Arconic Inc. (Formerly Value-Add business units of Alcoa, Inc.)

Company Profile

■URL

http://www.arconic.com

■Address

390 Park Avenue New York, NY 10022-4608 USA

Business Overview

-The Company is a global leader in lightweight metals engineering and manufacturing. The Company's multi-material products, which include aluminum, titanium, and nickel, are used worldwide in aerospace, automotive, commercial transportation, packaging, building and construction, oil and gas, defense, consumer electronics, and industrial applications.

-The Company's operations consist of five worldwide segments: Alumina, Primary Metals, Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions.

Restructuring

-The separation of Alcoa Inc. into two standalone companies – Arconic Inc. and Alcoa Corporation – took effect on November 1, 2016.

  • Alcoa Corporation: The future Upstream company will operate under the Alcoa name. The Upstream company will comprise the five business units that today make up Global Primary Products: Bauxite, Alumina, Aluminum, Cast Products and Energy.
  • Arconic Inc.: The new company will include the three business segments that today comprise Alcoa’s Value-Add portfolio: Global Rolled Products, Engineered Products and Solutions, and Transportation and Construction Solutions. Arconic will be a leading global provider of high-performance materials and engineered products to the aerospace, automotive and other growth industries.

 

Automotive application

-The Company projects the value-added sheet products it provides to car makers will grow four times by the end of 2015, and ten times by 2025 comparing the use in 2014.

-Application of the Company's aluminum to cars increases from today to tomorrow.

 Today (2015)

  • Hood (sheet)
  • Side panel outer
  • Decklid (sheet)
  • Body inner structure
  • Radiator (brazing sheet)
  • Engine block
  • Transmission case (castings)
  • Drive shaft (Drawn tube)
  • Wheels (Forged)
  • Fastener

 Future

  • Door inner
  • Side sill
  • Rear side member
  • Center pillar
  • Front roof rail
  • Hood ledge
  • Front side member
  • Front outrigger
  • Seat crossmember
  • Front floor center reinforcement

-Advantages of aluminium and bonding technology

  • Lighter weight: up to 28% lighter than steel
  • Lower life-cycle CO2: 17% lower
  • 20 to 25% fewer joining points
  • More than 30% reduction in Body-in-White assembly time.

(From a presentation material in January 2014)

Shareholders

-Listed on NY Stock Exchange.

Products

Design, engineering and fabrication
Engineering services
Extrusions
Brazing sheet
Foil sheets/Fin stocks
Forgings
Primary aluminum
Fasteners
Sheets and plates
Wheel accessories
Wheels stock sheet
Wheels

History

1907 Adopted the company name, Alcoa Inc.
1984 Jointly with Fujikura Ltd. of Japan, established a joint venture, Alcoa Fujikura Ltd., to produce fiber optics.
1986 Alcoa Fujikura purchased Pep Industries, a subsidiary of the Company, which makes automotive wire harnesses.
1991 Alcoa Fujikura Ltd. acquired a majority interest in Stribel GmbH, a German producer of original equipment electrical, electromechanical and electronic components for automobiles.
Oct. 1991 Established a wholly owned subsidiary, Alcoa Automotive Structures & Technology GmbH.
1992 Jointly with Kobe Steel Ltd. of Japan, established two joint venture companies in USA and Japan.
1993 The Company's Extrusion/Tube System business unit and VAW Aluminium AG, Germany, established a joint venture, Alcoa VAW Hanover Presswork Gmbh & Co. KG in Germany.
1994 Alcoa Fujikura Ltd. acquired 90% share of Michels GmbH & Co KG in Germany.
Jul. 1998 Acquired all of the outstanding shares of Alumax Inc. for approximately 3.8 billion dollars.
Aug. 1999 Acquired the remaining 50% interest in A-CMI, a joint venture formed in 1995 between the Company and CMI International, from Hayes Lemmerz International Inc. (In February 1999, Hayes Lemmerz International acquired CMI International.)
May 2000 Acquired Reynolds Metals Co. Each share of Reynolds common stock was converted into 1.06 shares of the Company's common stock.
Mar. 2002 Alcoa Fujikura Ltd. acquired 100% ownership of EPC.
2006 Established a new entity in Johannesburg, South Africa, called Alcoa South Africa (Pty) Ltd.
Nov. 2016 The separation of Alcoa Inc. into two standalone companies, Arconic Inc. and Alcoa Corporation.

Supplemental Information 1

>>>Business Report up until FY ended Dec. 31, 2012
>>>Business Report up until FY ended Dec. 31, 2014

Note:
-A figure in brackets ( ) indicates a loss
-This report includes information of Alcoa, Inc. through the fiscal year ended December 31, 2015, prior to its restructuring.
>>>Alcoa official site