SOURCE: Industrial Info Resources

Industrial Info Resources

July 10, 2015 06:10 ET

Alcoa Stays Strong as Aluminum Prices Tumble in Second-Quarter 2015, Plans Bigger Role in Auto, Aerospace Markets, an Industrial Info News Alert

SUGAR LAND, TX--(Marketwired - Jul 10, 2015) - Researched by Industrial Info Resources (Sugar Land, Texas) -- Aluminum producer Alcoa Incorporated (NYSE: AA) (Pittsburgh, Pennsylvania) weathered weak aluminum prices in second-quarter 2015 to post record profits in its downstream businesses amid continued growth in its aerospace and automotive segments, while the alumina business posted its strongest first-half in eight years. The company is directing its investments toward a leading status in the aerospace and automotive markets. Industrial Info is tracking $5.8 billion in projects involving Alcoa.

Within this article: Details on Alcoa's quarter and projects, including proposed $750 million expansion of an aluminum plant in Texas.

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Industrial Info Resources (IIR), with global headquarters in Sugar Land, Texas, five offices in North America and 10 international offices, is the leading provider of global market intelligence specializing in the industrial process, heavy manufacturing and energy markets. Industrial Info's quality-assurance philosophy, the Living Forward Reporting Principle™, provides up-to-the-minute intelligence on what's happening now, while constantly keeping track of future opportunities. To contact an office in your area, visit the www.industrialinfo.com "Contact Us" page.

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