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Alcoa Inc News

14 Apr 2016

US Says China to Scrap Some Export Subsidies

China has agreed to scrap export subsidies on a range of products from metals to agriculture and textiles, the United States said on Thursday, in a step by Beijing to reduce trade frictions with Washington. China is to end a program known as its "demonstration bases-common service platform," which provides export subsidies to Chinese companies in seven economic sectors, the U.S. trade representative's office said. Some industry figures were skeptical about the deal's impact, especially regarding steel, which has been a flashpoint with Chinese overcapacity pressuring U.S. suppliers. One source knowledgeable about the agreement said it was not comprehensive enough to do much to help the U.S. steel industry, given its focus was only on specialty products.

19 May 2014

Five Chinese Indicted in U.S. for Cyber Spying

A U.S. grand jury has indicted five members of the Chinese military for allegedly cyber spying on American companies in the nuclear power, metals and solar products industries, the Department of Justice said on Monday. The military hackers conspired to steal information that would be useful to competitors of those companies in China, including state-owned companies there, the agency said. Six American companies, including United States Steel Corp , Alcoa Inc and Allegheny Technologies Inc, and one labor union were victims of Chinese hacking attacks, U.S. officials said.

08 Mar 2012

Alcoa’s Shipbuilding Techniques Expected to Save Costs

NEW YORK -- Aluminum producer Alcoa Inc. will see its advanced shipbuilding techniques paying off in an initial $2.1 million U.S. Navy contract. Alcoa said the processes give the company an edge over competitors and saves procurement costs. The company also said the contract will enable it to develop advanced welding techniques, which are seen likely to reduce costs of aluminum-intensive shipbuilding. Alcoa will adapt high-deposition gas metal arc welding technology to marine structures, enabling the Navy to reduce the cost of shipbuilding. Total projected savings for the Navy could be as much as $200 million under current shipbuilding plans, the company said.

10 Feb 2004

Feature: Aluminum Boats Prove Their Mettle

Technology, The Aluminum Association, Inc. Aluminum has been used in the marine industry for more than 100 years because of its light weight and ease of fabrication combined with good corrosion and fatigue resistance. However, for much of the past 30 years, fiberglass has been the material of choice of North American boatbuilders, particularly for higher-volume production lines. Competitively priced compared with boats made from most other materials, fiberglass boats can also be made from standardized molds that reduce their construction time and labor. Aluminum alloys, which are specified for marine use, offer many benefits, though, too.

07 Jun 2002

Alcoa Acquires Marina Accessibility Products

Alcoa Inc. has acquired the assets of Marina Accessibility Products, Inc., a manufacturer of marine access systems based in Surrey, BC, Canada. Terms of the deal were not disclosed. Marina Accessibility Products is known as the developer of the Ramp Rider, a gangway inclined lift system that enables people to move safely between unstable elevations in marine environments. The product consists of a self-leveling all-wheel-drive car that travels on a specialized gangway to provide access to floating docks. The Ramp Rider will be manufactured at REDD Team Mfg, a maker of extruded aluminum products that is part of Alcoa Engineered Products business located in Keystone Heights, Fla.

28 Sep 2007

Alcoa to Help Redesign LCS

ALCOA Inc.*, Alcoa Center, Pa., is being awarded an $8,272,113 indefinite-delivery/indefinite-quantity, cost-plus-fixed-fee completion contract to provide engineering services in support of the re-design of existing aluminum structures to improve performance and survivability of the Littoral Combat Ship (LCS) via weight reduction of selected assemblies or components. This contract will fund the Alcoa Collaborative Design Approach (ACDA). The ACDA is a phased program approach in which the following tasks will be applied to the LCS: selection of candidate assemblies and components; development of conceptual designs and down selection of design concepts; evaluation of design concepts and final selection; development and evaluation of prototypes; and ship integration.