Alcoa 2015 Annual Report Download - page 15
Download and view the complete annual report
Please find page 15 of the 2015 Alcoa annual report below. You can navigate through the pages in the report by either clicking on the pages listed below, or by using the keyword search tool below to find specific information within the annual report.-
1 -
2
-
3
-
4
-
5 -
6 -
7 -
8 -
9 -
10 -
11 -
12 -
13 -
14 -
15 -
16 -
17 -
18 -
19 -
20 -
21 -
22 -
23 -
24 -
25 -
26
-
27
-
28
-
29
-
30
-
31
-
32
-
33
-
34
-
35
-
36
-
37
-
38
-
39
-
40
-
41
-
42
-
43
-
44
-
45
-
46
-
47
-
48
-
49
-
50
-
51
-
52
-
53
-
54
-
55
-
56
-
57
-
58
-
59
-
60
-
61
-
62
-
63
-
64
-
65
-
66
-
67
-
68
-
69
-
70
-
71
-
72
-
73
-
74
-
75
-
76
-
77
-
78
-
79
-
80
-
81
-
82
-
83
-
84
-
85
-
86
-
87
-
88
-
89
-
90
-
91
-
92
-
93
-
94
-
95
-
96
-
97
-
98
-
99
-
100
-
101
-
102
-
103
-
104
-
105
-
106
-
107
-
108
-
109
-
110
-
111
-
112
-
113
-
114
-
115
-
116
-
117
-
118
-
119
-
120
-
121
-
122
-
123
-
124
-
125
-
126
-
127
-
128
-
129
-
130
-
131
-
132
-
133
-
134
-
135
-
136
-
137
-
138
-
139
-
140
-
141
-
142
-
143
-
144
-
145
-
146
-
147
-
148
-
149
-
150
-
151
-
152
-
153
-
154
-
155
-
156
-
157
-
158
-
159
-
160
-
161
-
162
-
163
-
164
-
165
-
166
-
167
-
168
-
169
-
170
-
171
-
172
-
173
-
174
-
175
-
176
-
177
-
178
-
179
-
180
-
181
-
182
-
183
-
184
-
185
-
186
-
187
-
188
-
189
-
190
-
191
-
192
-
193
-
194
-
195
-
196
-
197
-
198
-
199
-
200
-
201
-
202
-
203
-
204
-
205
-
206
-
207
-
208
-
209
-
210
-
211
-
212
-
213
-
214
-
215
-
216
-
217
-
218
-
219
-
220
-
221
 |
 |
Accelerating profi tability with Automotive and
Commercial Transportation
Through investments and innovation in automotive, such
as rolling mill capacity expansions and the commercialization
of breakthrough Micromill technology, our automotive
business continued to be at the forefront of capturing demand
for aluminum-intensive vehicles. As a result, our automotive
and brazing sheet revenues are expected to increase 2.4
times from 2014 to $1.8 billion in 2018.
In 2015, we completed our automotive expansion in Alcoa,
Tennessee four months early to meet strong demand for
aluminum vehicles. The new plant is the Company’s second
major North American automotive expansion backed by
long-term customer contracts. In the fi rst half of 2016, we
will ramp up our Texarkana, Texas casthouse, idled since
2009, to meet demand for aluminum slab for the automotive
industry. The aluminum slab that will be cast at Texarkana
will be turned into aluminum sheet at our expanded
automotive facility in Davenport, Iowa and our rolling mill
in Lancaster, Pennsylvania.
In 2015, Ford Motor Company selected Micromill material
to be used for its 2016 Ford F-150 truck, making it the fi rst
automaker to use Alcoa’s advanced automotive aluminum
commercially. Micromill material is 40 percent more formable
than today’s automotive aluminum—creating more design-
friendly aluminum. Alcoa and Ford are also collaborating
to produce next-generation automotive aluminum alloys.
The joint development agreement between Alcoa and Ford
will further expand the existing suite of automotive alloys
produced by Micromill technology for use on Ford vehicles.
11
5.
5. Alcoa received Ford’s Green
Pillar World Excellence Award for
achieving excellence in key areas,
including quality, cost, performance
and delivery. Alcoa Chairman and
CEO Klaus Kleinfeld accepted the
award from Hau Thai-Tang, Ford
Motor Company group vice president,
Global Purchasing (left) and Ford
Motor Company President and
CEO Mark Fields (right) at the
automaker’s 17th annual World
Excellence Awards ceremony,
held in Dearborn, Michigan.
6. By replacing its steel body with
military-grade aluminum sheet,
Ford reduced the weight of the new
F-150 by more than 700 pounds.
It offers customers signifi cant fuel
economy, heavier payload, improved
handling and greater ruggedness.
6.