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Alcoa Acquires Laser Armor Tech Corporation FRANKLIN, Tennessee--August 20, 2001--
Alcoa announced today that Alcoa Fujikura Ltd. (AFL) Telecommunications
has acquired 100% of the stock of Laser Armor Tech Corp, a manufacturer
of laser welded stainless steel tubes for optical fibers. Based in San
Diego, Calif., Laser Armor Tech is a subsidiary of the privately held
Cook Group of Bloomington, Ind. Terms of the deal were not disclosed.
“The addition of Laser Armor Tech Corp. and its laser stainless steel
technology will help AFL maintain and grow its position as the world’s
leading cable manufacturer of Optical Ground Wire (OPT-GW),” said Frank
Larence, president of AFL Telecommunications.
Laser Armor Tech holds the patent rights, technology and licenses for
stainless steel tube manufacturing that allows for high fiber density in
small cable designs.
Alcoa is the world's leading producer of primary aluminum, fabricated
aluminum and alumina. Its related businesses include packaging
machinery, precision castings, fiber optic cables and electrical
distribution systems for vehicles. It has 142,000 employees in 37
AFL Telecommunications is a leading global provider of fiber optic
products and services to the electric utility, telecommunications, data
communications, and broadband industries. AFL is headquartered in
Franklin, Tenn., with manufacturing and service locations in the U.S.,
Mexico and the U.K.