News
USA - Alcoa Completes Iowa Auto Expansion
Issued at 2014-01-15
Tweet
Alcoa completed a $300 million expansion at its Davenport, Iowa, facility. The project is creating 150 full-time jobs and created an additional 150 jobs during the construction phase. With the amount of aluminum body sheet content in North American vehicles expected to quadruple by 2015 and increase tenfold by 2025 from 2012 levels, the Davenport plant is dedicated to supplying aluminum sheet products to the industry. Long-term supply agreements have already been secured for the Davenport facility. In addition to this expansion, Alcoa is adding automotive capacity in Alcoa, Tenn., which is scheduled to be complete in mid-2015, and at its joint-venture rolling mill in Saudi Arabia.
Source: Industrial Heating
Tweet
Related News
- Stay Ahead in Nonferrous and Lightweight. Follow Diecasting & Nonferrous China 2026
- European Foundry Industry in Transition – New Opportunities Through the Defense Sector
- Global pig iron production fell by 4.4% y/y in October
- India sharply increased iron ore imports by more than 200% y/y in January-October
- EU plans to limit exports of aluminium scrap
- Calderys Group celebrates 160 years of innovation and industrial excellence
- Foundries in Transition: Why Humanoid Robots Are Now in Demand
- Iron ore exports from Brazil increased by 5.7% y/y in January-October
- See all News
