CHICAGO Alcoa Inc. plans to officially break ground Aug. 29 on a project to expand its operations in Alcoa, Tenn., a company spokesman said.
The groundbreaking ceremony comes as early workengineering and site preparationcontinues on the project, the spokesman said Aug. 26.
The Pittsburgh-based aluminum producer plans to invest $275 million over the next three years to expand and convert capacity at the rolling mill. The project will add automotive aluminum capacity to the plant and convert some of its can sheet capacity to high-strength automotive aluminum production (amm.com, May 2).
Attending the groundbreaking will be Tenn. Gov. Bill Haslam, according to his website. Other officials have also been invited, the Alcoa spokesman said.
Alcoa plans to ramp up its automotive sheet capacity ahead of expected increases in aluminum demand from car and truck manufacturers looking to lightweight vehicles in order to meet more stringent government fuel economy rules.