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Arconic
Arconic Corporation is an American industrial company specializing in lightweight metals engineering and manufacturing. Its products are used worldwide in aerospace, automotive, packaging, oil and gas, building and construction, defense, commercial transportation, consumer electronics, and industrial applications. The business today known as Arconic was originally part of Alcoa Inc. The name Arconic was first used in 2016 when Alcoa Inc. was separated into two companies, Alcoa Corporation and Arconic Inc. Arconic Inc. was further separated in 2020 into Howmet Aerospace Inc., focused on engineered products, and Arconic Corporation, focused on rolled aluminium products. On August 18, 2023, private equity firm Apollo Global Management completed the acquisition of Arconic. In 2024, the official inquiry into the 2017 Grenfell Tower fire in London, which killed 72 people, identified Arconic cladding as "by far the largest contributor" to the disaster. The company was found to have d ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Howmet Aerospace
Howmet Aerospace Inc. is an American aerospace company based in Pittsburgh, Pennsylvania. The company manufactures components for jet engines, fasteners, titanium structures for aerospace applications, and forged aluminum wheels for heavy trucks. The firm operates 27 facilities in the United States, Canada, Mexico, France, the UK, China, Brazil, Hungary and Japan. History Before Alcoa acquisition Howmet's roots go back to 1926, when Austenal, a company that manufactured materials for dental appliances, was founded. Its founders, Reiner Erdle and Charles Prange, worked to improve investment chrome base castings using two separate investments: The first coating, named "protective coat", gives a smooth finish. It was smothered with alcohol binder investment to obtain a correct expansion. This technology replaced gold alloy with vitallium and was popular during the Great Depression. During the 1930s, Austenal expanded into aircraft engine superchargers with superior castings when ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grenfell Tower Fire
On 14 June 2017, a List of fires in high-rise buildings, high-rise fire broke out in the 24-storey Grenfell Tower block of Public housing in the United Kingdom, flats in North Kensington, West London, England, at 00:54 British Summer Time, BST and burned for 60 hours. Seventy people died at the scene and two people died later in hospital, with more than 70 injured and 223 escaping. It was the deadliest structural fire in the United Kingdom since the 1988 Piper Alpha oil-platform disaster and the worst UK residential fire since the Blitz of World War II. The fire was started by an electrical fault in a refrigerator on the fourth floor. As Grenfell was an existing building originally built in concrete to varying tolerances, gaps around window openings following window installation were irregular and these were filled with combustible foam insulation to maintain air-tightness by contractors. This foam insulation around window jambs acted as a conduit into the rainscreen cavity, wh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Klaus Kleinfeld
Klaus-Christian Kleinfeld (born 6 November 1957 in Bremen, West Germany) is a German businessman. He worked as the CEO of businesses including Siemens AG, Alcoa Inc, and Arconic. Kleinfeld joined a marketing consulting firm in 1982, then worked briefly at Ciba-Geigy before joining Siemens AG in 1987 where he rose to become CEO from 2005. Kleinfeld's efforts to modernize the company led to conflict with defenders of Siemens' traditional business culture. However, the company's financial performance flourished. In 2006, a German government investigation uncovered slush funds in secret bank accounts maintained by Siemens in order to win contracts. Investigators found no evidence of wrongdoing by Kleinfeld and no charges were brought against him. In 2009, Kleinfeld, along with other former top Siemens executives, agreed to pay Siemens a sum to settle a related civil matter. In June 2007, Kleinfeld left Siemens, citing uncertainty about his future with the company after divisions amon ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Alcoa
Alcoa Corporation (an acronym for "Aluminum Company of America") is an American industrial corporation. It is the world's eighth-largest producer of aluminum. Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling. Alcoa emerged in 1888 as the brainchild of Charles Martin Hall, with the funding of Alfred E. Hunt and Arthur Vining Davis. Alcoa was the first mass producer of aluminum. Before Alcoa's formation, aluminum was difficult to refine and, as a result, was more expensive than silver or gold. In 1886, Hall discovered the Hall–Héroult process, the first inexpensive technique for refining aluminum, drastically reducing the price of aluminum while increasing its availability. Hall approached Hunt and Davis to form a company to bring his process to ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Pittsburgh, Pennsylvania
Pittsburgh ( ) is a city in Allegheny County, Pennsylvania, United States, and its county seat. It is the List of municipalities in Pennsylvania#Municipalities, second-most populous city in Pennsylvania (after Philadelphia) and the List of United States cities by population, 67th-most populous city in the U.S., with a population of 302,971 as of the 2020 United States census, 2020 census. The city is located in Western Pennsylvania, southwestern Pennsylvania at the confluence of the Allegheny River and Monongahela River, which combine to form the Ohio River. It anchors the Greater Pittsburgh, Pittsburgh metropolitan area, which had a population of 2.457 million residents and is the largest metro area in both the Ohio Valley and Appalachia, the Pennsylvania metropolitan areas, second-largest in Pennsylvania, and the List of metropolitan statistical areas, 26th-largest in the U.S. Pittsburgh is the principal city of the greater Pittsburgh–New Castle–Weirton combined statistic ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Apollo Global Management
Apollo Global Management, Inc. is an American asset management firm that primarily invests in alternative assets. , the company had $548 billion of assets under management, including $392 billion invested in credit, including mezzanine capital, hedge funds, non-performing loans, and collateralized loan obligations, $99 billion invested in private equity, and $46.2 billion invested in real assets, which includes real estate and infrastructure. The company invests money on behalf of pension funds, financial endowments, and sovereign wealth funds, as well as other institutional and individual investors. Apollo was founded in 1990 by Leon Black, Josh Harris, and Marc Rowan, former investment bankers at the defunct Drexel Burnham Lambert. The company is headquartered in the Solow Building in New York City, with offices across North America, Europe, and Asia. Founder and CEO Leon Black resigned as CEO in 2021 in the wake of sexual misconduct allegations and revelations that he ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
