The separation of Alcoa Inc. into two distinct standalone companies– Alcoa Corp. and Arconic Inc.—took effect on Nov.1.
Sixteen-year company veteran Merrick Murphy has been named president of the Alcoa Wheel and Transportation Products business.
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.
Alcoa’s board of directors unanimously approved a plan to separate into two independent, publicly-traded companies.
Alcoa will release the latest version of its Wheel Service Manual later this summer, the company announced.
Alcoa is incorporating its Wheel & Transportation Products and Alcoa Building & Construction Systems units into a single new business segment called Transportation and Construction Solutions.
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.
Alcoa reported strong profits for the first quarter, saying its transformation "is fully on course," and is bullish about the commercial vehicle market.
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.
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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