Vehicle Research

Federal Loan Would Aid Alcoa Aluminum Expansion for F-150

May 30, 2014, by Paul Clinton

Photo of 2015 F-150 courtesy of Ford.
Photo of 2015 F-150 courtesy of Ford.

Aluminum producer Alcoa has made strides toward obtaining a $275 million federal loan to expand production to meet demand for Ford's 2015 aluminum F-150 pickup truck.

After applying earlier this year to the U.S. Department of Energy for a share of the remaing $16 billion in the U.S. Advanced Technology Vehicles Manufacturing fund, Alcoa completed an environmental review required to expand its Tennessee plant.

The expansion would create 500 construction jobs and 200 full-time jobs, as well as enabling Alcoa to produce 640 million pounds per year of aluminum for the trucks.

Earlier this month, Alcoa filed an environmental permit requesting exemption for a full-blown federal environmental review known as an Environmental Impact Statement.

Alcoa hopes to tap into the long-dormant ATVM fund, which was set up in 2008 and funded with a $25 billion congressional appropriation. To date, the loan program has provided $8 billion in loans, including $5.9 billion to Ford to upgrade 13 factories in six states, $1.4 billion to Nissan to retool a plant and construct a battery manufacturing facility for the Nissan LEAF, and $465 million to Tesla Motors for production of battery-electric vehicles.

By Paul Clinton


  1. 1. Alex Dublinski [ January 11, 2015 @ 12:02PM ]

    Define type of military grade aluminum? What type of aluminum alloy is it?


Comment On This Story

Comment: (Maximum 10000 characters)  
Leave this field empty:
* Please note that every comment is moderated.


Public Fleet Tracking And Telematics

Amin Amini from Verizon will answer your questions and challenges

View All

Recent Topics

What tool do you use to calculate residual value on heavy equipment? Thanks,

View Topic

I am in the early stages of creating a central fleet maintenance department. Would anyone be willing to share an org chart for their...

View Topic

Fleet Documents

974 Fleet Documents (and counting) to Download!

Sponsored by

In general, a lease, usually, but not always, with a fixed term, where the lessor assumes many of the risks of ownership, including depreciation, funding and defined levels of administration.

Read more

Fleet Incentives

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.

Lifecycle Costs Analyzer

Determine the actual cost of owning and running a vehicle in your fleet. Compare vehicles by class and model.