Alcoa: Worldwide: News Releases

Alcoa Wheels Achieves Cradle to Cradle CertifiedCM Silver for Environmentally Safe Materials, Manufacturing Processes

2012-05-24

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its global line of wheel products is now Cradle to Cradle CertifiedCM at the Silver level. Alcoa wheels are the first products in the transportation industry to receive certification from the Cradle to Cradle CertifiedCM Program, recognizing Alcoa’s environmentally sound production processes and the infinitely recyclable nature of aluminum. The evaluation of Alcoa wheels was conducted by MBDC (McDonough Braungart Design Chemistry),

Alcoa Foundation Presents Sustainability Awards to Young Talent at Intel ISEF 2012 Special Awards Ceremony

2012-05-18

PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation announced six winners in two award categories, Sustainable Water Management and Sustainable Material Use, at the 2012 Intel International Science and Engineering Fair (Intel ISEF), held yesterday in Pittsburgh. Intel ISEF is the world’s largest pre-college science competition showcasing more than 1,500 leading young talent’s independent scientific research projects. The winning students will split $10,000 from Alcoa Foundation for their impressive in

Alcoa Leads Metals Sector in Fortune 500 Ranking; Moves Up in Overall Ranking

2012-05-17

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) led the Metals category of nine companies in the 2012 Fortune 500 ranking of the largest U.S. companies. It also rose to 115, up from 123 last year in the overall ranking of the largest corporations based on such metrics as revenues, profits and market value. "Concentration on profitable growth, disciplined execution and Alcoa’s advantage in talent and innovation has helped the company maintain its Fortune 500 ranking for 57 years," said Alcoa Chairman

Alcoa Groundbreaking Launches $90 million Aluminum Lithium Operation

2012-05-17

LAFAYETTE, Ind.--(BUSINESS WIRE)--Alcoa (NYSE:AA) celebrated the launch of construction of its greenfield state-of-the-art aluminum lithium facility at a groundbreaking event attended by Lafayette employees, and community and state partners. Adjacent to its existing plant, the $90 million, 115,000 square-foot expansion will produce more than 20,000 metric tons of aluminum lithium and be capable of casting round and rectangular ingot for rolled, extruded and forged applications. Introduced last y

Alcoa Brazil One of the Best Companies to Start a Career

2012-05-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) in Brazil was selected as one of the 30 best companies to start a career, according to Você S/A magazine, Brazil's leading human resources publication. As a top company, Alcoa is included as a "Business Champion" in Você's annual career guide. The guide is geared to young professionals just starting their careers to identify which are the best companies to join. Selection to the list involves completing a detailed survey on career development, work-life

Ron Barin Elected Alcoa Vice President and Officer of the Company

2012-05-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Ron Barin has been elected a Vice President and an officer of the company. He is also Chief Investment Officer, Pension Investments, overseeing the investment of $15 billion of assets for Alcoa's retirement benefits plans and the Alcoa Foundation. "Ron’s election as an officer of the company recognizes the important contributions he has made to support Alcoa’s success,” said Alcoa Chief Financial Officer Chuck McLane. “It also refle

Alcoa Among Top Ten Great Places to Work in Mexico

2012-05-10

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) operations in Monterrey, Mexico has been recognized by the Great Place to Work® Institute as one of the Top Ten Places to Work in Mexico in the Multinationals category. The facility — part of Alcoa Wheel and Transportation Products — placed #1 in the Northeast Region. In 2011, Alcoa Monterrey was #12 on the national list; this time it climbed to the 7th spot among the 900 companies that applied. For the first time, The Great Place to Work® Institute als

The Central Park Conservancy and Alcoa to Set a New Standard in Waste Removal

2012-05-09

NEW YORK--(BUSINESS WIRE)--The Central Park Conservancy, an internationally recognized leader in park management and restoration, has been awarded a $500,000 grant from Alcoa Foundation and an in-kind donation of aluminum valued at $140,000 from Alcoa (NYSE:AA) to design a sustainable waste management system, to increase recycling and make trash removal in the Park more efficient. The system is expected to set a new standard in how waste is handled in the world’s busiest urban parks. Waste manag

Alcoa Releases 2011 Sustainability Report

2012-05-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today published its 2011 Sustainability Report which details the company's global environmental, social and economic performance. It is the 11th year in a row Alcoa has produced the report. "Sustainability is not a catalog of processes, nor merely a philosophy at Alcoa," said Chairman and CEO Klaus Kleinfeld. "Rather, it is part of everything we do." Alcoa businesses use a Sustainability Scorecard to align sustainability targets with business strategy a

Alcoa Named One of China’s Top 100 Green Companies

2012-05-07

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named one of China’s Top 100 Green Companies by Green Company Magazine in its annual ranking of corporate sustainability practices. It is the second year in a row Alcoa has been recognized by the publication for environmental leadership. The ranking was initiated by Green Company Magazine, Chinese Entrepreneur Association and Daonong Center for Enterprise, a leading Chinese think tank on developing entrepreneurship. Alcoa was recognized for its

Alcoa Announces Dividend

2012-05-03

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable May 25, 2012 to shareholders of record at the close of business on May 14, 2012 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July 1, 2012 to shareholders of record at the close of business on June 8, 2012. About Alcoa Alcoa is the world’s leading producer of primary and fabricated aluminum, as

Alcoa Will Host Webcast of Annual Meeting of Shareholders

2012-04-30

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host a live webcast of its Annual Meeting of Shareholders on Friday, May 4, 2012, beginning at 9:30 a.m. (Eastern Time). Registration for the webcast is required. To register, go to www.alcoa.com/annualmeeting. The meeting will be webcast via Alcoa’s website at www.alcoa.com/annualmeeting with presentation materials available on-line. A replay of the webcast will be available by close of business on Friday, May 4 at this same website. About Alcoa A

Alcoa’s “Smog-Eating” Technology to Bolster Sustainability at New Electronics Recycling Hub in North Carolina

2012-04-24

BADIN, N.C.--(BUSINESS WIRE)--Today, Alcoa (NYSE: AA) unveiled one of the first commercial building installations of Reynobond® with EcoClean™, the architectural panel that cleans itself and the air around it, at the new Electronic Recyclers International (ERI) facility in Badin, N.C. The product is installed at ERI’s Southeast regional electronics recycling hub, which is expected to create up to 200 new jobs in central North Carolina. “Sustainability is at the core of Alcoa’s practices and prod

