For the fourteenth year in a row, lightweight metals leader Alcoa (NYSE:AA) has been named as one of the world’s leading companies for sustainability on the prestigious Dow Jones Sustainability Indices (DJSI)—a globally recognized and reputable benchmark for corporate responsibility and sustainability. Alcoa was again recognized as the Aluminum Industry Leader on the Dow Jones World Index [...]
Lightweight metals leader Alcoa (NYSE: AA) today announced it will commercialize its breakthrough MicromillTM technology, working with the Danieli Group, a global supplier of plants and equipment to the metals industry. Danieli will license Alcoa’s intellectual property associated with manufacturing advanced Micromill® products. In a separate announcement made earlier today, Alcoa and Ford Motor Company said [...]
Ford Motor Company (NYSE:F) and Alcoa Inc. (NYSE:AA) are collaborating to produce next-generation automotive aluminum alloys that are more formable and design-friendly. This Smart News Release features multimedia. View the full release here: http://www.businesswire.com/news/home/20150914006256/en/ Ford will use Alcoa’s Micromill® material in multiple components on the 2016 F-150 – becoming the first [...]
Lightweight metals leader Alcoa (NYSE:AA) today announced the curtailment of Suralco’s remaining 887,000 metric tons per year of alumina refining capacity as discussions continue with the Government of Suriname on preserving the country’s bauxite and refining industry. The refinery is scheduled to be idled by November 30, 2015. The curtailment and ongoing discussions are aligned with Alcoa’s strategy to [...]
Lightweight metals leader Alcoa (NYSE:AA) is expanding its R&D center in Pennsylvania to accelerate the development of advanced 3D-printing materials and processes. Alcoa will produce materials designed specifically for a range of additive technologies to meet increasing demand for complex, high-performance 3D-printed parts for aerospace and other high-growth markets such as automotive, medical and building and [...]
RTI International Metals, Inc. (the “Company”) announced today that, in connection with the closing of the transactions contemplated by the Agreement and Plan of Merger, dated as of March 8, 2015, by and among the Company, Alcoa Inc. (“Parent”) (NYSE:AA) and Ranger Ohio Corporation (“Merger Sub”), a direct wholly owned subsidiary of Parent, the Company delivered a notice to holders of [...]
Lightweight and high performance metals leader Alcoa (NYSE: AA) today announced a realignment of its downstream segment as the Company’s value-add portfolio expands. Alcoa’s downstream portfolio will become two segments, one with a core focus on aerospace, and the other centered on the construction and commercial wheels markets. The realignment supports Alcoa’s transformation strategy to build its [...]
Lightweight metals leader Alcoa (NYSE: AA) today announced that it has completed the acquisition of RTI International Metals, Inc. (NYSE: RTI), a global leader in titanium and specialty metal products and services for the aerospace, defense, energy and medical device markets. The merger, announced on March 9, became effective today. Under the terms of the merger agreement, each share of RTI common stock has been converted [...]
RTI International Metals, Inc. (NYSE: RTI), a leading vertically integrated global supplier of advanced titanium and specialty metals products and services, today announced that its shareholders approved the merger agreement providing for the acquisition of RTI by Alcoa Inc. (NYSE: AA). At its annual meeting of shareholders held today, more than 94% of the shares voted at the meeting (taking into account broker non-votes [...]
The Board of Directors of Alcoa (NYSE:AA) today declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2015 to holders of record of the common stock at the close of business on August 7, 2015; (b) a dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock (“Class A Stock”) payable October 1, 2015 to holders of record of the Class A Stock at the close [...]
A Deletion from the S&P/TSX Global Mining Index TORONTO, July 14, 2015 /CNW/ - S&P Dow Jones Canadian Index Services will make the following changes in the S&P/TSX Canadian Indices: The shareholders of RTI International Metals Inc. (NYSE:RTI) are expected to accept the terms of a merger transaction with Alcoa Inc. (NYSE:AA). RTI International Metals shareholders will receive 2.8315 shares of Alcoa for each share held. RTI [...]
Lightweight metals leader Alcoa (NYSE:AA) today reported solid second quarter 2015 results as the Company’s transformation showed strong progress. Profitability from Alcoa’s growing aerospace and automotive businesses increased year-over-year as mid and downstream investments delivered positive impact. In the upstream, the Primary Metals business was resilient in the face of market headwinds and the Alumina [...]