Arconic Corporation
47I.DE
Deutsche Börse26.96
EUR
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Arconic Corporation
47I.DE
(Deutsche Börse)
Recent
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26.96
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div
yld
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ROIC.AI
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in mil. unless spec.- Similar Companies
- Business
- Arconic Corporation is a leading industrial company specializing in lightweight metals engineering and manufacturing, with a primary focus on aluminum sheet, plate, extrusions, and architectural products. The company serves the aerospace, automotive, commercial transportation, industrial, and building and construction markets. Its product portfolio includes aluminum sheets and plates for aerospace applications; aluminum sheet and extrusions for automotive manufacturing; brazing sheets for thermal management systems; and innovative architectural metal products. Arconic operates globally through a network of rolling mills and manufacturing facilities, primarily headquartered in Pittsburgh, Pennsylvania, and founded in 2004. In recent developments, Arconic completed a $5.2 billion acquisition by Apollo Global Management in August 2023, which included a minority investment from affiliates of Irenic Capital Management. The acquisition brought fresh strategic direction combined with deep industry expertise aimed at advancing Arconic’s position in aluminum products and architectural solutions. Additionally, in 2025, Arconic commissioned a $57.5 million expansion at its Davenport Works plant in Iowa to double domestic production of High Purity Aluminum, a critical material for aerospace and defense applications. This expansion enhances U.S. capacity to supply advanced alloys essential to national defense and aviation industries, supported by advanced production technology and automation systems. Arconic’s business segments include aerospace and automotive products, where it holds market leadership in aluminum sheet and plate; brazing, commercial transportation, and industrial solutions, pioneering multi-layer aluminum brazing sheets; and architectural systems, offering innovative, sustainable metal products for building façades and construction. The company’s products contribute to lighter, stronger, and more fuel-efficient vehicles and aircraft, supporting global sustainability efforts and advanced manufacturing initiatives. Its strategic focus includes expanding domestic production capabilities, strengthening supply chains crucial to defense priorities, and leveraging advanced material technologies to maintain competitive advantages worldwide.