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Alcoa (AA) Number of jobs cut since recession began: 17,655 Lower aluminum prices hit the world's third-largest aluminum company hard in early 2009, leading it to shed 13,500 people. "These are ...
Alcoa Corporation (an acronym for "Aluminum Company of America") is an American industrial corporation. It is the world's eighth-largest producer of aluminum. [2] [3] Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation ...
The company was acquired by Alcoa on May 3, 2000, to become the largest aluminum company in the United States. [1] [2] On January 21, 2008, Alcoa sold its consumer unit to Rank Group Ltd. Rank's owner, New Zealand billionaire Graeme Hart, renamed Alcoa's former unit the Reynolds Packaging Group. Hart merged his other packaging companies into ...
The union's origins lay in Local 18356, established on August 1, 1933, by Alcoa workers in the Allegheny Valley. The local argued that the American Federation of Labor (AFL) should charter it as an industrial union for workers in the industry. The AFL was unwilling to do so, but compromised in May 1934 by founding the Aluminum Workers' Council.
Alcoa is a city in Blount County, Tennessee, United States.Its population was 10,978 at the 2020 census. [5] It is part of the Knoxville, TN Metropolitan Statistical Area.. As its name suggests, Alcoa was the site of a large aluminum smelting plant owned and operated by the Alcoa corporation (Aluminum Company of America).
Primary aluminum is preferred for high-quality uses such as aircraft. The leader in US production was Alcoa. Also operating multiple primary plants was Century Aluminum. [citation needed] Primary production volume in 1999 was 3.8 million metric ton and by 2023, it has dropped to an annual volume of 785,000 metric ton. [3]
Howmet's roots go back to 1926, when Austenal, a company that manufactured materials for dental appliances, was founded. Its founders, Reiner Erdle and Charles Prange, worked to improve investment chrome base castings using two separate investments: The first coating, named "protective coat", gives a smooth finish.
"US growth is likely to take a hit as countries move away from US exports, investment falls, and employment declines. Federal receipts should increase, all else equal; some research estimates $1 ...