Alcoa Opens New Facility In North Carolina; Plant Will Provide Products to Freightliner - aftermarketNews

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Alcoa Opens New Facility In North Carolina; Plant Will Provide Products to Freightliner

Alcoa's Subassembly and Logistics business has announced plans to open a new manufacturing plant in Salisbury, Rowan County, N.C. The $6 million investment will create 75 new jobs in the area. Alcoa Subassembly and Logistics, part of Alcoa Wheel and Forged Products, provides wheel and tire assemblies to the Freightliner Group. The new North Carolina facility will support Freightliner locations in North and South Carolina. Production is scheduled to start in mid-April.

aftermarketNews Staff
By aftermarketNews Staff
Published:

PITTSBURGH — Alcoa’s Subassembly and Logistics business has announced plans to open a new manufacturing plant in Salisbury, Rowan County, N.C. The $6 million investment will create 75 new jobs in the area.

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Alcoa Subassembly and Logistics, part of Alcoa Wheel and Forged Products, provides wheel and tire assemblies to the Freightliner Group. The new North Carolina facility will support Freightliner locations in North and South Carolina. Production is scheduled to start in mid-April.

Alcoa currently has four other operating locations in North Carolina, in the cities of Badin, Catawba, Charlotte and Greensboro. The Salisbury plant will be the largest facility that Alcoa Subassembly and Logistics operates.

Acording to James Albon, manager, Alcoa Subassembly and Logistics, Alcoa has made this investment in response to a strong commercial vehicle market.

For more information about Alcoa, go to: www.alcoa.com.

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PHINIA Reports Q1 2024 Results

U.S. GAAP net sales were $863 million, an increase of 3.4% compared with Q1 2023, according to PHINIA.

Emma Henderson
By Emma Henderson
Emma Henderson is the Managing Editor of aftermarketNews and Counterman. She joined Babcox after a career as a television reporter for stations across the Midwest. Contact her at [email protected]
Published:

PHINIA Inc. reported results for the first quarter ended March 31, 2024.

First Quarter Highlights:

U.S. GAAP net sales of $863 million, an increase of 3.4% compared with Q1 2023.

Excluding $17 million of contract manufacturing sales, sales were up slightly compared to Q1 2023. Favorable pricing and currency were partially offset by lower commercial vehicle sales in Europe.

Read Full Article

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