Alcoa splitting into two companies; expecting 2.4x increase in automotive revenues to $1.8B in 2018

By mmillikin

The Board of Directors of Alcoa has unanimously approved a plan to split the lightweight metals leader into two independent, publicly-traded companies. The globally competitive Upstream Company will comprise five business units that today make up Global Primary Products: Bauxite, Alumina, Aluminum, Casting and Energy.

The Value-Add Company will

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