Alcoa (NYSE: AA) today announced it will curtail 147,000 metric tons of smelting capacity at its São Luís (Alumar) and Poços de Caldas smelters in Brazil due to challenging global market conditions in primary aluminum and increased costs that have made the smelters uncompetitive. The curtailments are expected to be complete by the end of May 2014 [...]
Alcoa (NYSE: AA) has rolled out the world’s lightest heavy-duty truck wheel. This latest Alcoa innovation, the Ultra ONE™, will help trucks shed pounds for increased payload and fuel efficiency. Alcoa, the inventor and global leader of forged aluminum wheels, has rolled out the world’s lightest heavy-duty truck wheel: The Ultra ONE™ forged [...]
Alcoa (NYSE: AA) today announced that Glenn Miller has been promoted to Chief Financial Officer of its Global Rolled Products (GRP) business effective May 1. He succeeds Judy Schrecker who will retire from Alcoa after 34 years of service. Miller will be responsible for managing all aspects of the global GRP financial and information technology [...]
Alcoa (NYSE:AA), the inventor and global leader of forged aluminum wheels, is investing US$13 million to expand its wheel manufacturing plant in Europe, to meet growing demand for its lightweight, durable, low-maintenance aluminum truck wheels. To meet growing demand, Alcoa is doubling European production of its lightweight, durable [...]
Alcoa (NYSE:AA) today announced that Aquilino Paolucci, Vice President of Business Development and Regional Affairs for Latin America, has been named President of Alcoa Latin America and the Caribbean (LAC), effective as of March 1. Paolucci succeeds Franklin Feder who is retiring from Alcoa effective August 1 after 23 years with the Company [...]
Alcoa (NYSE:AA) has been named the most admired metals company in the world for the third consecutive year in Fortune magazine’s prestigious annual ranking on corporate reputation. Alcoa has been on the Most Admired list since Fortune began the annual ranking 31 years ago. Alcoa also received top ranking in eight of the nine key attributes [...]
Alcoa (NYSE: AA), a global leader in lightweight metals engineering and manufacturing, is a founding member of the country’s first manufacturing institute focused solely on light metals: the National Lightweight and Modern Metals Innovation Institute in Detroit, Michigan. The institute was formally unveiled by President Obama during an event in [...]
Alcoa (NYSE:AA) and the Government of Québec have reached an agreement to improve the competitiveness of Alcoa’s three smelters in Québec, securing approximately 3,000 jobs. Under the agreement, Hydro-Québec will renew Alcoa’s power supply contracts for the Becancour and Deschambault facilities until 2030 and for the Baie-Comeau plant through 2036 [...]
Alcoa (NYSE: AA) today announced it will permanently close its Point Henry aluminum smelter and two rolling mills in Australia. The smelter and an adjacent rolling mill are located in Geelong, Victoria. The second mill and a recycling facility are located in Yennora, New South Wales. The smelter will close in August and the rolling mills by the end [...]
Alcoa (NYSE:AA) announced today that Chairman and Chief Executive Officer Klaus Kleinfeld will present at the BMO Capital Markets 23rd Global Metals & Mining Conference in Hollywood, Florida, on Monday, February 24, at 11:00 a.m. EST. Mr. Kleinfeld will discuss Alcoa's repositioning strategy to build out the Company's value-add businesses and [...]
Bud Light drinkers across America can now enjoy new, reclosable 16-ounce bottles enabled by Alcoa’s technology and materials. Bud Light drinkers across America can now enjoy new, reclosable 16-ounce bottles enabled by Alcoa’s technology and materials. The new Bud Light “Cool Twist” reclosable aluminum bottle is based on Alcoa’s patented bottle [...]
Alcoa (NYSE:AA) today announced that Olivier Jarrault, Alcoa Executive Vice President and Group President, Engineered Products and Solutions (EPS), will speak at the Cowen and Company 35th Annual Aerospace/Defense Conference on Thursday, February 6, at The InterContinental New York Barclay. The presentation is scheduled to begin at 8:15 a.m. EST [...]
