Alcoa to Commercialize MicromillTM Technology in Worldwide Licensing Deal
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Ford and Alcoa's Micromill Agreement Largely Positive for Both Companies - Stifel (F) (AA)
September 15, 2015 2:22 PM EDTStifel is out with commentary on Ford (NYSE: F) and Alcoa (NYSE: AA) following news late Monday that the two companies would collaborate to produce next-generation automotive aluminum alloys that are more formable and design-friendly.
On Alcoa, analyst Paul Massoud said, Alcoa first unveiled its Micromill technology in December 2014 after having... More
Alcoa (AA) Enters Agreement to Commercialize Micromill Technology
September 14, 2015 4:04 PM EDTAlcoa (NYSE: AA) announced it will commercialize its breakthrough Micromill technology, working with the Danieli Group, a global supplier of plants and equipment to the metals industry. Danieli will license Alcoas intellectual property associated with manufacturing advanced Micromill® products. In a separate announcement made earlier today, Alcoa and Ford Motor Company said that the automaker has selected Micromill material to be used on its 2016 Ford F-150 truck.
Under the letter of intent, Alcoa and Danieli will work toward an agreement to sell Micromill equipment and license the patented Micromill technology. As part of... More
