Alcoa invests $22m in Michigan to strengthen specialty aerospace metals
TORONTO (miningweekly.com) – US aluminium and specialty metals producer Alcoa this week announced a $22-million investment in Michigan in the latest hot isostatic pressing (HIP) technology, which strengthened the metallic structure of titanium, nickel and three-dimensional- (3D-) printed jet engine parts.
The company had in recent years embraced the high-tech aerospace parts industry, investing in new plants and expanded capabilities as it sought to move away from primary metals production, which was suffering under drawn-out price slumps, and to capture demand for best-selling jet engine parts.
Alcoa’s newest and largest HIP production system in Whitehall, would give it in-house capabilities to treat larger parts for the world’s top-selling jet engines.
Growing aerospace demand, combined with increased output from Alcoa’s expansions in LaPorte, Indiana, and Hampton, Virginia, and advanced 3D printing capabilities were driving the need for more HIP capacity, the company pointed out.
Alcoa owned and operated one of world’s largest HIP technology complexes in aerospace, having pioneered its use for aerospace in 1973.
The company expected robust global aerospace sales growth of between 9% to 10% this year, driven by strong deliveries across the large commercial aircraft, regional jet and business jet segments, and saw a current nine-year production order book at 2014 delivery rates.
Alcoa’s power and propulsion segment was expected to generate $2.2-billion in revenues by 2016, as a result of its organic growth expansions.
Article Enquiry
Email Article
Save Article
Feedback
To advertise email advertising@creamermedia.co.za or click here
Research Reports
Projects
Latest Multimedia
Latest News
Showroom
Complete range of security sealing solutions including security seals bags and labels.
VISIT SHOWROOM
Sulzer South Africa, established in 1922, partners with critical industries like power, oil & gas, water, mining, and chemicals to boost...
VISIT SHOWROOM
Announcements
What's On
Subscribe to improve your user experience...
Option 1 (equivalent of R125 a month):
Receive a weekly copy of Creamer Media's Engineering News & Mining Weekly magazine
(print copy for those in South Africa and e-magazine for those outside of South Africa)
Receive daily email newsletters
Access to full search results
Access archive of magazine back copies
Access to Projects in Progress
Access to ONE Research Report of your choice in PDF format
Option 2 (equivalent of R375 a month):
All benefits from Option 1
PLUS
Access to Creamer Media's Research Channel Africa for ALL Research Reports, in PDF format, on various industrial and mining sectors
including Electricity; Water; Energy Transition; Hydrogen; Roads, Rail and Ports; Coal; Gold; Platinum; Battery Metals; etc.
Already a subscriber?
Forgotten your password?
Receive weekly copy of Creamer Media's Engineering News & Mining Weekly magazine (print copy for those in South Africa and e-magazine for those outside of South Africa)
➕
Recieve daily email newsletters
➕
Access to full search results
➕
Access archive of magazine back copies
➕
Access to Projects in Progress
➕
Access to ONE Research Report of your choice in PDF format
RESEARCH CHANNEL AFRICA
R4500 (equivalent of R375 a month)
SUBSCRIBEAll benefits from Option 1
➕
Access to Creamer Media's Research Channel Africa for ALL Research Reports on various industrial and mining sectors, in PDF format, including on:
Electricity
➕
Water
➕
Energy Transition
➕
Hydrogen
➕
Roads, Rail and Ports
➕
Coal
➕
Gold
➕
Platinum
➕
Battery Metals
➕
etc.
Receive all benefits from Option 1 or Option 2 delivered to numerous people at your company
➕
Multiple User names and Passwords for simultaneous log-ins
➕
Intranet integration access to all in your organisation
