Alcoa-CPI Aluminum Investment Co., Ltd. Established
Source:Shanghai PowerWriter:Date:03/04/2013
On 25 March 2013, Alcoa-CPI Aluminum Investment Co., Ltd. jointly invested by CPI and Alcoa was established in Shanghai, with its registered location at World Expo, Pudong New Zone, Shanghai.
The establishment of Alcoa-CPI Aluminum Investment Co., Ltd. will promote aviation, aerospace, auto manufacturing and other aluminum-related industries in Shanghai. As CPI intensifies its development efforts in Shanghai, its subsidiaries there, including the newly established one, will leverage on the HQ’s economic advantages to exert their cluster effects and achieve win-win results for both investors. Based on Alcoa’s expertise in technology, brand and management and CPI’s strengths in raw aluminum and energy, Alcoa-CPI Aluminum Investment Co., Ltd. will yield greater benefits through interactions.
Gary Locke, the US Ambassador to China, sent his congratulations on the event.
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