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Sixteen-year company veteran Merrick Murphy has been named president of the Alcoa Wheel and Transportation Products business.
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Alcoa announced new additions to its M-Series aluminum wheel lineup for medium-duty Sprinter and Ford Transit vans and for GM 3500/4500 chassis at the NTEA Work Truck Show.
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Alcoa’s board of directors unanimously approved a plan to separate into two independent, publicly-traded companies.
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Alcoa will release the latest version of its Wheel Service Manual later this summer, the company announced.
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Alcoa is incorporating its Wheel & Transportation Products and Alcoa Building & Construction Systems units into a single new business segment called Transportation and Construction Solutions.
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The second quarter corporate earnings season kicked off Wednesday afternoon, with numbers from the truck wheel and lightweight metals producer Alcoa Inc. (AA) showing mixed results.
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Alcoa reported strong profits for the first quarter, saying its transformation "is fully on course," and is bullish about the commercial vehicle market.
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At the Mid-America Trucking Show, Alcoa showcased several vehicle components currently in development that could reduce the weight of a typical highway tractor by as much as 2,500 pounds.
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Building on the success of its predecessor, Alcoa is bringing to market the Dura-Bright EVO wheel, said to be highly resistant to corrosion caused by road salts and weather elements, and more resistant to cleaning chemicals.
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The Heavy Duty Manufacturers Association named Tim Myers, president of Alcoa Wheel and Transportation Products, as its chairman of the Board of Directors.
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