Alcoa Corporation

Alcoa Revamps Operating Model

Alcoa Revamps Operating Model

Pittsburgh aluminium pioneer Alcoa Corporation announced the implementation of a radical new operating model on Monday that the firm believes will make it more agile and responsive to customers’ needs. Beginning November 1, Alcoa will do away with its business unit structure...

Events

Workers Trickle Back To Aluminerie de Bécancour As 17-Month Lockout Ends

Aluminerie de Bécancour’s (ABI) unionized workforce began making its way back into the plant on Friday, marking the end of one of Quebec’s longest lockouts. United Steelworkers members are returning to the plant thanks to a vote earlier this month to accept what Alcoa characterized as a final offer. The plant’s 900-strong union workers voted […]

Weak Alumina And Aluminium Prices Hinder Alcoa’s Profitability In Q2

Pittsburgh aluminium pioneer Alcoa Corporation reported results for the second quarter of 2019 yesterday. Weaker alumina and aluminium prices teamed up with the sale of the firm’s interest in a Saudi Arabian joint venture to scare off profits. In the second quarter, Alcoa reported revenue of US$2,711 million, essentially level quarter-on-quarter from last quarter’s revenue […]

Alcoa Reaches Deal For Purchase Of Avilés And La Coruña Aluminium Plants In Spain

Yesterday Pittsburgh aluminium pioneer Alcoa Corporation announced that it has come to an agreement with Swiss private equity firm PARTER Capital Group AG to purchase Spain’s Alcoa Avilés and La Coruña aluminium smelters. The two Spanish plants, which include casthouses and a paste plant at La Coruña as well as two curtailed smelters, have been […]

ABI’s Labor Force To Vote On Alcoa’s Final Offer Next Week

Last week’s “final offer” from Alcoa Corporation to the striking workers at Aluminerie de Bécancour Inc. will be put to a vote on Tuesday when the labor union meets to consider the offer that morning. Officials from United Steelworkers Local 9700 made the announcement on Thursday, the day after Alcoa delivered the offer to the […]