 In 1998, Thiokol changed its name to Cordant Technologies Inc.; by February 1999, Cordant owned 84.7% of Howmet.In 2000, Cordant sold its stake in Howmet Corp. to Alcoa, which put Howmet into its Alcoa Industrial Components unit.In 2004, Howmet was part of a merger that created Alcoa Investment Casting and Forged Products unit.