Alcoa Acquires German Aerospace Company
Alcoa will further expand its global aerospace business through a definitive agreement to acquire privately held Germany-based TITAL, a leader in titanium and aluminum structural castings for aircraft engines and airframes. These engines are used on large commercial aircraft, including wide- and narrow-body airplanes. TITAL employs advanced techniques needed to manage titanium’s reactive properties, including cold-hearth melting and centrifugal and gravity casting. Its teams also use 3D-printed prototypes.
In other news, Alcoa Power and Propulsion will invest $16.7 million and create 25 new full-time jobs to double high-technology coating capacity at its Whitehall, Mich., facility. The 7,700-square-foot building expansion will be located at the company’s Thermatech plant in Whitehall, where it produces thermal-coated parts that enable engines to run at higher temperatures, boosting engine efficiencies. The coating also extends the operating life of jet engine parts by protecting against oxidation and corrosion. Alcoa will install a new electron-beam physical vapor deposition (PVD) machine to boost capacity. Construction will begin this month, with first production expected to begin in 2016.