Alcoa’s Firth deal transformative: analyst

Jul 18, 2014 | 01:08 PM | Nathan Laliberte

Tags  Alcoa, Josh W. Sullivan, Firth Rixson, Farnborough International Airshow, aerospace, mergers and aquisitions, isothermal forging, Nathan Laliberte

NEW YORK — Alcoa Inc.’s $2.85-billion acquisition of U.K. aerospace components manufacturer Firth Rixson Ltd. will transform the company’s aerospace operations by expanding its vertically integrated model as well as opening access to the double-digit growth rates in engine markets, according to an industry analyst.

The Pittsburgh-based aluminum producer announced the acquisition last month (amm.com, June 26). ....





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