Released on Tuesday, May 01, 2007

Alcoa, Pittsburgh, announced the completion of multiple global manufacturing expansions, including expansion of turbine airfoil casting capacity in Whitehall, Mich., and additional turbine airfoil core capacity in Morristown, Tenn.

The aerospace expansion, announced during an Alcoa Aerospace industry briefing where company executives outlined aerospace growth prospects, market dynamics and technological breakthroughs, also includes Alcoa’s aluminum manufacturing and heat-treated sheet and plate capacity.

These additions represent a 50% expansion in these product forms. Expansions in aluminum manufacturing capacity were completed at Alcoa mills in four countries. The new capabilities in the heat-treated sheet and plate capacity were announced in Davenport, Iowa, Kitts Green, U.K., Fusina, Italy, and Belaya Kalitva, Russia.

In addition to the metalcasting expansions, Alcoa's Power and Propulsion Systems' global manufacturing capabilities now include a new airfoil post-cast operation in Szekesfehervar, Hungary, and an expansion of airfoil post-cast operations in Acuna, Mexico. The company also told aerospace analysts and journalists that it plans to bring online five additional single-crystal casting furnaces in the next two quarters.

Alcoa's $3.1 billion aerospace portfolio now includes: Alcoa Fastening Systems (approximately 25% of revenues), Alcoa Power and Propulsion (approximately 35%) and Alcoa's sheet, plate and hard alloy extrusions serving the structures market (approximately 40%).