VSMPO-AVISMA
VSMPO-AVISMA Corporation () is the world's largest titanium producer. Located in Verkhnyaya Salda, Russia, VSMPO-AVISMA also operates facilities in Ukraine, England, Switzerland, Germany, United States. The company produces titanium, aluminum, magnesium and steel alloys. VSMPO-AVISMA does a great deal of business with aerospace companies around the world. As of February 2022, VSMPO produced 90% of titanium in Russia and exported it to 50 countries all over the globe. VSMPO is mostly owned by Industrial Investments LLC, whose main owner is the russian billionaire Mikhail Shelkov. VSMPO stands for VerkhneSaldinskoye Metallurgicheskoye Proizvodstvennoye Ob'yedineniye (, or Metal-producing company of Verkhnyaya Salda; and AVISMA for AVIatsionnyye Spetsial'nyye MAterialy or AVIation Special MAterials). History After Rosoboronexport obtained an 66% stake in October 2006 of VSMPO-Avisma, Sergey Chemezov became chairman of VSMPO-AVISMA in November 2006. On 27 December 2007 US Boeing ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Grenfell Tower Inquiry
The Grenfell Tower Inquiry was a British public inquiry into the Grenfell Tower fire, which killed 72 people and destroyed Grenfell Tower on 14 June 2017. It was ordered by Prime Minister of the United Kingdom, Prime Minister Theresa May on the day following the fire. May announced on 29 June 2017 that the inquiry would be chaired by retired judge Martin Moore-Bick, Sir Martin Moore-Bick, with the immediate priority "to establish the facts of what happened at Grenfell Tower in order to take the necessary action to prevent a similar tragedy from happening again". She promised that "No stone will be left unturned by this inquiry." On 15 August 2017, the terms of reference of the Inquiry were announced. The first hearing opened on 14 September 2017. The Inquiry was divided into two phases: Grenfell Tower Inquiry Phase 1, Phase 1, which addressed the events on the night of the fire, and Grenfell Tower Inquiry Phase 2, Phase 2, which investigated the wider situation. Hearings for Pha ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Elliott Investment Management
Elliott Investment Management L.P. is an American investment management firm. It is also one of the largest activist funds in the world. It is the management affiliate of American hedge funds Elliott Associates L.P. and Elliott International Limited. The Elliott Corporation was founded by Paul Singer, who is CEO of the management company, based in New York City. As of the first quarter of 2015, Elliott's portfolio is worth over $8 billion. By 2009, over a third "of Elliott's portfolio was concentrated in distressed securities, typically in the debt of bankrupt or near-bankrupt companies." The firm moved its headquarters from New York City to West Palm Beach, Florida in 2020. Overview Singer created Elliott Associates in January 1977, starting with $1.3 million from friends and family and choosing the Elliott brand as it is his middle name. In its earliest years, the firm focused on convertible arbitrage. Since the 1987 stock market crash and early 1990s recession, however, ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Tennessee
Tennessee (, ), officially the State of Tennessee, is a landlocked U.S. state, state in the Southeastern United States, Southeastern region of the United States. It borders Kentucky to the north, Virginia to the northeast, North Carolina to the east, Georgia (U.S. state), Georgia, Alabama, and Mississippi to the south, Arkansas to the southwest, and Missouri to the northwest. Tennessee is the List of U.S. states and territories by area, 36th-largest by area and the List of U.S. states and territories by population, 15th-most populous of the 50 states. According to the United States Census Bureau, the state's estimated population as of 2024 is 7.22 million. Tennessee is geographically, culturally, and legally divided into three Grand Divisions of Tennessee, Grand Divisions of East Tennessee, East, Middle Tennessee, Middle, and West Tennessee. Nashville, Tennessee, Nashville is the state's capital and largest city, and anchors its largest metropolitan area. Tennessee has dive ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
New York (state)
New York, also called New York State, is a U.S. state, state in the northeastern United States. Bordered by New England to the east, Canada to the north, and Pennsylvania and New Jersey to the south, its territory extends into both the Atlantic Ocean and the Great Lakes. New York is the List of U.S. states and territories by population, fourth-most populous state in the United States, with nearly 20 million residents, and the List of U.S. states and territories by area, 27th-largest state by area, with a total area of . New York has Geography of New York (state), a varied geography. The southeastern part of the state, known as Downstate New York, Downstate, encompasses New York City, the List of U.S. cities by population, most populous city in the United States; Long Island, with approximately 40% of the state's population, the nation's most populous island; and the cities, suburbs, and wealthy enclaves of the lower Hudson Valley. These areas are the center of the expansive New ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Russian Invasion Of Ukraine
On 24 February 2022, , starting the largest and deadliest war in Europe since World War II, in a major escalation of the Russo-Ukrainian War, conflict between the two countries which began in 2014. The fighting has caused hundreds of thousands of Casualties of the Russo-Ukrainian War, military casualties and tens of thousands of Ukrainian Attacks on civilians in the Russian invasion of Ukraine, civilian casualties. As of 2025, Russian troops Russian-occupied territories of Ukraine, occupy about 20% of Ukraine. From a population of 41 million, about 8 million Ukrainians had been internally displaced and more than 8.2 million Ukrainian refugee crisis, had fled the country by April 2023, creating Europe's List of largest refugee crises, largest refugee crisis since World War II. In late 2021, Russia Prelude to the Russian invasion of Ukraine, massed troops near Ukraine's borders and December 2021 Russian ultimatum to NATO, issued demands to the Western world, West i ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
