Alcoa Fastening Systems Signs Multi-Year/ Multi-Million Dollar Long Term Agreement With Mitsubishi Heavy Industries

Torrance, CA… Alcoa Fastening Systems, a leading worldwide designer and manufacturer of fastening systems, specialty fasteners, components, and installation systems for aerospace and commercial product assembly, announces that it has signed a three (3) year Long Term Agreement (LTA) with Mitsubishi Heavy Industries (MHI) for the supply of over 350 different fasteners in support of various commercial aircraft programs.

“We’re very happy to continue to build our relationship with Mitsubishi Heavy Industries and our mutual commitment towards each other’s future with this significant long term contract agreement” said Richard M. Sharpe, Sr. VP Global Customers & Marketing for Alcoa Fastening Systems.  “MHI is involved in many exciting and significant programs, and this contract will truly help both of us grow”, added Sharpe.      
 
Alcoa Fastening Systems, a business unit of Alcoa, has 5,500 employees, and manufactures at 26 locations in 7 countries. 
 
Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, precision castings, fastening systems, and electrical distribution systems for cars and trucks. The company has 127,000 employees in 41 countries. More information can be found at www.alcoa.com.