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Arconic Inc. would be renamed Howmet Aerospace Inc. and a new company, Arconic Corporation, would be set up and spun out tax free from Arconic Inc. [30] The new Arconic Corporation would be focused on rolled aluminium products and Howmet Aerospace on engineered products. [31] The separation was completed effective April 1, 2020. [1] [32]
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]
Canton City Council has approved a five-year job creation tax incentive agreement to help Howmet Aerospace expand its 1935 Warner Road SE site.
On narrow-body airliners, Arconic (formerly Alcoa) claims up to 10% weight reduction compared to composites, leading to up to 20% better fuel efficiency, at a lower cost than titanium or composites. [8] Aluminium–lithium alloys were first used in the wings and horizontal stabilizer of the North American A-5 Vigilante military aircraft.
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Reactive Metals Inc.), founded in 1950, is a leading US producer of titanium mill products and fabricated metal components for the global market. Through its various subsidiaries, RTI manufactures and distributes titanium and specialty metal mill products, extruded shapes, formed parts and engineered systems for aerospace , industrial, defense ...
Kawneer is an American manufacturer of architectural aluminum systems and products for the commercial construction industry. Headquartered in Norcross, Georgia, Kawneer has offices in 13 countries in North America, Europe, North Africa, and Asia. Kawneer is part of Arconic's global Building and Construction Systems (BCS) business unit.
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