Alcoa (AA) Announces Plans to Curtail Some Smelting, Refining Capacity
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Go back to Alcoa (AA) Announces Plans to Curtail Some Smelting, Refining Capacity
November 2, 2015 5:00 PM EST
Production curtailments of 503,000 metric tons of aluminum and 1.2
million metric tons of alumina
NEW YORK--(BUSINESS WIRE)--
Lightweight metals leader Alcoa (NYSE: AA) today announced that it is
taking decisive action to curtail uncompetitive smelting and refining
capacity to ensure continued competitiveness amid prevailing market
conditions. The Company will reduce aluminum smelting capacity by
503,000 metric tons and alumina refining capacity by 1.2 million metric
tons. Alcoa will begin the curtailments in the fourth quarter of 2015
and will complete them by the end of the first quarter of 2016.
The... More
October 29, 2015 10:00 AM EDT
Plant Doubles Capacity in La Porte, Meeting Growing Demand from
Aerospace Engine Manufacturers
Approximately $100 million, 320,000-square-foot expansion produces
nickel-based structural components for industrys best-selling jet
engines
Enables production of nearly 60 percent larger structural parts,
broadening reach into large commercial jet engine market
Supports growth of Alcoas value-add business in aerospace
To create 329 jobs by 2019; 155 new jobs already added
NEW YORK & LA PORTE, Ind.--(BUSINESS WIRE)--
Lightweight metals leader... More
