At a recent meeting with analysts and investors, Alcoa Chairman and Chief Executive Officer Alain Belda announced a new company-wide, three-year cost savings challenge, following the successful completion of Alcoa's 2001-2003 cost savings program in which it achieved $1.012 billion in annual savings.
"By investing in R&D, we invest in the future of high-performance materials and, consequently, in the future of our customers and our company," said Christian Streiff, president, Saint-Gobain High-Performance Materials and senior vice president, Compagnie de Saint-Gobain.
Total R&D expenditures in the U.S. are expected to increase about 2.5% from the $283.8 billion spent in 2003 to nearly $291 billion in 2004, according to the annual Battelle-"R&D Magazine" funding forecast.
Quality Expo Detroit, a Midwest trade event focused on quality solutions for manufacturers, will provide visitors with a full range of quality-related technologies and tools for improving productivity and reducing costs during the June 9-10, 2004, exhibition and conference at the Novi Expo Center in Novi, Mich.
The Society of Glass and Ceramic Decorators (SGCD) has released the preliminary program for DECO 2004, which will be held in Cincinnati, Ohio, March 27-30, 2004. Follow this link for a complete PDF copy of the program!
Alcoa recently announced that David C. Dobson joined the company effective January 1, 2004, as president of Alcoa Engineered Products, the Alcoa business that supplies extruded aluminum products to customers worldwide.
For fuel cells to move out of the laboratory and make an impact on the way cities generate electricity or become a standard method for powering automobiles, the units will need to be mass produced in a cost-effective manner.