Alcoa is celebrating the launch of construction of its state-of-the-art aluminum lithium casting plant.
The company held a groundbreaking this morning at its plant in Lafayette.
Alcoa’s president of Forgings and ExtrusionsEric Roegner says the expanded facility will allow the company to manufacture products that will revolutionize the airline industry.
The new venture will create approximately 75 full-time jobs, as well as approximately 150 additional jobs during the course of construction.
Production is expected to start in 2014.
As part of the groundbreaking, Alcoa donated 25-thousand dollars to the local chapter of the American Red Cross.
The money will be used for disaster relief efforts in southern Indiana and the Tippecanoe County Chapter of the American Red Cross Heroes Campaign.