Weird Paul Singer Showdown Was Just Start of Arconic’s Troubles
- Manufacturer’s product implicated in London high-rise fire
- Issue with jet-engine part plays role in delaying Boeing plane
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It’s been eight months since Arconic Inc. split from aluminum giant Alcoa Corp.
In that time, it endured a bruising (and bizarre) proxy battle that cost the CEO his job; had one of its products implicated in London’s deadly high-rise fire; and, now, in the latest blow, suffered quality problems with a jet-engine part that forced Boeing Co. to delay delivery of a highly sought-after plane, according to people familiar with the matter.