Alcoa Promotes Mike Barriere to Vice President, Human Resources; Jack Bergen Becomes Vice President, Corporate Projects

2012-04-23

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Mike Barriere has been promoted to Vice President, Human Resources effective May 1. He succeeds Jack Bergen, who will become Vice President, Corporate Projects. Barriere will also become a member of the Alcoa Executive Council, the senior leadership team that sets corporate strategic direction. Alcoa has 61,000 employees in 31 countries. "With a 20-year track record of success as an HR professional, Mike has the ideal experience and

Alcoa Named a Leader in Maplecroft Climate Innovation Indexes; Top Performer in Basic Materials Category

2012-04-23

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it was the top performer in the Basic Materials category and #2 in the overall ranking of 360 U.S. companies in the Maplecroft Climate Innovation Indexes (CII) Leaders Indexes compiled by risk analysis company Maplecroft. This is the third year in a row Alcoa was among the top five performers. The rating recognizes Alcoa as a leader in the innovation of clean-tech solutions and new products, the mitigation of climate change related risks

Alcoa Provides Aluminum Amah Tips to Austal for Littoral Combat Ship USS Jackson (LCS 6)

2012-04-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has delivered a set of two “ready for installation” aluminum Amah tips to Austal USA for use on the future Littoral Combat Ship USS Jackson (LCS 6). An Amah tip is the leading edge of the all-aluminum, trimaran-type vessel’s outrigger, or amah, and is more than seven feet across and weighs 850 pounds. The LCS 6 is currently being built for the U.S. Navy at Austal’s Mobile, Alabama shipyard. The one-piece design resulted from coll

Alcoa Appoints Max Laun Vice President and General Counsel; Announces Changes in Office of Corporate Secretary

2012-04-11

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Max Laun has been appointed Vice President and General Counsel for Alcoa. He was most recently Assistant General Counsel, Mergers and Acquisitions. Laun oversees day-to-day operations of Alcoa’s Legal activities worldwide and serves as head of the Legal Department’s Mergers and Acquisitions practice. In addition, the Company announced that Donna Dabney, Vice President and Corporate Secretary, will retire on August 1. "Max is the cle

Alcoa Names Audrey Strauss Chief Legal Officer

2012-04-11

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has named Audrey Strauss Chief Legal Officer, effective May 1. Strauss will also hold the titles of Chief Compliance Officer and Corporate Secretary. She succeeds Kurt Waldo, Executive Vice President and Chief Legal and Compliance Officer, who is retiring on August 1. Strauss will serve on the Alcoa Executive Council, the senior leadership group that sets strategic direction for the company. She is currently a senior Litigation Partne

Alcoa Earnings Rebound Over Prior Quarter on Higher Productivity, Improved Market Conditions

2012-04-10

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported income from continuing operations of $94 million, or $0.09 per share, in first quarter 2012, a $287 million improvement over fourth quarter 2011, led by strong productivity growth and improved market conditions. Excluding the impact of special items, income from continuing operations was $105 million, or $0.10 per share. Special items in first quarter 2012 included the negative impact of mark-to-market changes on certain energy contracts

Alcoa to Curtail Refining Capacity

2012-04-05

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that the Company will reduce its annual alumina production capacity by approximately 390,000 metric tons to align production with smelter curtailments Alcoa announced earlier this year and to reflect prevailing market conditions. The curtailments will reduce Alcoa’s refining capacity in the Atlantic region by about 4 percent and are already underway. The Atlantic region represents about 50 percent of Alcoa’s total global refining capaci

Alcoa to Host Webcast of First Quarter 2012 Results

2012-04-04

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Tuesday, April 10, 2012 beginning at 5:00 p.m. (Eastern Time) to discuss first quarter 2012 results and business developments. The conference call will be webcast live via Alcoa’s website, with presentation materials available on-line. Conference Call Information Time: 5:00 to 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Executive Vice President and Chief Financi

Alcoa Foundation Awards Grant for the National Society of Black Engineers to Support Summer Engineering Program for Minority Youth

2012-03-29

PITTSBURGH--(BUSINESS WIRE)--Alcoa Foundation awarded $25,000 to the 2012 Summer Engineering Experience for Kids (SEEK), a program developed by the National Society of Black Engineers (NSBE) in 2007. SEEK is designed to raise the interest of underrepresented minority students in science, technology, engineering and math (STEM) in grades K–12, as an important step towards careers in engineering. Alcoa Foundation’s grant will fund the SEEK program in Washington, D.C., and San Diego, California. “F

‘Alcoa Tweetup’ To Welcome National Society of Black Engineers

2012-03-28

PITTSBURGH--(BUSINESS WIRE)--When student members of the National Society of Black Engineers (NSBE) arrive for this week’s convention and career fair at the David L. Lawrence Convention Center in Pittsburgh, Alcoa (NYSE:AA) will invite them to “tweet” about their experiences. The Alcoa Corporate Center on the city’s North Shore will be the venue for the 'Alcoa Tweetup' this Thursday, March 29. Nearly 200 NSBE student members from Alcoa’s 18 Campus Partnership Program schools will partake in inte

Alcoa Announces Winners of 2011 Core Truckload & Ocean Carrier Awards

2012-03-21

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced the winners of its 2011 Core Carrier Truckload and the inaugural Ocean Carrier programs recently in Knoxville. These programs recognize core carriers for their valuable service contributions to Alcoa's North American operations. “These awards are a commitment to our leading carriers that we take very seriously," said Tim Reyes, President of Alcoa Materials Management. "We want to recognize their exceptional performance by using criteri

Alcoa Receives Fred Rogers Good Neighbor Award for Workplace Volunteerism

2012-03-20

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) was recognized as a good neighbor by the United Way of Allegheny County for its commitment to workplace volunteerism with a Fred Rogers Good Neighbor Award. On what would have been Mr. Rogers' 84th birthday, the United Way of Allegheny County celebrates companies, agencies and volunteers who make an impact in our community. It is the second year of the Good Neighbor Award program and the second year that Alcoa has been honored as a community leader fo

Alcoa Fastening Systems Receives Prestigious Airbus Award

2012-03-20

TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) received a Bronze Award from Airbus for outstanding performance in its Supplier Quality Improvement Program. Based on selections of Airbus’ top tier suppliers, the award recognizes supplier improvement, quality, on-time delivery and sustainability performance. AFS provides Airbus with fasteners for all of their major programs including the A320, A330, A340, A350, A380 and A400M. “We are honored to receive this award from Airbus,” s

