Alcoa, Inc. (NYSE:AA) Message Board

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Gold/Mining/Energy : Alcoa, Inc. (NYSE:AA)

AA 36.79

+0.1%

Oct 31 9:30 AM EST

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From: JakeStraw	12/16/2014 10:35:24 AM
	of 67

Alcoa buying Tital to help expand aerospace unit finance.yahoo.com The privately-held Tital is based in Germany. Its castings are used for aircraft engines and airframes. Tital's 2013 revenue totaled about $96 million, with more than half of that coming from titanium products. Alcoa said Monday that the transaction will help it deal with rising demand for advanced jet engine components made of titanium, which can withstand extreme high heat and pressure. Titanium is also a lighter weight alternative to steel, providing increased energy efficiency and improved performance. Alcoa Inc. also said that Tital's strong connections to European engine and aircraft makers like Airbus, SNECMA and Rolls-Royce will help bolster its customer relationships in the region.

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