US offers loan to fund Alcoa auto expansion in Tennessee

May 28, 2014 | 02:49 PM | Nathan Laliberte

Tags  Alcoa, Department of Energy, ATVM, automotive aluminum, Nathan Laliberte

NEW YORK — The U.S. Energy Department is offering to provide a loan to Alcoa Inc. for the company’s automotive sheet expansion project in Alcoa, Tenn.

The Energy Department’s Advanced Technology Vehicle Manufacturing (ATVM) program arranges funding for automotive suppliers in the United States looking to produce components for light-duty vehicles that offer "meaningful improvement in fuel....





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