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Alcoa Back in the Black for Full-Year 2014 as Prices Improve, Expects $750 Million Growth Capex in 2015

Alcoa Back in the Black for Full-Year 2014 as Prices Improve, Expects $750 Million Growth Capex in 2015

SUGAR LAND--January 14, 2015--Researched by Industrial Info Resources (Sugar Land, Texas)--Aluminum producer Alcoa Incorporated's (NYSE:AA) (Pittsburgh, Pennsylvania) net earnings were in the black for full-year 2014, following higher metal prices and strong results in the midstream and downstream businesses, as well as stronger sales to the energy industry. Executives said that operating results were the best since 2008. Industrial Info is tracking $5.81 billion in active projects involving Alcoa.

Within this article: Details on Alcoa's quarter and several major projects, including the expansion of an aluminum works facility in Riverdale, Iowa.