An East Tennessee aluminum plant is bolstering its workforce after the company signed a slew of deals with major beverage can producers. Tim Myers, the CEO of Pittsburgh-based Arconic, told reporters on the aluminum manufacturer’s quarterly earnings call that six companies had recently agreed to contracts worth a total of $1.5 billion through 2024, including can maker Ball Corp. and brewing giant AB InBev. As a result, the company’s factory in Alcoa, Tennessee, hired nearly 100 workers since the middle of last year and plans to add 100 more before its production of can-sheet aluminum becomes fully operational by the beginning of 2022, company officials told the Maryville Daily Times. Arconic, which was part of Alcoa Inc. until that company split into two separate companies in 2016, made aluminum for cans for about two decades before announcing it would exit the segment that same year to focus on the automotive and industrial markets.
Veranese Promoted to CEO of AMI
With the continued growth and evolution of Advanced Manufacturing International, Inc. (AMI), the