Max Fisher

@Max_Fisher ↗

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Last Checked March 10, 2023

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Fri May 20 21:41:58 +0000 2022

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Max Fisher @Max_Fisher

But Arconic was caught in rising geopolitical tensions. Western sanctions, and Russian restrictions on their business, narrowed their ability to operate. They began exploring options to sell the plant entirely. — PolitiTweet.org

Posted May 20, 2022

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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

Followed By

Max Fisher @Max_Fisher

Still, any buyer would need to meet the approval of U.S. regulators (including at the State and Defense Departments), not to mention the Kremlin – as well as a Kremlin-linked firm with which Arconic has a joint partnership at the plant. Selling remained hypothetical at best. — PolitiTweet.org

Posted May 20, 2022