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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