The capital will fund a significant technological pivot at the historic plant, where the company plans to decommission an aging single cupola furnace in favor of four high-efficiency electric coreless induction furnaces. This shift is projected to boost the facility’s melting capacity by 25% while simultaneously slashing greenhouse gas emissions by at least 50%. Alex Jones, president of UB Community Development, cited the manufacturer’s century-long commitment to its workforce as a primary driver for the partnership.
In section Releases
ACIPCO Secures $10 Million Investment for Birmingham Plant Overhaul
A $10 million injection of New Markets Tax Credit financing from UB Community Development will anchor a $285 million modernization effort at American Cast Iron Pipe Company’s Birmingham facility, securing 1,775 existing roles while adding up to 100 new full-time manufacturing positions to the local economy.
Founded in 1905 and employee-owned since 1924, ACIPCO serves as a critical supplier for the nation’s waterworks and energy sectors. By transitioning to cleaner, more productive furnace technology, the company aims to solidify its competitive standing and long-term economic viability for the Birmingham region. The project represents a strategic alignment between the manufacturer's operational goals and the community development mission of United Bank, focusing on the preservation of high-paying industrial jobs.
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