Alcoa Completes Acquisition of RTI International Metals

NEW YORK – Lightweight metals giant Alcoa completed its acquisition Thursday of Pittsburgh-based RTI International Metals Inc., which operates a large titanium mill in Niles, Ohio. The deal, worth $1.5 billion, was announced last March. Under the acquisition, RTI is a stand-alone business unit as part of Alcoa’s downstream Engineered Products and Solutions segment and renamed Alcoa Titanium & Engineered Products, or ATEP. Eric Roegner, chief operating officer of Alcoa’s Engineere

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