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Alcoa to buy RTI Intl in $1.5B deal, expand aerospace push
2015-03-09 13:53:06| Industrial Machines - Topix.net
Alcoa is buying titanium supplier RTI International Metals in a deal valued at $1.5 billion, as it continues to build its stake in products for the aerospace industry. Pittsburgh-based RTI International Metals Inc. supplies the commercial aerospace market.
Alcoa to buy RTI for $1.26 billion to expand aerospace unit
2015-03-09 13:53:05| Industrial Machines - Topix.net
Alcoa Inc. agreed to acquire RTI International Metals Inc. for about $1.26 billion to expand its business making titanium and specialty-metals products for the aerospace industry. Investors will receive 2.8315 Alcoa shares for each RTI share, representing a value of $41 per RTI share based on Alcoa's March 6 closing price, the companies said Monday in a statement.
Alcoa hires former Whirlpool exec to lead Latin America
2015-03-04 18:53:41| Appliances - Topix.net
Jose Aurelio Drummond will join Alcoa Inc. as president of Latin America, the company announced Wednesday.
Alcoa Opens Expanded Wheels Manufacturing Plant In Hungary
2015-02-06 06:17:04| plantautomation News Articles
Lightweight, high-performance metals leader Alcoa recently officially opened its expanded wheels manufacturing plant in Hungary
Tags: expanded
manufacturing
plant
hungary
Heinz wins Cedar Point contract; Uber CEO will not face subpoena; Judge OKs Alcoa settlement
2015-01-29 08:34:48| Food - Topix.net
Pittsburgh food company H.J. Heinz has a five-year deal to be the exclusive supplier of ketchup, mustard, relish and mayonnaise for Sandusky, Ohio-based Cedar Fair Entertainment Co., which operates 11 amusement parks including Cedar Point in Sandusky. A request by the Pennsylvania Public Utility Commission's bureau of investigation and enforcement to subpoena Uber CEO Travis Kalanick and compel him to testify about aspects of the company's activity in Pennsylvania has been denied by two administrative law judges.
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