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Howmet Engine Systems 1110 E. Lincolnway LaPorte, IN 46350 USA September 15, 2020 To: Indiana Department of Workforce Development RE: Notification of Layoffs at Howmet Aerospace, Laporte Operations, 1110 East Lincolnway, Laporte, IN 46350 Howmet Aerospace’s Laporte, IN facility (“the Company”) has unfortunately been significantly impacted
Apr 06, 2020 · Howmet Aerospace Inc. (NYSE: HWM) announced today that it has completed the previously indicated early redemption of all of its 6.150% Notes due 2020 (the "6.150% Notes") and the early partial redemption of its 5.40% Notes due 2021 (the "5.40% Notes") in the aggregate principal amount of $1,000,000,000 and $300,000,000, respectively.
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The 2020 Annual Meeting of Shareholders of Howmet Aerospace Inc. (“Howmet Aerospace” or the “Company”) will be held on Monday, June 15, 2020, at 8:00 a.m. Eastern Time.
Howmet Aerospace is a global leader in engineered metal products. Our engines, fasteners and structures for aerospace and defense, as well as our forged wheels, are transforming the aerospace and commercial transportation industries.
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In February 2020, the company told analysts that it expected to lose $400 million in sales because of the Boeing crisis alone and could cut jobs this year as a result. In the first quarter of 2020, Howmet's revenues slid 9 percent to $3.2 billion, and the company announced a series of cost-cutting measures, including suspending dividends, aimed at saving approximately $100 million.
SIC for "aerospace-manufacturing" 3829 - Measuring and Controlling Devices, Not Elsewhere Classified Establishments primarily engaged in manufacturing measuring and controlling devices, not elsewhere classified, including meteorological instruments.