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Arconic Corporation is an American industrial company specializing in lightweight metals engineering and manufacturing. Its products are used worldwide in aerospace, automotive, packaging, oil and gas, building and construction, [4] defense, commercial transportation, consumer electronics, and industrial applications.
On February 8, 2019, Arconic announced that it would split into two separate businesses. [19] Arconic Inc. would be renamed Howmet Aerospace Inc. and a new company, Arconic Corporation, would be set up and spun out. Arconic Corporation will be focused on rolled aluminum products, and Howmet Aerospace will focus on engineered products. [20]
Kawneer is part of Arconic's global Building and Construction Systems (BCS) business unit. Kawneer's architectural aluminum product range includes windows and doors, framing systems, curtain wall systems, railings, shutters and conservatories. Kawneer products are used on high- mid- and low-rise non-residential buildings such as stadiums and ...
The financial details of Apollo Global's (APO) intended deal to acquire Arconic are yet to be finalized. Skip to main content. 24/7 Help. For premium support please call: 800-290-4726 ...
Aluminum sheet, plate, and extrusions provider Arconic Corp. (ARNC) has reduced its US pension plan obligation by about $1 billion by purchasing a group annuity contract from Massachusetts Mutual ...
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He later also served as chairman and CEO of the Alcoa spin-off Arconic. After unauthorised communications with an Arconic investor, he stepped down as chairman and CEO of Arconic in April 2017. [11] In October 2017, he was named director of Saudi Arabia's Neom initiative, later becoming an advisor of Crown Prince Muhammad bin Salman.
Bruised and battered shareholders have every reason to want to hit the exits. But if they do, they might be transferring significant upside to a private equity buyer.