Alcoa to Split Into Two Publicly Traded Companies

Updated on
  • Move follows CEO Kleinfeld's focus on valued-added operations
  • Kleinfeld to lead new, as-yet-unnamed downstream company

Alcoa Announces Split Into Two Public Companies

Alcoa Inc., the top U.S. aluminum maker, will break itself up by separating manufacturing operations from a legacy smelting and refining business that’s struggling to overcome booming production from China.

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