Alcoa 2015 Annual Report Download - page 40

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On March 3, 2015, Alcoa completed its acquisition of TITAL, a privately held company based in Germany. TITAL is a
leader in titanium and aluminum structural castings for aircraft engines and airframes. In addition, TITAL is a leader in
process technology.
In June 2015, Alcoa announced that it is investing $22 million in Hot Isotopic Pressing technology at its facility in
Whitehall, Michigan. The investment will enable Alcoa to capture growing demand for advanced titanium, nickel and
additive manufactured parts for the world’s bestselling engines. Alcoa expects that the new technology will be ready
for product qualification in 2016.
On July 23, 2015, Alcoa completed the acquisition of RTI International Metals, Inc. (RTI), a global supplier of
titanium and specialty metal products and services for commercial aerospace, defense, energy and medical device
markets. Following the acquisition, RTI was renamed Alcoa Titanium & Engineered Products.
Also in October 2015, Alcoa officially opened its expanded jet engines part facility in La Porte, Indiana. The $100
million expansion of the Indiana facility enables Alcoa to manufacture single piece structural parts that are 60 percent
larger than those already produced in La Porte.
In 2014, Alcoa commenced an expansion of its Hampton, Virginia facility to create the capability to employ a new
process technology that improves jet engine blades. The expansion was completed in fourth quarter 2015. The
Hampton facility includes technology that cuts the weight of the Company’s highest-volume jet engine blades by 20
percent and significantly improves aerodynamic performance.
Alcoa and VSMPO-AVISMA Corporation signed a cooperation agreement in October 2013, which allowed the
companies to meet growing demand for high-end titanium and aluminum products for aircraft manufacturers
worldwide. The new joint venture will focus on manufacturing high-end aerospace products, such as landing gear and
forged wing components, at Alcoa’s plant in Samara, Russia. The definitive Shareholders’ Agreement was executed by
the parties on July 16, 2014, and the deal is expected to close in the second quarter of 2016. The facility is now
operational.
Engineered Products and Solutions Principal Facilities
Country Facility
Owners1
(% Of Ownership) Products
Australia Oakleigh Alcoa (100%) Fasteners
Canada Georgetown, Ontario2Alcoa (100%) Aerospace Castings
Laval, Québec Alcoa (100%) Aerospace Casting and Machining
China Nantong Alcoa (100%) Aerospace Castings
Suzhou2Alcoa (100%) Fasteners and Rings
France Dives-sur-Mer Alcoa (100%) Aerospace and Industrial Gas Turbine Castings
Evron Alcoa (100%) Aerospace and Specialty Castings
Gennevilliers Alcoa (100%) Aerospace and Industrial Gas Turbine Castings
Montbrison Alcoa (100%) Fasteners
St. Cosme-en-Vairais2Alcoa (100%) Fasteners
Toulouse Alcoa (100%) Fasteners
Us-par-Vigny Alcoa (100%) Fasteners
Germany Bestwig Alcoa (100%) Aerospace Castings
Erwitte Alcoa (100%) Aerospace Castings
Hannover2Alcoa (100%) Extrusions
Hildesheim-Bavenstedt2Alcoa (100%) Fasteners
Kelkheim2Alcoa (100%) Fasteners
16