Alcoa to Invest in Iowa Plant
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.