Alcoa Foundation Launches Global Engagement Program to Support Employee Wellness and Local Communities

2012-03-19

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) leadership from across the world, including Alcoa Chairman and CEO Klaus Kleinfeld, kicked off a new global employee engagement program in Pittsburgh yesterday and raised $17,000 for charity in the process. Called Alcoans in Motion, the program supports employees who join in group physical activities for charity. Kleinfeld and other senior leaders participated in a bowl-a-thon at Legacy Lanes in the South Hills, where winning teams selected charities

Eaglets Begin Hatching At Alcoa

2012-03-19

RIVERDALE, Iowa--(BUSINESS WIRE)--The hatching of three eggs in an eagle’s nest near the giant Alcoa (NYSE:AA) aluminum rolling mill in Iowa has started. Viewers from around the world are connecting to the Alcoa EagleCam to see if all three eggs in the nest hatch. This is the third year the parent eagles, named Liberty and Justice, have used the nest and the second year the Alcoa EagleCam has provided an opportunity to watch live. “Alcoa employees are always proud to see their material flying th

Alcoa Foundation Helps Score a Win for Sustainability at 2012 Super Bowl

2012-03-16

EVANSVILLE, Ind.--(BUSINESS WIRE)--A dedicated team has spent the weeks after last month’s Super Bowl tabulating the amount of materials recycled during the big game in Indianapolis – more than 144 tons, in fact. The Indiana Recycling Coalition (IRC), with financial support from the Alcoa Foundation, helped organize an effort to recycle materials at the Super Bowl and its numerous related events. The IRC worked closely with the 2012 Super Bowl Environmental Programs Committee to ensure that ther

Alcoa Kawneer Business Introduces Its New InLighten® Light Shelf – a Versatile Solution That Enhances Energy Savings

2012-03-14

NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa's Kawneer architectural aluminum business introduced its new InLighten® Light Shelf today. By using minimalist design principles, Kawneer has rewritten the energy saving value equation for its architectural light shelf. The design leverages minimal material content, sightlines, weight, installation and maintenance efforts, all while maximizing daylighting and design options at a competitive price. The ability to attach the minimal sightline light shelf to mu

Alcoa Foundation Helps U.S. Schools Identify More Than 20 Million Pounds of CO2 Savings

2012-03-14

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation and the Center for Climate and Energy Solutions (C2ES) announced today that six out of eight competing schools across Alcoa communities in Connecticut, Michigan, Texas, and Washington have won a total of $9,000 in grants after competing in a month-long educational energy conservation competition, ‘Make an Impact: Change Our 2morrow (CO2)’. Collectively, more than 9,000 participants committed to take actions in their daily lives that would save more tha

Alcoa's Innovation Advantage Presented to Top MBA Students

2012-03-08

NEW YORK--(BUSINESS WIRE)--“At Alcoa, we are taking sustainability to the next level,” Alcoa Executive Vice President and Chief Technology Officer Dr. Raymond Kilmer told business students at Columbia University in New York. “We are using waste products such as bauxite residue, a byproduct of the alumina production process, and finding beneficial uses for it like safely cleaning waste water. When you can take this technology to places like Saudi Arabia where water resources are limited, it’s a w

Alcoa Foundation Partners with Keep America Beautiful for Campus Recycling Competition

2012-03-08

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation is partnering with national nonprofit Keep America Beautiful and the College & University Recycling Coalition to provide a total of 20,000 recycling bins to colleges and universities during the RecycleMania competition. Alcoa Foundation’s recycling bin grant program is an effort to help schools boost their results during the 8-week competition, and expand their recycling efforts throughout the year. Based on strategic plans to collect the most recy

Alcoa Wins Navy Contract to Apply Advanced Manufacturing Techniques to Shipbuilding

2012-03-07

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that the U.S. Navy has awarded a $2.1 million contract to Alcoa to develop advanced welding techniques designed to reduce manufacturing costs on aluminum-intensive ships. Under the program, developed through a collaboration by Alcoa’s Government Affairs team and researchers at the Alcoa Technical Center in New Kensington, PA, Alcoa will adapt high-deposition gas metal arc welding technology to marine structures, enabling the Navy to redu

Alcoa and Ma’aden Continue Developing Capabilities of Ras al Khair Complex in Saudi Arabia: Underline Commitment to Develop Downstream Sectors

2012-03-06

NEW YORK & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Ma’aden today announced commencement of work to extend the product mix of their aluminum complex currently under construction at Ras Al Khair, Saudi Arabia. This latest milestone will enable the two companies to include capability for producing about 100,000 metric tons of a wide range of products suitable for further downstream manufacturing in the complex’s product lines. They include automotive heat-treated and non-heat-tre

Alcoa Congratulates Boeing on 1000th 777 Airplane

2012-03-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today congratulated the employees of Boeing on reaching an historic milestone in commercial aviation: the production of the 1000th Boeing 777 airplane. The Boeing 777 was launched in October 1990 with an order from United Airlines and since has become one of the most successful programs in aviation history. “We are proud to have been a part of the Boeing 777 program since its inception through to this historic moment… and beyond,” said Olivier Jarrault,

Alcoa, Governor Branstad Break Ground on Automotive Expansion in Davenport, Iowa

2012-03-02

RIVERDALE, Iowa--(BUSINESS WIRE)--Alcoa executives today joined Governor Terry Branstad, Lt. Governor Kim Reynolds, and other local and state officials to break ground on a $300 million expansion of its Davenport Works plant here to meet rising demand for aluminum from the automotive market. Car manufacturers have said they plan to grow aluminum use from 343 pounds per car today to 550 pounds by 2025 as they switch from steel to increase the fuel efficiency, safety, durability and performance of

Alcoa Named Most Admired Metals Company in the World

2012-03-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named the most admired metals company in the world in Fortune magazine’s annual ranking on corporate reputation. Alcoa shared the top ranking with ArcelorMittal, the European integrated steel and mining company. Alcoa also received top ranking in sustainability and innovation, testament to the Company’s ongoing leadership in two areas that are key to the success of Alcoa’s business, customers and communities. “It is extremely gratifying to see

Eric Roegner Appointed President, Alcoa Defense

2012-03-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced that Eric Roegner has been named President, Alcoa Defense, effective June 1, 2012, succeeding Dave Dobson, who will retire after successfully leading the business since 2007. Roegner will assume this responsibility in addition to his current role as President of Alcoa Forgings and Extrusions (AFE). In this expanded role, he will also oversee Alcoa’s defense market team to drive lighter and stronger material solutions for customer military pla

