- AustraliaNorth AmericaWorld
Investing News NetworkYour trusted source for investing success
Silver47 Exploration
Purpose Bitcoin ETF
Jindalee Lithium
Black Swan Graphene
- Lithium Outlook
- Oil and Gas Outlook
- Gold Outlook Report
- Uranium Outlook
- Rare Earths Outlook
- All Outlook Reports
- Top Generative AI Stocks
- Top EV Stocks
- Biggest AI Companies
- Biggest Blockchain Stocks
- Biggest Cryptocurrency-mining Stocks
- Biggest Cybersecurity Companies
- Biggest Robotics Companies
- Biggest Social Media Companies
- Biggest Technology ETFs
- Artificial Intellgience ETFs
- Robotics ETFs
- Canadian Cryptocurrency ETFs
- Artificial Intelligence Outlook
- EV Outlook
- Cleantech Outlook
- Crypto Outlook
- Tech Outlook
- All Market Outlook Reports
- Cannabis Weekly Round-Up
- Top Alzheimer's Treatment Stocks
- Top Biotech Stocks
- Top Plant-based Food Stocks
- Biggest Cannabis Stocks
- Biggest Pharma Stocks
- Longevity Stocks to Watch
- Psychedelics Stocks to Watch
- Top Cobalt Stocks
- Small Biotech ETFs to Watch
- Top Life Science ETFs
- Biggest Pharmaceutical ETFs
- Life Science Outlook
- Biotech Outlook
- Cannabis Outlook
- Pharma Outlook
- Psychedelics Outlook
- All Market Outlook Reports
Alcoa Reveals Plan to Expand Research and Development Center in Pennsylvania
Alcoa (NYSE:AA) announced that it is investing $60 million to expand its research and development center in Pennsylvania to accelerate the development of 3D printing materials and processes.
Alcoa (NYSE:AA) announced that it is investing $60 million to expand its research and development center in Pennsylvania to accelerate the development of 3D printing materials and processes.
As quoted in the press release:
Alcoa will produce materials designed specifically for a range of additive technologies to meet increasing demand for complex, high-performance 3D-printed parts for aerospace and other high-growth markets such as automotive, medical and building and construction. The $60 million expansion is under construction at the Alcoa Technical Center, the world’s largest light metals research center near Pittsburgh, Pennsylvania.
Highlights:
- $60 million expansion to include state-of-the-art additive manufacturing center focused on feedstock materials, processes, product design and qualification
- Investment advances development of proprietary metal powders engineered specifically for 3D printing
- Company unveils Ampliforgeâ„¢ process, an Alcoa-invented technique combining additive and traditional manufacturing for enhanced properties
- Builds on over 100 years of metal powder production history and 20 years of additive manufacturing expertise with capabilities in California, Georgia, Michigan, Pennsylvania and Texas
Klaus Kleinfeld, chairman and CEO of Alcoa, commented:
Alcoa is investing in the next generation of 3D printing for aerospace and beyond. Combining our expertise in metal alloys, manufacturing, design and product qualification, we will push beyond the limits of today’s additive manufacturing. This investment strengthens our leadership position in meeting fast-growing demand for aerospace components made using additive technologies.
Latest News
Investing News Network websites or approved third-party tools use cookies. Please refer to the cookie policy for collected data, privacy and GDPR compliance. By continuing to browse the site, you agree to our use of cookies.Â