventures realized profits by 1970.
Ready's decision to diversify into agricultural and industrial chemicals panned out in 1974; non-aluminum sales accounted for nearly half the company's pretax profits.
The Spokesman-Review. “Kaiser plans expansion of Trentwood production,” December 3, 1976.
Blocking an attempted takeover, in first quarter 1987 KACC was reorganized as a subsidiary of KaiserTech Ltd., a holding company.
In 1987 MAXXAM's sales had been $34.6 million, primarily on sales of lumber and related products and real estate development.
In October 1988 KaiserTech was acquired by MAXXAM Group Inc.
Zuckerman, Laurence, "Kaiser Makes Surprise Bid for Alumax," New York Times, February 23, 1996.
Even the windfall from the electricity deal failed to pull Kaiser out of its mounting debt crisis, and in February 2002, the company declared bankruptcy.
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| Company name | Founded date | Revenue | Employee size | Job openings |
|---|---|---|---|---|
| Alcoa | 1888 | $11.9B | 14,600 | 43 |
| The Dow Chemical Company | 1897 | $43.0B | 54,000 | 232 |
| United States Steel | 1901 | $15.6B | 23,350 | 297 |
| Exxon Mobil | 1870 | $343.4B | 72,000 | 345 |
| General Electric | 1892 | $68.0B | 305,000 | 3,664 |
| The Williams Companies | 1908 | $10.5B | 5,425 | 274 |
| Xerox | 1906 | $6.2B | 24,700 | 747 |
| Loews | 1954 | $13.7B | 18,100 | 19 |
| KKR & Co. L.P. | 1976 | $21.9B | 1,600 | 31 |
| Sapa Profiles Inc | 1964 | $190.0M | 820 | - |
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Kaiser Aluminum may also be known as or be related to KAISER ALUMINUM CORP, Kaiser Aluminum, Kaiser Aluminum Corporation and Kaiser Aluminum Fabricated Products, LLC.