Alcoa and Alcoa Foundation Annual 2011 Giving Totals $38 Million

2012-02-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Alcoa Foundation announced combined community giving of $38 million in 2011, compared with $36.8 million in 2010. The annual giving results were released today in recognition of International Corporate Philanthropy Day, which celebrates business-community partnerships around the world. “International Corporate Philanthropy Day is an opportunity to reaffirm our commitment to a model of ‘shared value creation,’ where together with governments, busines

Alcoa and CPI Finalize Agreement to Establish Joint Venture Company to Produce High-End Fabricated Aluminum Products

2012-02-21

NEW YORK & BEIJING--(BUSINESS WIRE)--Alcoa (NYSE:AA) and China Power Investment Corporation (CPI) announced today they have finalized an agreement to establish a joint venture company to produce high-end fabricated aluminum products for the China market. Alcoa Chairman and CEO Klaus Kleinfeld and CPI President Lu Qizhou signed the agreement today in Beijing at the Great Hall of the People. Also attending the signing ceremony was U.S. ambassador to China Gary Locke. The new joint venture company,

Alcoa Joins A Billion + Change Campaign Mobilizing Companies to Increase Skills-Based Volunteerism

2012-02-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has joined A Billion + Change, a national campaign to mobilize billions of dollars in skills-based and pro bono volunteer services to help build the capacity of nonprofit organizations to meet community needs effectively. Alcoa committed to having 10 percent, or 100,000 of its employee volunteer hours, be skills-based volunteering. In 2011, Alcoa’s global workforce volunteered more than 900,000 hours, averaging more than 16 hours per employee. For 2012,

Alcoa's Kawneer Business and AIAS Select Design Competition Winners for “Crisis-Ready Stadium”

2012-02-14

NORCROSS, Ga. & WASHINGTON--(BUSINESS WIRE)--Alcoa's Kawneer aluminum architectural products business and The American Institute of Architecture Students (AIAS) announced today the winners of the “Crisis-Ready Stadium” national student design competition. Sponsored by Kawneer and administered by the AIAS, the competition challenged students to learn about building materials, specifically architectural aluminum building products and systems, in the design of a crisis-ready stadium, civic center o

Alcoa Celebrates the Redesign of Iconic Forging Press in Cleveland

2012-02-13

CLEVELAND--(BUSINESS WIRE)--Alcoa announced today the completion and restart of its redesigned 50,000-ton forging press at the company’s Cleveland Works. A $100 million dollar investment that Alcoa announced in 2009, the new press strengthens Alcoa’s position as the preeminent supplier of large aluminum, titanium, nickel and steel forgings to the aerospace, defense, energy and industrial markets. “Combining our advanced alloy and manufacturing process technology with our state-of-the-art 50,000

Aluminum is Ideal Choice for Naval Designs

2012-02-10

PITTSBURGH--(BUSINESS WIRE)--Modern aluminum alloys and their ability to provide strength, durability, protection and enhanced survivability – while at the same time offering less weight for increased speed, maneuverability and enhanced fuel efficiency -- makes the material an ideal choice in modern naval designs according to a paper by Alcoa Defense presented this week at the American Society of Naval Engineers (ASNE) show. Aluminum has been successfully used since its commercialization as a ma

Ma’aden Alcoa Aluminum Joint Venture Pours First Concrete for Middle East’s First Alumina Refinery at Ras al Khair

2012-02-03

RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--The Ma’aden Alcoa (NYSE: AA) aluminum joint venture today announced that it has poured the first concrete in the construction of the region’s first alumina refinery at the fully integrated aluminum complex at Ras Al Khair. Once complete, the refinery will initially produce 1.8 million metric tonnes of smelter-grade alumina per year. In another first within the Kingdom, the refinery will utilize a technologically advanced, engineered natural syste

Alcoa Shines Bright at Super Bowl XLVI

2012-02-02

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) will be at Super Bowl XLVI this Sunday in Indianapolis, Ind., in more ways than one. The award-winning Lucas Oil Stadium, host site of the Super Bowl football game, features several products made by Alcoa’s Kawneer architectural aluminum products business. Alcoa Foundation is also contributing to the big game by helping the City of Indianapolis “go-green” by encouraging football fans to recycle their aluminum beverage cans. Every visitor—including th

Alcoa Foundation President Paula Davis Elected Vice President of Alcoa

2012-02-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that the Alcoa Board of Directors has elected Paula Davis a vice president of the company. Davis has been President of the Alcoa Foundation since 2010. Founded more than 50 years ago, Alcoa Foundation is one of the largest corporate foundations in the United States, having invested more than $530 million since 1952. “Under Paula’s leadership, the Alcoa Foundation has significantly increased employee volunteerism at all levels and strengt

Alcoa Defense Congratulates Austal USA on Christening of 127-Meter All-Aluminum LCS Coronado

2012-01-26

WASHINGTON--(BUSINESS WIRE)--Alcoa Defense supplies Austal USA for the LCS -- one of the single largest uses of aluminum in the world.

Alcoa Expanding Aluminum Lithium Capabilities to Meet Growing Aerospace Demand for Its Industry-Leading Alloys

2012-01-25

NEW YORK--(BUSINESS WIRE)--Alcoa expands aluminum lithium capacity to meet growing aerospace demand for its newest leading edge alloys that make planes lighter, more fuel efficient and less expensive to produce, fly & maintain.

