Alcoa exec bullish on auto, construction
Jan 09, 2013 | 02:34 PM
| Daniel Fitzgerald
Tags
Alcoa,
Klaus Kleinfeld,
automotive production,
building,
construction,
aluminum,
auto forecast,
Daniel Fitzgerald
NEW YORK — Alcoa Inc. has presented a bullish outlook for the North American automotive and commercial building and construction end-markets, with chairman and chief executive officer Klaus Kleinfeld forecasting production of "roughly 16 million vehicles" in 2013.
The company expects domestic automotive production to grow as much as 4 percent in 2013 compared with the previous year, he said, noting that the relatively meager growth followed a year in which auto production climbed 16 to 17 percent.....
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