# Alcoa invests USD 54M in casting capacity at Bécancour smelter

Alcoa will invest USD 54 million (USD 41 million Alcoa share) to add casting capacity at the Bécancour smelter in Canada, enabling production of rolling slab for automotive and packaging markets.

- Type: Investment
- Announced: 2023-10-19
- Where: Bécancour, Quebec, Canada
- Value: $54.0M
- Status: announced
- Products: rolling slab, aluminum
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcoa Corporation](https://endata.com/companies/7297.md)

## Sources

- [alcoa.com](https://www.alcoa.com/global/en/what-we-do/aluminum/stories/releases?id=2023%2F10%2Falcoa-announces-value-added-product-investment-at-becancour-smelter-in-canada), 2023-10-19: "Alcoa will add additional casting capacity at the Bécancour smelter in Canada to help meet the growing needs of North American automotive and packaging markets."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.