US offers loan to fund Alcoa auto expansion in Tennessee
May 28, 2014 | 02:49 PM
| Nathan Laliberte
NEW YORK The U.S. Energy Department is offering to provide a loan to Alcoa Inc. for the companys automotive sheet expansion project in Alcoa, Tenn.
The Energy Departments 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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