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Delayed · 12:28 UK

Alcoa plant doubles capacity in La Porte

Lightweight metals leader Alcoa (NYSE: AA) said opened its state-of-the-art jet engine parts facility in La Porte, Indiana.

The facility doubles Alcoa´s capacity in La Porte and provides new capabilities that broaden its reach in engines for large commercial aircraft.

The new plant will meet increasing demand from makers of best-selling jet engines, growing Alcoa´s value-add business in aerospace.

Alcoa employs approximately 3,200 people at three locations in Indiana. The company has been growing its multi-material aerospace business to capture growth in the global aerospace market in support of its broader transformation, and has become a leader in jet engine components and aircraft structures.

Published by Financial News