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To clear anti-competition regulatory hurdles, Alcoa was required to sell Reynolds's 25% interest in a Washington smelter and all of Reynolds's alumina refineries. Reynolds owned a 56% interest in the Worsley alumina refinery in Australia, a 50% interest in a refinery in Germany, and a 100% interest in a Texas refinery.
High Rock Lake, at 15,180 acres (6,140 ha), was the largest lake on the Yadkin at that time. In 1929, the company's name was changed to Alcoa. In 1962, Alcoa built the Tuckertown Dam between High Rock and Narrows Reservoirs. [4] In August 2002, Alcoa temporarily suspended aluminum production at the Badin Works, laying off 377 workers. [6]
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 ...
Alcoa , the largest producer of aluminum in the U.S., was once a bellwether with a $40 billion market capitalization whose quarterly performance gave us a real sense of economic conditions at home ...
The price of aluminum is losing its luster after the U.S. government walked back its sanction threat against a key Russian producer.
Alcoa (AA) has received quite a bit of attention from Zacks.com users lately. Therefore, it is wise to be aware of the facts that can impact the stock's prospects.
Alcoa - Intalco Aluminum Corp. Curtailed 8/26/2020. March 15, 2023 Alcoa Announces Closure of Intalco Smelter and Prepares Site for Redevelopment USA: Wenatchee: 184,000: Alcoa - Wenatchee Works: Curtailed 2016, Closed 2018 USA: Columbia Falls: 180,000: Glencore AG (Switzerland) Closed 2009 USA: Ravenswood: 180,000: Century Aluminum of West ...
Smart companies use tough times to position themselves for the eventual recovery. During the recession industrial parts supplier MSC Industrial Direct (NYS: MSM) viewed the landscape as a land ...