Noranda Aluminum Holding Corp. (NYSE:NOR) is seeking acquisition opportunities. Noranda Aluminum Compression seeks to raise $350 million in primary offering and approximately $115.31 million in secondary offering.

The net proceeds from the sale of the securities by Noranda Aluminum will be used for general corporate purposes. General corporate purposes include working capital, the expansion of our production capabilities, research and development, purchases of capital equipment, potential acquisitions of businesses that is complementary to its business and the repayment, repurchase or redemption of outstanding indebtedness.