NEW YORK - Alcoa announced Wednesday that it has completed expansions in its aerospace propulsion, fastening and aluminum manufacturing Facilities.
According to Alcoa, the expansions reflect the company's strong outlook for the aerospace sector in power and propulsion, fastening systems and structural metallics.
Aluminum manufacturing capacity expansions were completed at Alcoa mills in four countries, including Davenport, Iowa, Kitts Green, UK, Fusina, Italy, and Belaya Kalitva, Russia.
Expansion of Alcoa's Power and Propulsion Systems' global manufacturing capabilities includes a new airfoil post-cast operation in Szekesfehervar, Hungary, an expansion of airfoil post-cast operations in Acuna, Mexico, expansion of turbine airfoil casting capacity in Whitehall, Mich., and additional turbine airfoil core capacity in Morristown, Tenn.
Five additional single-crystal casting furnaces will also be brought on line in the next two quarters.
Alcoa Fastening Systems has expanded its global aerospace fastener manufacturing capacity and capabilities with the opening of new facilities in Suzhou, China and Acuna, Mexico; and through the addition of new manufacturing capacity and capabilities in Nemesvamos, Hungary. These investments will result in a 12 percent increase in the manufacturing capacity of specialty fasteners for both airframe and engine applications by the end of 2009.
Alcoa’s $3.1 billion aerospace portfolio includes: Alcoa Fastening Systems (about 25 percent of revenues); Alcoa Power and Propulsion (about 35 percent); and Alcoa’s sheet, plate and hard alloy extrusions serving the structures market (about 40 percent).
Alcoa, a producer of primary aluminum, fabricated aluminum and alumina facilities, has 122,000 employees in 44 countries.
