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A global leader in lightweight metals technology, engineering and manufacturing, Alcoa innovates multi-material solutions that advance our world.
As of start of day November 1st, 2016, the company has changed the name to Arconic Inc, and has spun-off the "new Alcoa" that has kept the Alcoa name and ...
The latest Tweets from Alcoa Inc. (@Alcoa). A global leader in lightweight metals technology, engineering and manufacturing, Alcoa innovates multi-material solutions ...
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Alcoa Inc. said Monday it would split in two, a move that would isolate the company’s more profitable parts-making units from its raw aluminum operations. The split ...
Alcoa Inc. Stock - AA news, historical stock charts, analyst ratings, financials, and today’s Alcoa Inc. stock price.
Stock analysis for Alcoa Inc (AA:New York) including stock price, stock chart, company news, key statistics, fundamentals and company profile.
Advance your career Since 1888, the people of Alcoa have partnered to create innovative and sustainable solutions that move the world forward.
Alcoa in the News October 21, 2016 Revised Time: October 27 Arconic 2016 Investor Event more PDF October 19, 2016 Alcoa Inc. Announces Revised Record Date for ...
Alcoa Inc. (from Aluminum Company of America) is an American public company best known for its work with lightweight metals and advanced manufacturing techniques. The world's third largest producer of aluminum, behind Chinalco and Rusal, the company has corporate headquarters in New York City. From its operational base in Pittsburgh, Pennsylvania in the United States, Alcoa conducts operations in 30 countries. It is one of the world's largest lightweight metal manufacturers of products made of aluminum, titanium and nickel. Alcoa’s products are used worldwide in aircraft, automobiles, commercial transportation, packaging, building and construction, oil and gas, defense, and industrial applications. Alcoa's products include fastening systems for the Airbus A380 jet, sheets for Ford's F-150 truck, and the first aluminum fan blade for Pratt & Whitney jet engines. Alcoa also supplies aerospace-grade aluminum produced in South Korea to Samsung Electronics for its Galaxy S6 and Galaxy S7 model line-up. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. As of 2015, the company has $36.7 billion in assets and 60,000 employees.Its operations are made up of three business groups: Engineered Products and Solutions (EPS); Global Rolled Products (GRP); and Global Primary Products (GPP). EPS consists of five businesses: aerospace, gas turbines, building and construction, and commercial transportation. EPS mainly concerns the manufacturing operations, such as production of airfoils, fasteners and architectural systems. The GRP segment possesses two units: Global Packaging (producing beverage containers, industrial packing and foil); and Aerospace, Transportation and Industrial, which manufactures aluminum plates and sheets for these markets. The GPP manages the commodity segment, wherein the mining, refining, smelting and energy operations are run. The company's largest business unit, GRP, generated 31% of its revenue in 2014, while the EPS business made up 25%. The primary metals unit, or GPP, accounted for 28% of revenue, while the production of alumina contributed the remainder.As of 2016, Alcoa will be split into two publicly traded entities, an aluminum commodity business and a higher-value manufacturing operations company. The former will keep the Alcoa name, while the latter's name is Arconic. While the aluminum company will possess five business units including bauxite and aluminum, the second entity's portfolio will comprise EPS, GRP and Transportation and Construction Solutions (TCS). The split is to be finalised by mid 2016. The "new Alcoa" consists of 64 facilities, a staff of roughly 17000 and a yearly revenue of $13.2 billion for 2014. The second company spans 157 sites and employs about 43000 workers, having a comparative revenue of $14.5 billion.At October 31st, 2016, Alcoa has changed name to Arconic and changed the trading symbol to ARNC; the change was followed by a spin-off of "The New Alcoa" which has kept the name Alcoa and started trading on November 1st, 2016 under the ticker symbol AA. Arconic has replace the "old" Alcoa in S&P 500 (and other) indices and is considered the "surviving" company.As of 2007, the company has undergone a divestment from primary aluminum, focusing on higher-profit value added metal products, such as aluminum sheets and titanium castings instead. Since that year, Alcoa has closed or sold 1.3 million tons of its smelting capacity (and will continue to do so), according to the Wall Street Journal. The change in strategy has produced a favourable turnaround, with the company seeing its best operating results since 2008, with a net profit of $368 million in 2014.Alcoa owns several businesses, such as Kawneer and Howmet Castings. Rank Group Limited, a New Zealand-based company, bought Alcoa's Packaging and Consumer businesses for $2.7 billion. The sale was announced on December 21, 2007, and closed in the first quarter of 2008. Alcoa was a member of the Dow Jones Industrial Average until 2013, when it was replaced by Nike.