ERJ staff report (BC)
Suzhou, China - Alcoa Inc. has opened its first aluminium wheel plant in China to supply the local automotive market. The facility, located at Suzhou in east China's Jiangsu province, will produce forged aluminium wheels for trucks, trailers and buses. Alcoa released no further information about the plant. But according to the Suzhou government, initial investment in it is estimated at $29 million (180 million yuan).