alcoa


A Lightweight Investment With Big Dividends: DOE, Alcoa, and Aluminum Vehicles

, Senior policy and legal analyst

Good news has emerged from the halls of the Department of Energy (DOE). Yesterday, DOE announced that Alcoa Incorporated, a “global leader in lightweight metals technology, engineering, and manufacturing,” has been awarded a $259 million loan guarantee under the Advanced Technology Vehicles Manufacturing (ATVM) Loan Program. This capital will enable Alcoa to add 200 jobs at a Tennessee facility that manufactures the type of high-grade aluminum automakers are using to improve vehicle fuel efficiency and help drivers save money, cut emissions, and reduce oil use. Read more >

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