Arconic to Pause New Contracts in Russia, Arconic Foundation to Grant $300,000 to Support Humanitarian Efforts
Arconic Corp. (NYSE: ARNC) (Arconic or the Company) announced today that the Company will only conduct business in Russia that fulfills existing obligations in accordance with applicable laws, regulations and international rules.
- Arconic Corp. (NYSE: ARNC) (Arconic or the Company) announced today that the Company will only conduct business in Russia that fulfills existing obligations in accordance with applicable laws, regulations and international rules.
- The Company is pausing new contracts.
- The Companys top priority remains the safety and wellbeing of its employees.
- To help those directly impacted by this conflict, Arconic Foundation is granting $300,000 to support humanitarian relief organizations and is matching personal donations made by Arconic employees.