Alcoa Announces Dividend

2012-01-20

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2012 to shareholders of record at the close of business on February 3, 2012 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2012 to shareholders of record at the close of business on March 9, 2012. About AlcoaAlcoa is the world’s leading producer of primary and fabricated al

Sir Martin Sorrell Appointed to Alcoa’s Board of Directors

2012-01-18

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Board of Directors has appointed Sir Martin Sorrell, 66, a director of the company. Sorrell is founder and Chief Executive of WPP, the world’s largest advertising and marketing services group with 2,400 offices in 107 countries. Sorrell founded WPP in 1985 and, through acquisitions and strategic investments, the Group’s worldwide companies have grown to include some of the most well-known agencies in the communications services

Alcoa Receives Gold Certification from the Brazil GHG Protocol Program for Transparent Emissions Management

2012-01-13

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Brazilian operations has received Gold Certification from the Brazil Greenhouse Gas (GHG) Protocol Program for transparency in reporting and quantifying its emissions inventories in 2010. The certification was granted following an assessment by independent Brazilian auditor Vanzolini Foundation. Alcoa was one of the first companies in Brazil to participate in the GHG Protocol Program. “Receiving certification shows the efforts t

Alcoa Announces Fourth Quarter Loss on Charges Associated with Cutting High-Cost Smelting Capacity, Market Weakness

2012-01-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported a loss from continuing operations of $193 million, or $0.18 per share, in fourth quarter 2011 on restructuring charges associated with the closure and curtailment of high-cost production capacity, lower aluminum prices, and continued market weakness. Excluding the net negative impact of restructuring and other special items, the loss from continuing operations was $34 million, or $0.03 per share. The fourth quarter 2011 loss compares to i

Alcoa Plans to Curtail Smelters in Italy and Spain as part of Global Primary Restructuring

2012-01-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that the Company intends to curtail operations at three European aluminum smelters as part of a previously announced restructuring in its Global Primary Products business. The restructuring will reduce the Company’s global smelting capacity by 12 percent or 531,000 metric tons. Operations at Alcoa’s Portovesme, Italy, as well as La Coruña and Avilés, Spain, smelters are designated for curtailment, with the intended actions to be complet

Alcoa to Close or Curtail 531,000 Metric Tons of Smelting Capacity

2012-01-05

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that it intends to close or curtail approximately 531,000 metric tons, or 12 percent of its global smelting capacity, to lower the Company’s position on the global aluminum cost curve and improve Alcoa’s competitiveness. The Company will permanently close its smelter in Alcoa, Tennessee, which was curtailed in 2009, along with two of the six idled potlines at its Rockdale, Texas smelter. Together, these closures will reduce Alcoa’s glob

Alcoa to Host Webcast of Fourth Quarter and Full Year 2011 Results

2012-01-05

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Monday, January 9, 2012 beginning at 5:00 p.m. (Eastern Time) to discuss fourth quarter and full year 2011 results and business developments. The conference call will be webcast live via Alcoa’s website, with presentation materials available on-line. Conference Call Information Time: 5:00 to 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Executive Vice President and

Alcoa Names Sigurdsson President, European Region and Global Primary Products Europe

2011-12-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Tómas Már Sigurdsson, Managing Director Alcoa Fjardaál, is appointed President, European Region and Alcoa Global Primary Products (GPP) Europe effective January 1, 2012. Sigurdsson succeeds Marcos Ramos who has assumed new responsibilities as President of GPP in Latin America and the Caribbean. Sigurdsson’s successor will be announced at a later date. As European Regional President, Sigurdsson will be responsible for coordinating th

Davies Named President, Alcoa Global Business Services

2011-12-21

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Mark Davies has joined the company as President – Alcoa Global Business Services, responsible for implementing new Information Technology and shared services strategies and integrating them with procurement operations into a global organization capable of driving profitable growth for the Company. In this new role, Davies will be responsible for Alcoa’s Procurement, Shared Services, and Information Technology organizations. He will

Alcoa Fastening Systems Named 2010 Platinum Source Preferred Supplier

2011-12-20

TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) is proud to announce that its Sylmar Operations (Valley-Todeco) was recently honored by Northrop Grumman Corporation with a Platinum Source Preferred Supplier Award. It is the fourth consecutive year this location has received the award for its commitment to produce and deliver 100% conforming parts, on schedule, and with acceptable supporting shipping documentation. Alcoa Fastening Systems supplies fasteners and installation tools

Alcoa Foundation Honors Helmut Wieser With Grant to The Manufacturing Institute

2011-12-13

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation announced today that it is making a $200,000 grant to The Manufacturing Institute in honor of Helmut Wieser, who is retiring as President, Alcoa Global Rolled Products (GRP) in February 2012. Alcoa’s donation will help to deploy the National Association of Manufacturers (NAM)-Endorsed Manufacturing Skills Certification System at community colleges in California, Indiana, Iowa, Michigan, New York, Ohio, Pennsylvania, Tennessee, Texas and Washington to p

Alcoa Awarded Industrial Peace Prize by South Korea Province

2011-12-08

NEW YORK & SOUTH KOREA--(BUSINESS WIRE)--Alcoa (NYSE:AA) was awarded the Industrial Peace Prize for fostering harmonious union and company relationships in the Kyung Sam Namdo Province in South Korea. Alcoa operates Changwon Precision Extrusions (CPE), a producer of hard alloy extrusions, in Changwon City, South Korea. The Industrial Peace Prize is given to an employer that has achieved productivity improvements through a cooperative labor relationship and positive company culture. The award was

Alcoa Continues as a Top Achiever on Corporate Equality Index for Third Consecutive Year

2011-12-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is the only Mining and Metals company to achieve a top ranking in the 2012 Corporate Equality Index and Best Places to Work for LGBT Equality. This is the third year in a row Alcoa has received the top score of 100 from the Human Rights Campaign (HRC) Foundation, which evaluates American workplaces on lesbian, gay, bisexual and transgender equality (LGBT). The HRC Foundation is the educational segment of America’s largest civil r

Girl Scouts of the USA Announces its 100th Anniversary Take Action Project Girl Scouts Forever Green with $1.5 Million Lead Gift from Alcoa Foundation and Partnership Support from EPA

2011-12-06

NEW YORK--(BUSINESS WIRE)--Girl Scouts of the USA announced today that it is launching Girl Scouts Forever Green, its signature 100th year anniversary action project focused on waste reduction, energy conservation and rain gardens. Alcoa Foundation provided a two-year $1.5 million grant to expand the program globally to 20 countries. This grant will enable U.S. and international councils to work together and lead their families, schools and communities in improving the environment and protecting

Alcoa Announces Record Employee Volunteerism Rate

2011-12-05

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today a record 56 percent, or more than 31,000 employees, volunteered in their communities during the company’s annual Worldwide Month of Service held in October. The 14 percent increase over last year beats U.S. company- sponsored volunteer programs, which average between 17 and 31 percent, according to the Boston College Center for Corporate Citizenship. “Volunteers are a vital part of any community,” said Klaus Kleinfeld, Chairman and CEO,

Alcoa Participates in Better Buildings Roundtable at the White House

2011-12-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today participated in the White House Better Buildings Roundtable, contributing to the national dialogue on how public-private partnerships can advance the green building sector, drive innovation and stimulate economic growth. Glen Morrison, President, Alcoa Building and Construction Systems, took part in the Roundtable as part of the Company’s commitment to the Better Buildings, Better Plants Challenge, a U.S. Department of Energy initiative aimed at m

