Alcoa (NYSE:AA) has signed a multi-year supply agreement with Airbus valued at approximately $110 million for value-add titanium and aluminum aerospace forgings. Alcoa will produce the parts using its recently modernized 50,000-ton press in Cleveland, Ohio. This press uses state-of-the-art controls to meet stringent aerospace specifications and is [...]
Alcoa (NYSE: AA) today announced new three-year business targets through 2016, building on the Company’s strong execution of its strategy to grow its value-add businesses and lower the cost structure of its commodity business. Alcoa executives confirmed their new targets, and reviewed achievements against existing three-year goals, at the Company’s [...]
Alcoa (NYSE:AA) commends the London Metal Exchange (LME) for taking steps today to create a more transparent marketplace, which Alcoa recommended and industry participants broadly support. The immediate next step is for the LME to provide a clear timeline in which to implement this change. Alcoa believes this is key to ensuring a more transparent [...]
Alcoa (NYSE:AA) will host an Investor Day event on Thursday, November 7, at the Intercontinental Hotel in Cleveland, Ohio. The event will be webcast live starting at 9:00 a.m. EST via Alcoa's website. Presentation materials will be available online. At the event, Alcoa senior executives will provide an in-depth perspective on Alcoa's businesses [...]
Alcoa (NYSE:AA) has named Esra Ozer President of Alcoa Foundation, one of the largest corporate foundations in the United States, effective October 31. She succeeds Paula Davis, the Foundation’s President since May 2010, who resigned to take a role outside of the Company. Esra Ozer is named President, Alcoa Foundation. (Photo: Business Wire [...]
Alcoa (NYSE:AA), the leading supplier of aluminum solutions to the world's aerospace industry, and Russia’s VSMPO-AVISMA Corporation, the world?s largest manufacturer of titanium ingots and forged products, have agreed to join forces to meet growing demand for high-end titanium and aluminum products for aircraft manufacturers worldwide. Alcoa [...]
Please replace the photo with the accompanying corrected photo. Alcoa and the U.S. Army Research Laboratory have launched a cooperative effort to develop the world's largest single-piece aluminum hull for ground combat vehicles, shown here, to improve the military's defense against a grave threat to soldier safety: Improvised Explosive Devices [...]
Alcoa (NYSE: AA) and the U.S. Army Research Laboratory have launched a cooperative effort to develop an aluminum solution to a grave threat to soldier safety: Improvised Explosive Devices (IEDs). The solution, a single-piece aluminum hull for ground combat vehicles, would replace today’s assembled hulls and deliver even greater strength and [...]
Alcoa (NYSE:AA), the inventor and global leader of forged aluminum wheels, today rolled out the most advanced aluminum wheel alloy in 45 years. The new material opens the door for lighter weight wheels at increased strength with the same corrosion-resistant characteristics as the industry standard, also made by Alcoa. Alcoa expects to introduce a [...]
Alcoa (NYSE: AA) today announced that the smelter at the Ma’aden-Alcoa joint venture, which remains in initial start-up phase, has halted production on one of two potlines. The temporary shutdown was undertaken after a period of pot instability. The joint venture is actively working to restore the potline, and it is expected to be completed and [...]
Alcoa (NYSE:AA) today announced that Graeme Bottger has been named Executive Vice President and President of Global Business Services (GBS). Assistant Controller Robert Collins will succeed Bottger in the role of Vice President and Controller. These changes take effect on October 21st. Mark Davies, who has been President of GBS since 2012, will be [...]
Alcoa (NYSE: AA) today announced its latest armor product is now specified for use by the U.S. Army Research Lab (ARL) for use in U.S. military vehicles. Alcoa’s ArmX® 5456-H151 armor plate meets the U.S. military’s highest performance standards for strength, blast absorption, and ballistics resistance for armored combat vehicles where weldability [...]