Alcoa

Alcoa receives committment for $259 million U.S. loan to expand aluminum output

12:01 am U.S. ET | March 26, 2015

The U.S. Department of Energy has offered a conditional commitment to lend Alcoa Inc. $259 million to expand automotive aluminum sheet production capacity at the supplier's Tennessee factory, reviving a long-dormant loan program to support the development of energy-efficient vehicles....
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Alcoa signals key improvement in auto aluminum, lands new customer

4:30 pm U.S. ET | Dec. 4, 2014

Aluminum giant Alcoa said today it has solved one of the biggest wrinkles automakers wrestle with when stamping aluminum body panels: formability. The supplier said it has at least one customer for the aluminum sheet produced by its new Micromill process....
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Automakers in 'race' to secure aluminum supply, Constellium CEO says

1:04 pm U.S. ET | Oct. 3, 2014

Automakers are in a "race" to secure aluminum supplies as they use more of the lightweight metal instead of steel, Constellium's CEO said. The company said Friday it is buying another aluminum fabricator in the U.S. for $455 million....
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