Arconic Inc. (Formerly Value-Add business units of Alcoa, Inc.)
-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 in a variety of applications, including aerospace, automotive, and commercial transportation.
-The Company's operations are organized into the following three business segments:
- Global Rolled Products: Produces aluminum sheet and plate products
- Engineered Products and Solutions: Develops and manufactures high performance products such as fastening systems, seamless rolled rings, investment castings, and various forged and extruded metal products
- Transportation and Construction Solutions: Manufactures products for building, construction, and commercial transportation end markets such as aluminum structural systems and forged aluminum commercial vehicle wheels
Separation of Alcoa Inc.
-The separation of Alcoa Inc. into two standalone companies, Arconic Inc. and Alcoa Corporation, took effect on November 1, 2016. Alcoa Corporation would focus on upstream operations such as mining and manufacturing of aluminum while Arconic Inc. would focus on value-added operations.
-The Company is listed on the New York Stock Exchange.
Aluminum brazing sheets
-Air conditioning condensers
-Air conditioning evaporators
-Charge air coolers
-Engine and transmission oil coolers
Extruded aluminum products
-Wire thread inserts
-Structural blind fasteners
-Forged aluminum wheels
|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||Separation of Alcoa Inc. into two standalone companies, Arconic Inc. and Alcoa Corporation.|
Supplemental Information 1
-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.
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