Alcoa announced today that it wll rebuild and enhance the forging press at its Cleveland plant. The company will put $110 million into the project.

“This could not have happened without the support of our employees, community leaders and leadership of United Auto Workers Local 1050,” said William F. Christopher, Alcoa executive vice president and president of Alcoa Engineered Products and Solutions. “When this project is completed, Cleveland Works will be the home of the most advanced, productive large forging presses in the world.”

State leaders applauded the news as well. Governor Ted Strickland stated:

“Ohio’s partnership with Alcoa is helping to keep good jobs in Cleveland and position Ohio as a strong competitor in the global aerospace industry,” Strickland said. “This investment will make the Cleveland Works facility a premier producer of aerospace and industrial components. I am grateful for the support from local leaders, including close collaboration from the United Auto Workers Local 1050, that has helped renew Alcoa’s commitment to Northeast Ohio.”