Rising demand for aluminum leads to Alcoa expansion

  • 22-Sep-2011 09:23 EDT

Alcoa plans a $300 million expansion of its rolled products plant in Davenport, IA, to meet rising demand for automotive aluminum sheet and plate. The project is expected to be completed by the end of 2013. Although much of the expansion is for business already secured, "we see huge opportunity beyond this for our leading technology solutions in this market, including our patented Alcoa 951 technology, which we expect to license throughout the industry,” said Helmut Wieser, Alcoa Executive Vice President and Group President of Alcoa Global Rolled Products.

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