Alcoa Transportation Products Celebrates Finalist Status In 2009 Automotive News PACE Award Competition

November 28, 2008 · Posted in Mining Industry, Mining Investment, Mining News, Mining Stocks

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Alcoa Transportation Products is a finalist in the prestigious 2009 Automotive News PACE Award competition. The 15th annual PACE (Premier Automotive Suppliers’ Contribution to Excellence) Award is presented by Automotive News and co-sponsors Ernst & Young and Transportation Research Center Inc.

Alcoa Transportation Products was recognized for its Alcoa Vacuum Die Casting (AVDC) for Lightweight Door Assemblies developed as an integrated casting alloy/process/equipment “Systems Solution,” which provides vehicle manufacturers within the Passenger Auto and Commercial Transportation market segments the opportunity to maximize the weight savings (30-35%), part consolidation (60-70% BOM/parts reduction) and systems cost of Lightweight Door Systems. The integration of Alcoa Transportation Products (a) patented AVDC casting process, (b) dimensionally stable high strength/high ductility casting alloys and (c) large die/part size capability has expanded the lightweight options for door inner panels beyond multiple piece stamped aluminum or steel sheet stampings.

Recognizing superior innovation, technological advancement and business performance, the Automotive News PACE Award is open to suppliers that contribute products, processes, materials or services directly to the manufacture of cars or trucks. The award is accepted around the world as the industry symbol of innovation.

Alcoa Transportation Products is a finalist in the Product-Europe category, which includes innovations in new products or services or in new product and service development and introduction processes that have significant market impact and act as “game changers” in the automotive industry.

The Automotive News PACE Award also recognizes suppliers’ superiority in three additional categories: Product, Information Technology and Services and Manufacturing Process and Capital Equipment.

Alcoa Transportation Products, along with other Automotive News PACE Award finalists, will undergo an extensive review process – including a site visit – by industry, academic and business leaders to select award winners, to be announced in Detroit, Michigan on April 20, 2009.

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