Alcoa Invests $90 Million To Meet Needs of Aerospace Industry

Alcoa Inc., a manufacturer of aluminum used in a variety of industries from beverage cans to aircraft design, is investing $90 million to expand its in Lafayette, IN, aluminum lithium manufacturing plant by 115,000ft², creating up to 75 new jobs.

Expansion of the plant, at 3131 East Main Street, is needed to meet growing demand in the aerospace market for its newest alloys. When completed, the facility will produce more than 20,000 metric tons of aluminum lithium and be capable of casting round and rectangular ingot for rolled, extruded and forged aerospace applications. The alloys, introduced last year and now patented, allow air framers to build dramatically lighter and lower-cost airplanes versus composite alternatives. The alloys are used in extrusions, forgings, sheet and plate applications across aircraft structures, including airplane wings and fuselage elements.

"Alcoa's expansion strengthens Indiana's reputation of manufacturing excellence," says Governor Mitch Daniels. "We are grateful that this global manufacturing leader continues to find the Hoosier State the most advantageous state for growth."

"The demand we are seeing for aluminum lithium is an excellent example of the Alcoa technical advantage in action and is the result of our continued leadership in aerospace alloy development across our Alcoa aerospace businesses," said Eric Roegner, president of Alcoa Forged and Extruded Products. "When completed, our Lafayette aluminum lithium facility will be the premier operation in the world, capable of making the widest breadth of products in the most efficient manner."

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