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Alcoa Spinoff Arconic Plans Capex for 2017


Industry Segment: Metals & Minerals | Word Count: 408 Words

SUGAR LAND--December 15, 2016--Researched by Industrial Info Resources (Sugar Land, Texas)--Arconic Incorporated (NYSE:ARNC) (New York, New York), the downstream spinoff of Alcoa Incorporated, on Wednesday announced plans to put $650 million toward capital expenditures in 2017. Of this, $136 million remains under review. Industrial Info is tracking $3.59 billion in projects belonging to Arconic and Alcoa Corporation (NYSE:AA) (New York) throughout the world.

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