Davenport not enough for auto growth: Alcoa
Apr 09, 2013 | 03:16 PM
| Suzy Waite
NEW YORK Alcoa Inc.s $300-million automotive expansion at its Davenport, Iowa, facility wont 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 companys first-quarter earnings results.
"I can tell you Davenport is not enough," he said. "Davenport is basically sold out even though we havent even built the automotive (expansion)."....
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