Alight Arconic (2024)

FAQs

What is Arconic mission statement? ›

Our Mission

Pioneering aluminum products and technologies that advance our world, together.

Revenues of $9.0 billion increased 19% from 2021 levels and 10% organically primarily due to sales growth in aerospace, packaging, building and construction, and ground transportation. A net loss of $182 million, or $1.75 per share in 2022, compared with net loss of $397 million, or $3.65 per share, in 2021.

Employees rate Arconic 3.3 out of 5 stars based on 750 anonymous reviews on Glassdoor.

2020: Arconic separates into two standalone companies - Arconic and Howmet Aerospace.

On August 18, 2023, private equity firm Apollo Global Management completed the acquisition of Arconic.

Bob Beckstead, Watertown Daily Times, N.Y. Aug. 18—MASSENA — Arconic announced Friday that its sale to Apollo Funds had been finalized, and the company would continue to operate under the Arconic name and brand.

Back in November, the former Dow component was renamed Arconic . In conjunction with that event, the company spun off the aluminum operations into a newly-formed company that assumed the old name, Alcoa.

At Arconic, we: Act With Integrity.

We lead with respect, honesty, transparency and accountability.

Our corporate mission statement "We push the boundaries of the feasible - to create a safe and sustainable world" demonstrates our sense of responsibility (mission statement). In our Code of Conduct from 2021, we declare the great importance we attach to acting with integrity and in compliance with the law.

U.S. Until 2016, the businesses forming Arconic were part of Alcoa; four years later, Arconic was split into two separate businesses: Howmet Aerospace Inc, focused on engineered products, and Arconic Corporation, focused on rolled aluminium products.

What is the mission statement of Alcoa? ›

Our Purpose: Turn Raw Potential into Real Progress

At Alcoa, we turn ideas into innovation. Impossibility into impact. What if, into what is. We are unlocking the value inside our people and processes to change the industry and shape the world we live in.