Max Fisher

@Max_Fisher ↗

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Last Checked March 10, 2023

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Fri May 20 21:37:47 +0000 2022

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Max Fisher @Max_Fisher

Amid Putin's build-up to war with Ukraine, in late 2021, production soared at Arconic's plant. An internal presentation boasted that aerospace forgings at the plant had nearly doubled – a factory record. Still, Arconic stayed. — PolitiTweet.org

Posted May 20, 2022

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Max Fisher @Max_Fisher

In 2020, Moscow froze Arconic's ability to access its profits from Russia. Zeroed them out. This was likely intended to coerce the company into selling the plant to a Kremlin-linked oligarch, industry analysts told me. Still, Arconic held on. — PolitiTweet.org

Posted May 20, 2022

Followed By

Max Fisher @Max_Fisher

When Putin's invasion triggered sweeping sanctions, Arconic scrambled to keep the plant running. Because US/EU employees could not resupply it without potentially violating sanctions, this was shifted to China-based teams. The plant soon reported multiple production records. — PolitiTweet.org

Posted May 20, 2022