US-based Alcoa, has agreed to buy Sheffield-based Firth Rixson, the Sheffield-based global aerospace and engineering company, for a reported £1.67bn.
Well known for its mining business, Alcoa is also a leading aerospace manufacturing business which recently invested $25m at its Alcoa Power and Propulsion facility in Hampton, Virginia. The investment was made to scale-up a breakthrough process technology that cuts the weight of its highest-volume jet engine blades by 20% and significantly improves aerodynamic performance.…
This content is for subscribers only. Subscribe now for free to read the full article.
Already a subscriber? Login
