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Alcoa looks to sell Lingotes Castings division in England.


Alcoa Alcoa

U.S. company, the world's largest producer of aluminum. Established in Pittsburgh, Pa., in 1888, it adopted the name Aluminum Co. of America in 1907. Alcoa introduced aluminum foil in 1910 and found uses for aluminum in the emerging aviation and automobile industries.
 Inc., Pittsburgh Pittsburgh (pĭts`bərg), city (1990 pop. 369,879), seat of Allegheny co., SW Pa., at the confluence of the Allegheny and the Monongahela rivers, which there form the Ohio River; inc. 1816. , announced plans to exit a joint venture it established in 2000, Alcoa Lingotes Castings Ltd. (ALC (Assembly Language Coding) A generic term for IBM mainframe assembly languages.

1. ALC - Assembly Language Compiler.
2. ALC - Airline Line Control.
), Leyland, England.

This decision was made after an assessment of the product offerings and technology portfolio in which Alcoa concluded the ALC operations no longer fit strategic objectives of the company. As a result, Alcoa, the majority owner in the venture, plans to sell ALC.

ALC, which employs 110 people, intends to continue normal operations Generally and collectively, the broad functions that a combatant commander undertakes when assigned responsibility for a given geographic or functional area. Except as otherwise qualified in certain unified command plan paragraphs that relate to particular commands, "normal operations" of  during the sale and transition period.
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Article Details
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Title Annotation:North America
Publication:Modern Casting
Article Type:Brief Article
Date:Mar 1, 2005
Words:80
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