Formed in 1888, Arconic Inc. (formerly known as Alcoa Inc.) is a Pennsylvania
corporation with its principal office in New York, New York. In this report,
unless the context otherwise requires, “Arconic” or the “Company”
means Arconic Inc. and all subsidiaries consolidated for the purposes of its
financial statements.
Arconic is a global leader in lightweight metals engineering and manufacturing.
Arconic’s innovative, multi-material products, which include aluminum,
titanium, and nickel, are used worldwide in aerospace, automotive, commercial
transportation, packaging, building and construction, oil and gas, defense,
consumer electronics, and industrial applications.
Arconic is a global company operating in 19 countries. Based upon the country
where the point of sale occurred, the United States and Europe generated 63%
and 26%, respectively, of Arconic’s sales. In addition, Arconic has operating
activities in Brazil, Canada, China, Japan, and Russia, among others. Governmental
policies, laws and regulations, and other economic factors, including inflation
and fluctuations in foreign currency exchange rates and interest rates, affect
the results of operations in these countries.
Arconic’s operations consist of three worldwide reportable segments: Global
Rolled Products, Engineered Products and Solutions, and Transportation and Construction
Solutions.
Arconic’s Global Rolled Products segment produces a range of aluminum
sheet and plate products for the aerospace, automotive, commercial transportation,
brazing and industrial markets. This segment comprises Aerospace and Automotive
Products; Brazing, Commercial Transportation and Industrial Solutions; and Micromill™
Products and Services. As part of the Separation of Alcoa Corporation from the
Company, the Global Rolled Products segment integrated its Bohai (China), Itapissuma
(Brazil), and Samara (Russia) facilities into Brazing, Commercial Transportation
and Industrial Solutions and its Tennessee (U.S.) facility into Aerospace and
Automotive Products.
Arconic’s Engineered Products and Solutions segment develops and manufactures
high performance products for the aerospace (commercial and defense), commercial
transportation, and power generation end markets. Such products include fastening
systems (titanium, steel, and nickel superalloys); seamless rolled rings (mostly
nickel superalloys); investment castings (nickel superalloys, titanium, and
aluminum), including airfoils and forged jet engine components (e.g., jet engine
disks); and various forging and extrusion metal products for the oil and gas,
industrial products, automotive, and land and sea defense end markets.
The Engineered Products and Solutions segment is comprised of four business
units: Arconic Power and Propulsion; Arconic Fastening Systems and Rings; Arconic
Forgings and Extrusions; and Arconic Titanium and Engineered Products
.
Arconic Power and Propulsion (APP). APP produces investment cast airfoils for
aero engine and industrial gas turbines and structural aero engine and airframe
components. APP also provides additive manufacturing technologies, superalloy
and titanium ingots, machining, performance coatings, and hot isostatic pressing
for high performance parts.
Arconic Fastening Systems and Rings (AFSR). AFSR produces aerospace fastening
systems and rings, as well as commercial transportation fasteners. The business’s
rings and high-tech, multi-material fastening systems are found nose to tail
on aircraft and aero engines. The business’s products are also critical
components of industrial gas turbines, automobiles, commercial transportation
vehicles, and construction and industrial equipment.
Arconic’s Transportation and Construction Solutions segment produces
products that are used mostly in the nonresidential building and construction
and commercial transportation end markets. Such products include integrated
aluminum structural systems, architectural extrusions, forged aluminum commercial
vehicle wheels, and aluminum products for the industrial products end market.
The Transportation and Construction Solutions segment is comprised of three
business units: Arconic Wheel and Transportation Products; Building and Construction
Systems; and Latin American Extrusions.
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