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 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.

Competitors

-Constellium
-Novelis
-UACJ
-Aleris
-Hydro
-Nanshan
-Granges
-Kobe
-Precision Cast Parts
-Otto Fuchs
-Eramet
-VSMPO-AVISMA
-ATI
-Accuride
-Nippon Steel & Sumitomo Metal
-Zhejiang Dicastal Hongxin Technology
-Ronal

Shareholders

-The Company is listed on the New York Stock Exchange.

Products

Aluminum brazing sheets
-Air conditioning condensers
-Air conditioning evaporators
-Radiators
-Heater cores
-Charge air coolers
-Engine and transmission oil coolers

Closure sheets
-Hoods
-Liftgates
-Door panels
-Roof panels
-Floor panels

Extruded aluminum products
-Driveshafts
-Transmission valves
-Brake calipers
-Seat frames
-Pillars
-Battery cases
-ABS housings
-Transmission cases
-Engine blocks

Fasteners
-Self-locking nuts
-Bearing nuts
-Quarter-turn fasteners
-High-tensile latches
-Wire thread inserts
-Lockbolts
-Structural blind fasteners

Wheels
-Forged aluminum 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 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