Alcoa announced it will expand its Davenport, Iowa, rolled-products plant to meet rising demand from the automotive market. The expansion will
take the aerospace materials facility, which is widely known for its 220-inch-wide
mill, and create additional production dedicated to the automotive market. The
growth project, which will entail an investment of approximately $300 million,
will create an additional 150 full-time jobs in Davenport once completed. In
addition, an incremental 150 jobs will be created during construction. The
expansion is expected to be completed by the end of 2013.
According to Alcoa, more and more automotive original
equipment manufacturers are switching from steel to aluminum products as they
seek to increase the fuel efficiency, safety, durability and performance of the
cars they produce. A study of automakers by Ducker Worldwide showed automakers
will increase their use of aluminum from 327 pounds in 2009 to 550 pounds in
2025. For 2012 model cars, the use of aluminum has reached an all-time high of
343 pounds per vehicle. Alcoa Davenport Works produces aluminum sheet and
plate.
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