Alcoa Receives Outstanding Philanthropic Corporation Award in Washington State

2011-11-22

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been named the 2011 Outstanding Philanthropic Corporation of the Year by the Washington Chapter of the Association of Fundraising Professionals (AFPWA). The award recognizes significant contributions that Alcoa’s Intalco Works (Ferndale, WA) and Wenatchee Works (Malaga, WA) have made in their communities and in the state, and the company’s overall commitment to community well-being. AFPWA honors outstanding philanthropic reci

Alcoa Named Citizenship Award Honoree for Jamalco’s Mocho Greenhouse Farmer Training Program

2011-11-22

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) was named a 2011 honoree for the Citizenship Award, presented by the U.S. Chamber of Commerce Business Civic Leadership Center (BCLC) in the “Best International Ambassador” category. Honorees were recognized during the Center’s 12th Annual Corporate Citizenship Awards Gala held on November 17. Jamalco, Alcoa’s operations in Jamaica, was recognized for its Mocho Greenhouse Training Program sponsored by Alcoa and Alcoa Foundation. The program educates far

Alcoa Recognized as a Model of Sustainability in Brazil

2011-11-17

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) has been recognized as one of 21 model companies in Sustainability in Brazil by Exame, a well-known Brazilian business magazine, which publishes the country’s prestigious annual survey on corporate social responsibility. This is the sixth time Alcoa was recognized for its sustainability efforts by the publication, which included being named the “Sustainable Company of the Year” in 2010, based on the successful start up of Alcoa’s bauxite mining project

Alcoa, Embraer S.A. Sign Technology Sharing Agreement To Develop High-Performance Aircraft

2011-11-17

SAO PAULO, Brazil--(BUSINESS WIRE)--Embraer S.A. and Alcoa today announced they have signed a new technology sharing agreement that will utilize Alcoa's proprietary aluminum alloys, advanced design and manufacturing techniques, and its fastener technologies to support Embraer’s development of new high-performance metallic fuselage and wing solutions for its family of aircraft. Embraer S.A. is the world’s largest manufacturer of commercial jets up to 120 seats, and one of Brazil’s leading exporte

Alcoa Names Kelly Pasterick Director Investor Relations

2011-11-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced, effective December 1, Kelly Pasterick will become Director, Investor Relations, succeeding Roy Harvey, who was recently named chief financial officer of Global Primary Products. Pasterick is currently Manager, Corporate Treasury. In her new role, she will report to Alcoa Executive Vice President and Chief Financial Officer Charles McLane. In her present assignment, Pasterick executes capital market transactions, including Alcoa’s recent debt

Alcoa Names William F. Oplinger Chief Operating Officer, Global Primary Products

2011-11-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that William F. (Bill) Oplinger has been named Chief Operating Officer for Global Primary Products (GPP), effective December 1. The position has been vacant since Chris Ayers was named Executive Vice President and Global Primary Products President in May 2011. Oplinger has been Chief Financial Officer for GPP since August 2010. Oplinger will focus on day-to-day operations in Alcoa’s Primary businesses, including bauxite mining and refin

Kay Meggers Appointed President, Alcoa Global Rolled Products, Succeeding Helmut Wieser

2011-11-14

NEW YORK--(BUSINESS WIRE)--Alcoa announced today that Kay Meggers has been named President, Alcoa Global Rolled Products (GRP) effective November 14, succeeding Helmut Wieser, who has announced he will retire at the end of this year. Meggers is currently Vice President, Corporate Initiatives, responsible for planning and coordinating major strategic initiatives that cut across Alcoa’s businesses. “Kay’s experience has prepared him well to lead Global Rolled Products at this important phase of th

Special Delivery! Alcoa to Load Sleigh with Holiday EverGREEN: a Tree Made of Recycled Aluminum Cans

2011-11-11

--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA): WHAT: A group of Alcoa employees will trek along the North Shore riverfront to deliver a handmade, recyclable Christmas tree made from 756 recycled aluminum beverage cans to its neighbor, Carnegie Science Center. Who needs reindeer or the magic of Santa’s sleigh when you have Alcoa volunteers? The team will bring the six-foot-tall EverGREEN along the Riverfront Trail to its North Shore neighbor, Carnegie Science Center, where the sustainable aluminum can

Alcoa Foundation Partners With Veterans Organizations to Support Our National Heroes

2011-11-11

NEW YORK--(BUSINESS WIRE)--This Veterans Day, Alcoa Foundation is reaffirming its commitment to veterans. In 2011, Alcoa Foundation donated more than $375,000 in grants to organizations that provide veterans and their families with a variety of services such as career coaching and mentoring, room and board for hospital stays, meals and shelter, counseling for surviving family members and sports competitions. “We’re proud to support our veterans who have made enormous sacrifices to preserve the f

Alcoa Develops New All-Aluminum Design for New BYD Electric Bus

2011-11-10

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced it has developed a new all-aluminum space frame and bus design for BYD that has reduced the weight of the new BYD Electric Bus body by 40 percent, or nearly one ton, versus steel options. The first two BYD Electric Bus prototypes were launched this week in Changsha City, Hunan Province, China. In addition to reducing the weight of the bus body, Alcoa solutions including Alcoa forged wheels and Huck Spin® fasteners reduced the overall bu

Alcoa Holds Investor Day

2011-11-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) executives told investors today how the Company is powering value creation with twin growth engines: the miracle metal and innovation across the portfolio. At the Company’s Investor Day in Davenport, Iowa, executives demonstrated how the Company is meeting aggressive three-to-five-year strategic goals. Alcoa is lowering its cost position in the upstream businesses to capture increased value from growing aluminum demand, while driving profitable growth i

Alcoa Announces Additional Details for Investor Day

2011-11-08

NEW YORK--(BUSINESS WIRE)--As previously announced, Alcoa (NYSE:AA) will host an Investor Day event on Wednesday, November 9, at the Company’s Davenport, Iowa, facility. The event will be webcast live via Alcoa’s website with presentation materials available on-line. Alcoa Davenport Works is one of the most advanced manufacturing plants in the world, and site of the Company’s recently announced $300 million investment in automotive sheet production. At the event, Alcoa senior executives will pro

Alcoa & Alcoa Foundation Provide Recycling Tools to Help Americans Protect the Planet and Earn Cash in Recognition of America Recycles Day, November 15

