Alcoa intends to expand its Davenport, Iowa rolled products plant to meet rising demand from the automotive market.
Automotive original equipment manufacturers (OEMs) are switching from steel to aluminum in their drive to increase the fuel efficiency, safety, durability and performance of their vehicles.
The expansion, entailing an investment of approximately $300 million, will add facilities dedicated to the automotive market to what is already the world’s foremost aerospace materials facility, containing a 220-inch wide mill, the largest in the world.