Lightweight metals leader Alcoa (NYSE:AA) has entered into an agreement with Airbus to supply 3D-printed titanium fuselage and engine pylon components for Airbus commercial aircraft. Alcoa expects to deliver the first additive manufactured parts to Airbus in mid-2016. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20160407005755/en/ Alcoa has entered into an [...]
Alcoa (NYSE:AA), the world’s largest bauxite miner, today announced that Alcoa World Alumina and Chemicals (AWAC) has secured multiple bauxite supply contracts valued at more than $350 million over the next two years. Under the contracts, the Company will supply bauxite to external customers from three of its global mines as it continues to successfully build its third-party bauxite business. The new contracts cover [...]
Alcoa (NYSE:AA) will hold a conference call on Monday, April 11 beginning at 5:00 p.m. EDT to discuss first quarter 2016 results and business developments. The conference call will be webcast live via Alcoa's website, www.alcoa.com, with presentation materials available online at 4:15 p.m. EDT. Conference Call Information Time: 5:00 – 6:00 p.m. EDT Hosts: Klaus Kleinfeld, Chairman and Chief Executive [...]
Alcoa (NYSE: AA) today announced that Alcoa of Australia has agreed to sell its stake in DBP, the owner and operator of the Dampier to Bunbury Natural Gas Pipeline (DBNGP), to DUET Group (DUET) for AU$205 million (~US$154 million). DBP is currently owned 20 percent by Alcoa of Australia and 80 percent by DUET (in aggregate). As part of the transaction Alcoa of Australia will maintain its current access to approximately 30 [...]
The Board of Directors of Alcoa today declared (a) a quarterly common stock dividend of 3 cents per share payable May 25, 2016 to holders of record of the common stock at the close of business on May 6, 2016; and (b) a dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock (“Class A Stock”) payable July 1, 2016 to holders of record of the Class A Stock at the close of business on [...]
Lightweight metals leader Alcoa (NYSE: AA) today unveiled the name, logo and tagline of its future Value-Add company: “Arconic. Innovation, Engineered.” The future Upstream company will operate under the Alcoa name. The Company’s separation into two, independent, publicly-traded companies in the second half of 2016 remains on track. This Smart News Release features multimedia. View the full release here [...]
Lightweight metals leader Alcoa (NYSE:AA) has been awarded a five-year contract from the U.S. Army worth up to $50 million for R&D projects focused on developing innovative, lightweighting solutions for ground combat vehicles. The U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) awarded Alcoa Defense a “Ground Vehicle Light-Weighting” contract to support efforts to accelerate [...]
For the fifth consecutive year, lightweight metals engineering and manufacturing leader Alcoa (NYSE:AA) has been named the most admired metals company by Fortune magazine in its annual ranking on corporate reputation. Alcoa has been on Fortune’s Most Admired List since the publication began the annual ranking more than 30 years ago. In addition, Alcoa received top scores in all key attributes: innovation, people [...]
Lightweight metals leader Alcoa Inc. (NYSE:AA) today announced that it will appoint Ulrich “Rick” Schmidt, John C. Plant and Sean O. Mahoney to serve on the Company’s Board of Directors, effective February 5, 2016. These appointments will further strengthen the Company and add valuable aerospace and automotive experience to the Board as Alcoa prepares to separate into two independent companies in the [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced a long-term supply agreement with Boeing for multi-material aerospace parts. Under this agreement, Alcoa will supply components for the 777X—Boeing’s newest commercial airplane—the 737 MAX—scheduled for first delivery in 2017—and the 787 Dreamliner. The deal draws on capabilities gained through the Firth Rixson acquisition and the [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced it will delay the curtailment of its Intalco Works smelter in Ferndale, Washington until the end of the second quarter of 2016. The plant was initially scheduled to curtail by the end of the first quarter. The Company announced a full curtailment of the Intalco smelter (230kmt) on November 2, 2015, with the plant’s casthouse continuing to operate. However [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced that Karl Tragl will become President of the Company’s Transportation and Construction Solutions Group. He succeeds José Drummond, who resigned from Alcoa to become CEO of a Brazilian company. Tragl’s appointment is effective on February 15, 2016. This Smart News Release features multimedia. View the full release here [...]