WASHINGTON — Arconic Inc., the metals manufacturing company created when Alcoa split into two companies in 2016, will move its corporate headquarters from New York City to Fairfax County, Virginia.
The relocation includes about 50 jobs.
Arconic hasn’t chosen a specific site for its headquarters move to Fairfax County and has not said when it will make the move.
Gov. Ralph Northam made the announcement Monday afternoon at the Tower Club in Tysons Corner.
Arconic will get a $750,000 grant from the Commonwealth’s Opportunity Fund as part of its decision to bring its headquarters to Fairfax County.
“Fairfax County is a world-class location for Arconic’s global headquarters,” said Arconic CEO Chip Blankenship. “We look forward to benefiting from the location’s proximity to customers, talent and transportation hubs.”
Arconic will be the tenth Fortune 500 company with headquarters in Fairfax County.
“Arconic’s decision to relocate its global headquarters to Fairfax County illustrates how the county’s economy is diversifying with new industries and attracting companies that recognize the value that this community offers for businesses and employees,” said Gerald Gordon, CEO of the Fairfax County Economic Development Authority, which worked with the Virginia Economic Development Partnership to bring Arconic to Fairfax County.
Alcoa split into two separate, publicly traded companies in late 2016. Arconic manufactures products for the defense, automotive and aerospace industries. Alcoa produces the aluminum and other soft metals Arconic and other manufacturers use.