2011-11-07

NEW YORK--(BUSINESS WIRE)--Recycling is not only good for the planet, but good for your wallet too. According to the Aluminum Association, Americans earn nearly $1 billion a year from recycling aluminum cans, yet nearly another $1 billion worth of aluminum cans are still tossed into landfills. As national sponsors of America Recycles Day on November 15, Alcoa and Alcoa Foundation are providing tools on its recycling website to make it easier for Americans to recycle. The website is loaded with i

Alcoa and the Government of Québec agree to New Development Program for Alcoa in Québec

2011-11-07

MONTRÉAL & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the Company has approved the next phase of a 5-year, $2.1 billion investment plan for its Baie-Comeau, Deschambault and Becancour smelters in Quebec. The plan will move the Quebec smelters down the aluminum cost curve by 13 percentage points and contribute to Alcoa’s goal of achieving an overall 10-point improvement. The plan will also increase production capacity by 120,000 metric tons per year and reduce greenhouse gas emiss

Alcoa Recognized as Corporate Champion by The Women’s Forum of New York

2011-11-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) was honored today by The Women’s Forum of New York as a Corporate Champion for having 30 percent of its Board of Directors composed of women. Alcoa was one of 52 companies in the tri-state area recognized at the organization’s Breakfast of Corporate Champions held this morning at the New York Stock Exchange. “Alcoa’s women Board members - Judy Gueron, Kathryn Fuller and Pat Russo - have greatly impacted Alcoa’s success,” said Alcoa Chairman and CEO Klau

Alcoa to Hold Investor Day

2011-10-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host an Investor Day event on Wednesday, November 9, at the Company’s Davenport, Iowa, facility. The event will be webcast live via Alcoa’s website with presentation materials available on-line. Alcoa Davenport Works is one of the most advanced manufacturing plants in the world, and site of the Company’s recently announced $300 million investment in automotive sheet production. At the event, Alcoa senior executives will provide an in-depth perspect

Alcoa to Explore Development of Smelter In Angola

2011-10-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that the Company has signed a memorandum of understanding (MOU) with the Government of Angola to explore development of a 750,000 mt per year aluminum smelter using power from hydroelectric facilities under consideration by the Government. Under the agreement, both sides will begin a series of feasibility studies to determine the viability of the project. The MOU provides for a 12-month exclusivity period to negotiate a power contract an

Alcoa Employees, City Year NY Corps and MS 424 Students Transform Lot into Urban Garden

2011-10-24

NEW YORK--(BUSINESS WIRE)--Every community needs beautiful green spaces and playgrounds for families and children to enjoy. And today Alcoa volunteers, City Year New York Corps members and the students of MS 424 gave an overgrown lot in Bedrock Park, Hunts Point in the Bronx a well-deserved make-over—transforming it into an urban garden for the community. More than 40 Alcoa volunteers including Alcoa Chairman and CEO Klaus Kleinfeld, created planter boxes and built concrete barbecue pits to prov

Alcoa Names Michael Pepper, President, Power and Propulsion, Engineered Products and Solutions Group

2011-10-21

INDEPENDENCE, Ohio--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that Michael A. Pepper was promoted to President, Alcoa Power and Propulsion (APP), a business within its Engineered Products and Solutions Group. “I am excited to welcome Michael to the EPS leadership team,” said Olivier Jarrault, President, Engineered Products & Solutions. “Over the years, he has built a reputation as an outstanding operating executive dedicated to performance, customer relationships, and superior result

Alcoa Realigns Latin America Organization to Drive Growth

2011-10-17

NEW YORK--(BUSINESS WIRE)--Alcoa today announced that two top executives will assume new responsibilities and it will create a Latin America & Caribbean (LA&C) regional headquarters to accelerate growth in the region. The executive changes will become effective Jan. 1, 2012. Franklin L. (Frank) Feder will become Regional Chief Executive Officer of Latin American & Caribbean and will lead the new LA&C headquarters, reporting to Alcoa Chairman and CEO Klaus Kleinfeld. Feder will ov

Alcoa and Ma’aden Complete Aluminum Project Financing Agreements

2011-10-16

NEW YORK & RIYADH, Saudi Arabia--(BUSINESS WIRE)--Alcoa (NYSE:AA) and The Saudi Arabian Mining Company, Ma’aden, today announced the signing of financing agreements by Ma’aden Bauxite and Alumina Company, the second phase of the US$10.8 billion Ma'aden Alcoa fully integrated aluminum joint venture. The agreements consisting of conventional and Islamic allocations totaling $991.5 million were signed with 13 local and international banks including National Commercial Bank, Riyadh Bank, Saudi Frenc

Alcoa Defense To Supply ArmX Aluminum Armor Kits To Oshkosh For HEMTT

2011-10-12

WASHINGTON--(BUSINESS WIRE)--Alcoa announced today that it will supply ArmX aluminum armor kits to Oshkosh Defense for the Heavy Expanded Mobility Tactical Truck (HEMTT) A4. The c-kit armor provides blast protection for the underside of the vehicle. The announcement was made today at the AUSA show in Washington, DC. “We are excited about partnering with Oshkosh to provide kitted ArmX assemblies, which provide excellent blast protection against improvised explosive device (IED) threats,” said Alc

Alcoa Third Quarter Revenue, Earnings Higher Than Year-Ago Quarter, Down Sequentially on Lower Prices and European Market Weakness

2011-10-11

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported increased third quarter revenue and earnings compared to the year-ago quarter, but lower results sequentially, primarily due to lower metal prices, seasonal factors and weakness in Europe. Income from continuing operations was $172 million, or $0.15 per share, in third quarter 2011, compared to $61 million, or $0.06 per share, in third quarter 2010 and $326 million, or $0.28 per share, in second quarter 2011. “Aluminum prices fell in the

Alcoa Main Partner in New Center for Sustainable Development in Montreal

2011-10-06

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its Canadian Global Primary Products Operations has made one of the most substantial financial contributions in its history, a partnership agreement totaling $3 million over five years with the new Centre for Sustainable Development. The 6,000 square-meter, (65,000 square feet), five-story building, located in the heart of Montreal’s entertainment district and targeting Platinum LEED (Leadership in Energy and Environmental Design)

Alcoa to Welcome Joe Cahn, the Commissioner of Tailgating and Champion of Recycling, With Steelers Pep Rally October 7

