Arconic launches

Arconic Inc. launches today as a global leader in multi-materials innovation, precision engineering and advanced manufacturing, strongly positioned in attractive markets. The company begins trading today on the New York Stock Exchange (NYSE) under the ticker "ARNC." In 2015, the businesses that today comprise Arconic recorded revenues of approximately $12.5 billion. Of this, approximately 65% derived from markets characterised by secular growth and compelling margins, including aerospace and automotive; the balance – 35% – was from markets with solid growth and attractive margins, such as specialty and industrial products, and building and construction. The separation of Alcoa Inc. into two…