[WorldKings - Wowtimes - Almanac Events & Achievements 2023] Impressive milestones in the 87-year development of Howmet Aerospace Inc., the world's leading manufacturer of aerospace components (1936)

20-06-2023

(Worldkings.org) Howmet Aerospace is a global aerospace company that specializes in the manufacturing of advanced engineered materials and components.

Howmet Aerospace Inc. provides advanced engineered solutions for the aerospace and transportation industries in the United States, Japan, France, Germany, the United Kingdom, Mexico, Italy, Canada, Poland, China, and internationally. It operates through four segments: Engine Products, Fastening Systems, Engineered Structures, and Forged Wheels.

With nearly 1,150 granted and pending patents, the Company’s differentiated technologies enable lighter, more fuel-efficient aircraft to operate with a lower carbon footprint.

The company was formerly known as Arconic Inc. Howmet Aerospace Inc. was founded in 1888 and is based in Pittsburgh, Pennsylvania.

 

The company’s milestones:

1936: Howmet Corporation founded by Dr. Karil D.Wood.

1940s: Produced parts for aircraft engines and military equipment.

1956: Howmet developed the first investment casting process for gas turbine airfoils, which would become a key technology for the aerospace industry.

1960s-70s: Howmet expanded its operations globally, with new facilities in Europe and Asia.

 

1980s: Shifts focused to aerospace and defense, acquiring several aerospace manufacturing companies.

2004: Howmet was part of a merger creating the Alcoa Inc.

2007: Howmet was renamed Alcoa Howmet as part of the newly formed Alcoa Thrust and Thrust unit.

2016: Alcoa Inc. renamed to Arconic Inc. and maintained operations in aluminum rolling, aluminum sheet, precision casting, and aerospace and industrial fasteners.

2020: Spun off from Arconic Inc. and becoming an independent, publicly-traded company.

 

2021: Howmet Aerospace announced plans to invest in a new advanced manufacturing facility in Indiana, USA.

As of 2023: Howmet Aerospace continues to be a leading supplier of advanced engineered materials and components to the aerospace industry, with operations in North America, Europe, and Asia.

According to finance.yahoo.com & Wikipedia


Kyna ( Collect) - WORLDKINGS (Source of photos: Internet)

 

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