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Supplier Finance Program
6 Months Ended
Jun. 30, 2024
Supplier Finance Program [Abstract]  
Supplier Finance Program

NOTE 9 - SUPPLIER FINANCE PROGRAM

The Company receives extended payment terms for a portion of its purchases (90 days rather than 60 days) with one of its principal aluminum suppliers in exchange for a nominal adjustment to the product pricing. The supplier factors receivables due from the Company with a financial institution. Obligations due to the factoring institution under this program as of June 30, 2024 and December 31, 2023 were $23.0 million and $18.0 million.