Arconic
| Arconic Inc.
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|---|---|
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| legal form | Corporation |
| ISIN | US03965L1008 |
| founding | November 1, 2016 |
| Seat | New York , United States |
| management | John Plant (Chairman) Charles Blankenship (CEO) |
| Number of employees | 41,500 (2017) |
| sales | 12.96 billion US dollars (2017) |
| Branch | Aluminum processing |
| Website | www.arconic.com |
Arconic is a metal processing group . It was created in 2016 by the splitting of the aluminum group's Alcoa into two companies. The bauxite - alumina - aluminum and production was in the cleavage under Alcoa continued. The parts of the manufacturing industry were transferred to the new company. Arconics shares are traded on the NYSE .
Alcoa's manufacturing industry was transferred to the new company, including the following product areas called Alcoa:
- Engineered Products and Solutions (technical products and solutions)
- Global Rolled Products ; this does not include the rolling mills in Warrick County , Indiana, and Saudi Arabia , which remained with Alcoa) and
- Transportation and Construction Solutions . This area deals with the production of technical products such as turbine blades made of aluminum and other light metals for the aerospace and automotive industries.
In January 2019, a takeover offer from private equity company Apollo Global Management valued at around $ 10.7 billion was rejected.
Grenfell Tower fire
When the Grenfell Tower fire in London, the facade cladding supplied by Arconic made of the three-layer material Reynobond PE (aluminum / polyethylene / aluminum) contributed to the rapid spread of the fire. On June 26, 2017, an Arconic spokesman stated that Reynobond PE "is no longer sold worldwide for use in high-rise buildings," but continues to be sold in lower buildings. You are working with the investigative authorities on this fire.
Trivia
The company logo stylizes the letter "A" as an impossible figure .
See also
Individual evidence
- ↑ a b Arconic Inc .: Annual Report 2017. (PDF) Retrieved on August 25, 2018 (English).
- ^ Alcoa Inc Takes Steps Forward in Plans to Split. The Motley Fool, accessed November 21, 2016 .
- ^ Alcoa spin-off Arconic to Focus on Aerospace, Auto. The Wall Street Journal, accessed November 21, 2016 .
- ^ Alcoa Results Forecast to Drop Ahead of Company Split. Forbes, accessed November 21, 2016 .
- ^ Newspaper - financial investor Apollo before buying aluminum group Arconic. Reuters, January 15, 2019, accessed August 26, 2019 .
- ↑ Arconic rejects purchase offers - and thus shocks investors. Handelsblatt, January 23, 2019, accessed on August 26, 2019 .
- ↑ Manufacturer stops selling flammable facade parts. SpiegelOnline, June 26, 2017, accessed June 26, 2017 .
- ↑ Grenfell Tower: Material manufacturer draws consequences orf.at, June 27, 2017, accessed June 27, 2017.