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2006-09-27 News Release
SMW Automotive Hong Kong alliance with Alcoa Signed agreement with SMW Automotive Hong Kong by Alcoa to produce cast aluminum chassis and suspension components and modules for the automotive industry in Asia Pacific region.
Under the agreement, Alcoa plans to license its Vacuum Riserless and Pressure Riserless Casting (VRC/PRC) technology and sell related production assets. SMW Hong Kong’s new wholly owned subsidiary, Alutech Automotive
Parts, Ltd. of China, will establish an aluminum casting plant in Wuhan,
Hubei Province, China to supply OEMs in China, South Korea, Japan and
the Asia Pacific region with cast structural parts using Alcoa's proprietary
technology. The plant is slated to be operational in 2008. In addition,
the agreement provides the framework for both companies to identify, develop
and launch programs. “This marks our official establishment of a commercial footprint
in China and complements and adds to Alcoa’s current VRC/PRC aluminum
casting capabilities in the U.S. and Europe,” said Misha Riveros
Jacobson, President, Alcoa Auto and Truck Structures
VRC: Vacuum Riserless Casting Features
PRC: Pressure Riserless Casting Advantages Controlled bottom filling with progressive top down solidification . Minimum metal turbulence Find
more information about Alcoa.
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