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Aluminum supplier Alcoa to split into two companies
2015-09-28 16:12:56| Industrial Machines - Topix.net
Alcoa Inc. said today it will split into two companies to separate its struggling aluminum smelting operations from production of lightweight metals for its faster-growing aerospace and automotive business. Falling commodity prices and a glut of aluminum have battered Alcoa stock, which before the news, had fallen more than 42 percent this year.
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Category:Industrial Goods and Services
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