Arconic inks multi-year deal with Toyota
2017-03-20 16:46:41 【Print】
BEIJING (Asian Metal) 20 Mar 17 - Arconic announced a multi-year supply deal with Toyota North America
This makes Arconic the sole aluminum sheet supplier to Toyota for the Lexus RX, named by Consumer Reports as the Best Luxury SUV of 2016 . Arconic will supply Toyota from its plants in Davenport, Iowa, and Danville, Illinois.
The Company estimates that it will grow its automotive sheet revenue from $76 million in 2010 to $1 . 3 billion in 2018, and across Arconic’s full automotive portfolio, 98 percent of Arconic revenues come from products where it is number one or number two in its segment.
. Arconic is supplying aluminum to Toyota for its all-new Lexus RX . The vehicle debuted last year and became Toyota’s first vehicle in North America to prominently feature aluminum exterior panels.
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