Alcoa has developed 95% all aerospace alloys ever created.

The visit comes on the heels of Alcoa's newest aviation breakthrough, third-generation aluminium lithium alloys that make planes lighter, corrosion resistant, and more cost effective to manufacture.

“It is a true honor that President Obama has chosen to visit Alcoa in Davenport, a great example of the high technical capabilities and innovation that makes US manufacturing strong,” said Alcoa Chairman and CEO Klaus Kleinfeld.

“We have more jobs in Davenport today than before the crisis as we capture growing global demand for innovative products. We welcome the opportunity to share with the President our American manufacturing success story,” Kleinfeld added.

Originally opened in 1948, Alcoa Davenport plant employs 2000 people, and is a focal point of the global aluminium industry, generating approximately 25% of its revenues through exports.

While at the Davenport, Iowa, facility, President Obama will see a range of technologies that Davenport provides - from armour to the defence market, lightweight solutions to the automtoive sector, and aluminum sheet for a wide-range of industrial uses.