Aluminum producer Alcoa announced Monday the opening of its new automotive assembly plant in Modena, Italy.
Alcoa invested one-million euros in the the 5,000-square-meter, state-of-the-art facility, which will employ 75 workers. The plant replaces Alcoa's former facility in Ferrari’s Scaglietti Works in Modena.
Alcoa is the only supplier of aluminum spaceframes for Ferrari's F430, 612 Scaglietti and 599 GTB Fiorano models.Currently, Alcoa has six facilities in Italy, including two smelters, a rolling mill and three extrusion plants. They directly employ more than 1,900 people and indirectly almost 4,000.