April 12, 2017

Arconic Installs Plate Stretcher

Arconic has invested $150 million in a new Very Thick Plate Stretcher at its Davenport, Iowa, facility. The stretcher is designed to level thick aluminum plate for aerospace and industrial customers. The stretcher will improve the performance of thick aluminum and aluminum-lithium plate by producing a product more easily machined and processed by customers, the company claims.

In aerospace, the stretcher will not only enable Arconic to service the existing plate market, but also allow airframe builders to make large wing ribs, fuselage frames and bulkheads in new sizes and thicknesses. In the industrial market, plate from the stretcher can be used in manufacturing molds and chambers for applications such as semiconductors, the company said.

“This investment was made to expand Arconic’s leadership in the aerospace market and create profitable growth in attractive industrial markets,” says Arconic Chairman and CEO Klaus Kleinfeld.

Arconic’s Davenport facility is currently commissioning the stretcher. It expects to begin shipping product to industrial customers in the second quarter and to aerospace customers in the fourth quarter.


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Thursday, October 19, 2017