Article: United States: Alcoa to Fix Largest Cold War Era Press to Build F-35 Parts.

Byline: kusumv03

Alcoa Inc., the largest U.S. aluminum producer, is set to invest $110 million to repair one of the nation s biggest pieces of industrial machinery to help boost output for Lockheed Martin Corp. s F-35 fighter jet.

The 50,000-ton Cleveland Works press, which has been out of service for more than a year, will be completely disassembled and renovated, said Bill Christopher, head of Alcoa s engineered-products division. New York-based Alcoa aims to complete the project by the end of 2011 s second quarter, aided by $21 million in state and local tax credits.

The 92-foot (28-meter) structure, with four stories above ground and four ...

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