The Saudi Arabian Mining Company (Ma’aden) and lightweight metals leader Alcoa (NYSE:AA) today announced that the alumina refinery at their joint venture aluminum complex in Saudi Arabia has successfully produced its first alumina from Saudi Arabian bauxite. The alumina refinery at Ras Al Khair is the first ever refinery to be constructed and [...]
Lightweight, high-performance metals leader Alcoa (NYSE:AA) today announced plans to further expand its global aerospace business through a definitive agreement to acquire privately held TITAL. The acquisition will strengthen Alcoa’s global position to capture increasing demand for advanced jet engine components made of titanium. Germany-based [...]
Alcoa Power and Propulsion, a unit of lightweight, high-performance metals leader Alcoa (NYSE: AA), is doubling its high-technology coating capacity at its Whitehall, Michigan facility. The $16.7 million investment will position the Company to further capture growing demand for advanced jet engine parts. The 7,700 sq. ft. building expansion will [...]
Lightweight metals leader Alcoa (NYSE:AA) today unveiled breakthrough manufacturing technology, the Alcoa MicromillTM, that will manufacture the most advanced aluminum sheet on the market. The Micromill will enable the next generation of automotive aluminum products, and equip Alcoa to capture growing demand. The Alcoa-patented Micromill process [...]
Alcoa (NYSE:AA) today announced that its Board of Directors declared a dividend of $7.53993 per share on the outstanding 5.375% Class B Mandatory Convertible Preferred Stock Series 1 (equivalent to $0.753993 per Depositary Share) payable on January 1, 2015 to shareholders of record of the Mandatory Convertible Preferred Stock at the close of [...]
Alcoa (NYSE: AA) today announced that it has completed two previously-announced sales within its Global Primary Products portfolio. The divestitures, one in the United States and the second in Jamaica, are aligned with Alcoa’s strategy to lower its cost base and create a globally competitive business. Alcoa World Alumina and Chemicals (AWAC [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced that it has completed the acquisition of Firth Rixson, a global leader in aerospace jet engine components. The Company closed the transaction, which was announced on June 26, 2014, after receiving all of the required global regulatory approvals and arranging financing for the deal. Firth [...]
Alcoa (NYSE:AA) Executive Vice President and Chief Financial Officer William F. Oplinger will speak at the annual Goldman Sachs Global Metals and Mining Conference being held November 19-20 in New York. The live webcast will start at 8:15 a.m. EST on Thursday, November 20. Oplinger will discuss how Alcoa is successfully building out its innovative [...]
Alcoa (NYSE:AA) executives today said that they continue to aggressively reposition the Company and that they are on track to successfully deliver against business targets introduced last year. Alcoa is transforming its portfolio by building out its innovative, multi-material value-add businesses to capture profitable growth and by creating a [...]
Lightweight metals leader Alcoa (NYSE: AA) today announced a $190 million investment at its Davenport Works, Iowa, facility to expand its product offerings in the aerospace and industrial markets. Alcoa is installing manufacturing technology to enhance the performance of thick aluminum and aluminum-lithium plate in various applications, including [...]
Alcoa (NYSE: AA) today issued the following statement: UNITED STATES DISTRICT COURTWESTERN DISTRICT OF PENNSYLVANIA CATHERINE RUBERY, Derivatively on ) Case No. 2:12-cv-00844-DWA ...
Alcoa (NYSE:AA) today announced that it will host its annual Investor Day for shareholders and analysts on Tuesday, November 4, 2014 at the New York Stock Exchange at 11 Wall Street in New York City. The event will be webcast live starting at 9:00 a.m. EST via Alcoa’s website at www.alcoa.com/investorday. Presentation materials will be available [...]
