OTHER NEWS - Nov. 14, 1991
From Times Staff and Wire Reports
Alcoa to Form Venture With Swiss Firm: Aluminum Co. of America and a Swiss aluminum maker said they would form a joint venture to make flat-rolled products for the European automotive, industrial and aerospace markets. Alcoa will have a 60% stake in the venture with Alusuisse-Lonza Holding Ltd. of Zurich. The venture will invest about $210 million in modernizing the aluminum rolling equipment, smelter and ingot casting facilities owned by Alusuisse Swiss Aluminum Ltd., a subsidiary of Alusuisse-Lonza.
