Alcoa's Split Comes Amid Weak Aerospace Market

SUGAR LAND--October 12, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--A slowdown in the U.S. aerospace industry threatens to hinder the pending split of aluminum producer Alcoa Incorporated (NYSE:AA) (New York, New York), which was already facing a tough environment amid weak commodity prices and a cascade of imports. Still, the company enjoyed strong profit results in third-quarter 2016, due in part to large asset sales and heavy cost-cutting. Industrial Info is tracking $5.83 billion in projects involving Alcoa and its subsidiaries, including about $1.06 billion in the U.S. Within this article: Details on some of the highest-valued projects involving Alcoa, including one of the largest under construction in the U.S., which is expected to become part of the newly formed Acronic Incorporated.