Alcoa Plans to Invest $60M in R&D
October 7, 2015
Aerospace manufacturer Alcoa, Pittsburgh, has announced plans to invest $60 million at its technical center in New Kensington, Pa., to expand its 3-D printing capabilities.
The aluminum and titanium producer intends the facility to focus on developing metal powders to use in additive manufacturing, as well as advancing the printing process and product design. The initiative will target the aerospace market, plus customers in the automotive, medical and building and construction markets.
“The (alloy) powders need to be improved upon, they need to be cost effective, and they need to work better in the additive printing process,” said Ray Kilmer, chief technology officer, Alcoa. “What’s new now is the machines are getting better, faster and cheaper. Alcoa is stepping into the process so we can get the performance and the cost to where they need to be.”
Construction of the new facility is expected to be completed in early 2016, with the goal of 100 new full-time jobs by 2017. The $60 million project has been helped by $10 million in grants and tax abatements from state, county and local governments. Pennsylvania’s Department of Community and Economic Development will provide a $450,000 grant and $180,000 in tax credits linked to job creation. Alcoa also is expected to apply for a $2 million, low-interest loan from the Pennsylvania Industrial Development Authority.