Find out what millions of sellers are selling right now.
Find out what millions of buyers are buying right now.
Search Lead Business Directory for suppliers and buyers.
Find out about Lead Trade Shows & Events.
[United States]
Posted on : Jan 06, 2009
The US-based aluminum giant Alcoa is laying off 13,500 staff and 1700
contractors worldwide, as it battles back from a $1.3 billion loss in the last
three months of 2008. Half of the overall staff cuts will be from its US and
European operations. Alcoa operates in 34 countries.

The Pittsburgh-based company also said the moves are expected to save the
company about $US450 million annually, before taxes. ‘These are extraordinary
times, requiring speed and decisiveness to address the current economic
downturn,’ says Klaus Kleinfeld, Alcoa's President and CEO.

The news comes after Alcoa announced production reductions last fall. It said on
Tuesday it will further limit smelting by more than 135,000 metric tonnes per
year, lowering total aluminum output by more than 750,000 metric tonnes
annually, or 18%.

Its decision follows that of competitor Rio Tinto last month to cut 14,000 jobs
worldwide in order to reduce its $60 billion debt.

Other News and Announcements
[United States]
Posted on : Jul 04, 2018
Despite the growing interest and deployment figures for lithium-ion batteries for stationary energy storage, its ‘predecessor’ lead acid still has a strong role to play in enabling more and more ....
[United States]
Posted on : Jul 03, 2018
Aqua Metals is reinventing lead recycling with its patent-pending AquaRefining technology. The AquaRefining process takes place at room temperature and is water based; it’s also non-polluting. Aqua Met....
Posted on : Jun 29, 2018
Hitachi Chemical Co. announced on June 29 that it had found data falsification in quality inspections of lead-acid batteries for industrial use over a period of more than seven years, affecting some 60,000 p....
Posted on : Jun 21, 2018
Nothing is immune to the hype around the World Cup, including batteries — with Brazilian footballer Neymar being plugged once more as the face of the Heliar brand. Heliar is made by Johnson Con....
[United States]
Posted on : Jun 21, 2018
Battery giant Johnson Controls elected Jean Blackwell, the former CEO of Cummins Foundation, on to the board of directors on June 13. The foundation is the charity wing of the power company Cummins. ....
Read More