Davenport not enough for auto growth: Alcoa

Apr 09, 2013 | 03:16 PM | Suzy Waite

Tags  Alcoa, Klaus Kleinfeld, quarterly earnings, Davenport plant, automotive, Suzy Waite

NEW YORK — Alcoa Inc.’s $300-million automotive expansion at its Davenport, Iowa, facility won’t be enough to meet future demand from the sector, chairman and chief executive officer Klaus Kleinfeld said in a conference call with analysts following the release of the company’s first-quarter earnings results.

"I can tell you Davenport is not enough," he said. "Davenport is basically sold out even though we haven’t even built the automotive (expansion)."....





Latest Pricing Trends

Poll

Is severe weather affecting your business?

Yes
No


View previous results