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Mon. 2:30 p.m.: Arconic reports revenue increase

WEATHERSFIELD – Arconic Inc. reported a slight increase for its second quarter of the year over the same period in 2016.

The New York-based company, which has a plant in Weathersfield, today reported revenue of $3.3 billion, up 1 percent year over year, for the quarter that ended June 30.

Company leaders said the increase was driven by higher volumes across all business segments as well as higher aluminum prices.

Arconic, which makes makes aluminum, titanium or nickel parts for planes, cars and electronics, was spun off from aluminum company Alcoa last year.

In November 2016, Alcoa separated into two companies – Alcoa Corp. and Arconic. Upon separation, Alcoa’s Weathersfield facility became part of Arconic.

For more, read Tuesday’s Tribune Chronicle.

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