Alcoa Corp.

Lightweight metals leader Alcoa (NYSE: AA) today announced a $190 million investment at its Davenport Works, Iowa, facility to expand its product offerings in the aerospace and industrial markets. Alcoa is installing manufacturing technology to enhance the performance of thick aluminum and aluminum-lithium plate in various applications, including wing ribs and fuselage frames. The investment in the Davenport rolling [...]

Alcoa (NYSE: AA) today issued the following statement: UNITED STATES DISTRICT COURTWESTERN DISTRICT OF PENNSYLVANIA   CATHERINE RUBERY, Derivatively on ) Case No. 2:12-cv-00844-DWA ...

Alcoa (NYSE:AA) today announced that it will host its annual Investor Day for shareholders and analysts on Tuesday, November 4, 2014 at the New York Stock Exchange at 11 Wall Street in New York City. The event will be webcast live starting at 9:00 a.m. EST via Alcoa’s website at www.alcoa.com/investorday. Presentation materials will be available online. During the event, Alcoa’s management will provide an update on how [...]

STAMFORD, CT--(Marketwired - Oct 24, 2014) - Finacity Corporation ("Finacity") announced today that it has appointed Judith S. Schrecker as a board director of the company. Schrecker recently retired as Chief Financial Officer of Alcoa's Global Rolled Products business. Alcoa (NYSE: AA) is a Fortune 200 global leader in lightweight metals technology, engineering and manufacturing. Under Schrecker's financial leadership [...]

Alcoa (NYSE: AA) today announced that it has reached an agreement to sell its ownership stake in the Mt. Holly aluminum smelter in Goose Creek, South Carolina, to Century Aluminum Company for $67.5 million in cash, plus an additional potential earn-out. Mt. Holly is owned 50.3 percent by Alcoa and 49.7 percent by Century. “While Mt. Holly is a strong facility, its cost structure doesn’t match Alcoa’s criteria for a low [...]

Alcoa (NYSE: AA) and Noble Group Ltd (SGX: N21) today announced the signing of a definitive agreement that will result in Alcoa World Alumina and Chemicals (AWAC) selling 100 percent of its ownership stake in the Jamalco bauxite mining and alumina refining joint venture to Noble for $140 million. AWAC will continue as the managing operator for three years under a compensated service agreement and employees will remain [...]

Alcoa (NYSE:AA), a global leader in lightweight, high-performance metals, has produced the world’s largest single-piece forged aluminum hull for combat vehicles to improve troop protection as part of a joint Alcoa-US Army initiative launched last year. Announced in Washington, DC at the Association of the US Army Annual Meeting—the largest landpower expo in North America—Alcoa manufactured the single-piece part, which ...

Lightweight metals leader Alcoa (NYSE:AA) today reported a surge in third quarter profits as the Company’s repositioning continues accelerating. Alcoa is aggressively transforming its portfolio by building out its multi-material value-add businesses to capture profitable growth and by creating a lower cost, globally competitive commodity business. In third quarter 2014, Alcoa reported net income of $149 million, or [...]

Alcoa (NYSE:AA), a global leader in lightweight metals technology, engineering and manufacturing, today is officially opening the world’s largest aluminum-lithium plant in Lafayette, Indiana where it produces advanced, third-generation aluminum-lithium alloys for the aerospace industry. Aircraft manufacturers are increasingly turning to lighter and stronger aluminum-lithium alloys, which are less expensive than titanium [...]

The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable November 25, 2014 to shareholders of record at the close of business on November 7, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2015 to shareholders of record at the close of business on December 12, 2014. About Alcoa A global leader [...]