Alcoa expects construction activity to rise

Apr 09, 2014 | 05:14 PM | Michael Cowden

Tags  Alcoa, Klaus Kleinfeld, architectural billings index, can sheet, can stock, Novelis, aluminum, Michael Cowden

CHICAGO — North American construction activity should improve with better weather, but the region’s packaging market needs to innovate if it expects to see gains, Alcoa Inc.’s top executive said.

The Pittsburgh-based aluminum producer continues to expect a gradual recovery in nonresidential construction business in North America despite a slowdown in order intake from the sector in the first quarter, Alcoa chairman and chief executive officer Klaus Kleinfeld said during a conference call with analysts.....

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