Lightweight metals technology, engineering and manufacturing leader Alcoa (NYSE:AA) today announced that profits surged in the second quarter as the Company’s portfolio transformation continues accelerating. Alcoa is aggressively transforming its portfolio by building out its value-add businesses to capture profitable growth and by creating a lower cost, very competitive commodity business. In second quarter 2014, Alcoa [...]
Alcoa (NYSE:AA) will hold a conference call on Tuesday, July 8 beginning at 5:00 p.m. EDT to discuss second quarter 2014 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: ...
Leading aerospace manufacturer Alcoa (NYSE: AA) is expanding in Virginia to capture demand for next-generation aircraft engine parts. The Company is investing $25 million at its Alcoa Power and Propulsion facility in Hampton, Virginia to scale-up a breakthrough process technology that cuts the weight of its highest-volume jet engine blades by 20 percent and significantly improves aerodynamic performance. “We are [...]
Alcoa (NYSE:AA) announced today that Scott Kerns has been promoted to Vice President, Business Development & Global Affairs, part of Alcoa's Business Development, Government and Public Affairs organization, effective July 1. "Scott brings a depth of commercial and operational expertise to our team as we seek to deepen support of Alcoa's downstream, value-add businesses, in alignment with Alcoa's transformation," said [...]
Alcoa, Phinergy and Quebec Government Start Discussions Regarding Deployment of Aluminum-Air Battery Technology in the Province MONTREAL, June 2, 2014 /CNW Telbec/ - Alcoa (NYSE: AA) and clean technology company Phinergy today debuted a zero-emissions electric demo car powered by a revolutionary aluminum-air battery at the Circuit Gilles-Villeneuve in Montreal. Alcoa and Phinergy are collaborating on new materials [...]
MONTREAL, June 1, 2014 /CNW Telbec/ - Alcoa and clean technology company, Phinergy, are on the verge of sending a bolt through the electric vehicle market, jointly developing an aluminum-air battery that powers electric cars to greater distances. The Alcoa-Phinergy electric car will take laps around the Circuit Gilles-Villeneuve. Come watch as it hits the track ahead of the famed Formula 1 Grand Prix Du Canada in [...]
MONTREAL, June 1, 2014 /CNW Telbec/ - Alcoa and clean technology company, Phinergy, are on the verge of sending a bolt through the electric vehicle market, jointly developing an aluminum-air battery that powers electric cars to greater distances. The Alcoa-Phinergy electric car will take laps around the Circuit Gilles-Villeneuve. Come watch as it hits the track ahead of the famed Formula 1 Grand Prix Du Canada in [...]
Leading aerospace manufacturer Alcoa (NYSE: AA) today broke ground on its state-of-the-art, $100 million aerospace expansion in La Porte, Indiana where it will produce nickel-based superalloy jet engine parts. The new 320,000-square-foot facility will expand Alcoa’s reach from structural engine components for business and regional jets to large commercial aircraft, including narrow- and wide-body and military airplanes [...]
Alcoa (NYSE: AA) announces that 2013 was its safest, most environmentally-efficient year on record, as the Company made strong strides in improving the sustainability of its global operations. The achievements were announced in Alcoa’s 2013 Sustainability Report, which also highlighted breakthrough innovations to help customers meet sustainability challenges, including technology to enable lightweighting in [...]
Alcoa (NYSE:AA) Chairman and Chief Executive Officer Klaus Kleinfeld was named CEO of the Year at the 2014 Platts Global Metals Awards ceremony held today in London. The recognition caps off a transformational year for Alcoa, as it pivots from a commodity-centric focus to become a diversified lightweight metals enterprise. Judging criteria for CEO of the Year included integrity, leadership, decisiveness, strategic vision [...]
Alcoa (NYSE:AA) announced today that Alcoa Executive Vice President and Chief Financial Officer William F. Oplinger will present at the 31st annual Bank of America Merrill Lynch Global Metals, Mining and Steel Conference being held May 13-15 in Miami Beach, Florida. Oplinger will speak at 3:30 p.m. EDT on Tuesday, May 13. He will discuss Alcoa's transformation to build out Alcoa's value-add businesses and capture demand [...]
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable May 27, 2014 to shareholders of record at the close of business on May 12, 2014 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July 1, 2014 to shareholders of record at the close of business on June 13, 2014. About Alcoa A global leader in lightweight [...]