sentences:  Following state-financed works on a hydroelectric dam in Trevelin, Chubut Province, Aluar opened its first smelter in Puerto Madryn, in 1974.The 47th largest enterprise in Argentina in 1979, and with an output of 140,000 metric tons, Aluar/FATE was listed on the Buenos Aires Stock Exchange that year.It expanded into the aluminium products industry with the purchase of Kicsa (a former subsidiary of Kaiser Motors), in 1983.