2011-10-06

--(BUSINESS WIRE)--Alcoa (NYSE:AA): WHAT: The Can Crusade, stressing the importance of recycling aluminum cans, is passing through the heart of Steelers Nation and making a stop at the Alcoa Corporate Center on the North Shore. Joe Cahn, self-proclaimed Commissioner of Tailgating, will participate in an Alcoa employee pep rally as part of his nationwide awareness campaign to remind people that using aluminum cans when tailgating is the smartest choice. WHEN: Friday, October 7 between 12 noon a

Alcoa Foundation Honors Mohammad Zaidi with $25,000 Grant to Support the National Research Council

2011-10-05

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation announced today that it has honored retired Alcoa Executive Vice President and Chief Technology Officer Dr. Mohammad A. Zaidi with a $25,000 grant to The National Research Council. The funds will bolster dissemination and outreach efforts for the Council’s America's Energy Future suite of reports and will help ensure that research-based sustainable strategies and technologies are a focus of future energy policies. Dr. Zaidi retired recently from Alcoa

Alcoa to Host Webcast of Third Quarter 2011 Results

2011-10-04

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Tuesday, October 11, 2011 beginning at 5:00 p.m. (Eastern Time) to discuss third quarter 2011 results and business developments. The conference call will be webcast live via Alcoa’s website, with presentation materials available on-line. Conference Call Information Time: 5:00 to 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Executive Vice President and Chief Finan

Alcoa Announces Dividend

2011-09-30

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable November 25, 2011 to shareholders of record at the close of business on November 4, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2012 to shareholders of record at the close of business on December 9, 2011. About AlcoaAlcoa is the world’s leading producer of primary and fabricat

Alcoa Employees Prepare to Volunteer During October for Worldwide Month of Service

2011-09-30

NEW YORK--(BUSINESS WIRE)--In October, Alcoa’s global workforce will participate in more than 650 service projects across 24 countries through its sixth annual Worldwide Month of Service initiative that mobilizes employees to make a difference in their local communities. Alcoa employees, retirees, families and friends will plant trees, beautify parks and schools, prepare meals for the underserved, donate blood and encourage literacy. To bolster the impact of the company’s volunteer service, 11 A

Alcoa and Becema Introduce New Aluminum Solution for Commercial Transportation Market in Russia

2011-09-22

NEW YORK--(BUSINESS WIRE)--Alcoa and Becema, a leading Russian producer of tanks and semi-trailers, have launched a new lightweight aluminum cement hauler for the Russian market using Alcoa’s new advanced aluminum sheet alloy 1565M. The eco-friendly aluminum trailers were launched during a customer event at Becema’s Krasnogorsk, Russia, plant this week. “By using Alcoa’s new advanced sheet alloy, the weight of the tank body has been reduced by 25-30 percent over base aluminum alloys. The weight

Alcoa and Alcoa Foundation Announce Commitments at 2011 Clinton Global Initiative Annual Meeting

2011-09-21

NEW YORK--(BUSINESS WIRE)--Alcoa and Alcoa Foundation announced two commitments to prepare U.S. workers for manufacturing jobs and to increase the energy efficiency of its operations today at the 2011 Clinton Global Initiative Annual Meeting, a convening of global leaders founded by President Bill Clinton. The first commitment is a $200,000 Alcoa Foundation investment to fund eight training programs in California, Ohio, Pennsylvania, Tennessee and Texas that will prepare almost 900 adults for cu

Alcoa Reorganizes Midstream Businesses Around Five Key Markets to Accelerate Growth

2011-09-21

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that it plans to accelerate growth in its midstream Global Rolled Products businesses by shifting away from a regional, asset-based structure to a market-based structure, effective immediately. “We have seen very good growth in our midstream businesses, but we believe even better returns are possible by changing from a regional approach to a market approach,” said Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer. Helmut Wiese

Alcoa Named to Carbon Performance and Carbon Disclosure Leadership Indexes

2011-09-20

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it has been recognized by the Carbon Disclosure Project (CDP) for reducing emissions and mitigating the risks of climate change as well as for its approach to the disclosure of climate change information. CDP featured Alcoa on both its Carbon Performance Leadership Index and the Carbon Disclosure Leadership Index. The CDP represents 551 institutional investors with $71 trillion in assets. The Carbon Performance Leadership Index is c

Alcoa Names 2011 Top North American Scrap Aluminum Suppliers

2011-09-19

ALCOA, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced its Top Ten North American Scrap Aluminum Suppliers as well as the “Most Improved” Supplier for 2011. This marks the seventh consecutive year that Alcoa’s scrap aluminum purchasing group has compiled the Top Ten list. The key criteria include safety, quality, volume, sustainability and environmental compliance and delivery performance. “This program has been a vital component of our plan to sustain and grow the flow of scrap aluminu

Alcoa to Invest Approximately $300 Million in Davenport, Iowa Plant, Add 150 Jobs as Automotive Demand Rises for Light, Strong, and Recyclable Aluminum

2011-09-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it will expand its Davenport, Iowa rolled products plant to meet rising demand from the automotive market. More and more automotive original equipment manufacturers (OEMs) are switching from steel to aluminum products from Alcoa as they seek to increase the fuel efficiency, safety, durability and performance of the cars they produce. The expansion, which will entail an investment of approximately $300 million, will take the world’s forem

Alcoa Kawneer Wins Crystal Achievement Award for Most Innovative Curtain Wall Product

2011-09-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced that its Kawneer architectural aluminum products and systems business has been named the winner of Glass Magazine’s 2011 “Most Innovative Curtain Wall Product” Crystal Achievement Award for its Clearwall™ Curtain Wall. This is the fifth time Kawneer has been recognized with a Crystal Achievement Award. Designed to honor innovation in the commercial, retail and fabrication markets, the Crystal Achievement Award recognize significant accomplish

Alcoa Earns a Spot on 2011 InformationWeek 500 List of Top Technology Innovators

2011-09-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it has earned a spot on the 2011 InformationWeek 500, an annual listing of the nation’s most innovative users of business technology. Alcoa was recognized for innovative use of IT business analytics that helped the company achieve cost reductions during the economic downturn in 2009, and for designing a new suite of mobile equipment for executive management that resulted in productivity increases with very little incremental cost ov

Alcoa, CPI Announce Letter of Intent to Develop Joint Venture Producing High End Aluminum Products

2011-09-14

BEIJING, China--(BUSINESS WIRE)--Alcoa (NYSE:AA) and the China Power Investment Corporation (CPI) have signed a Letter of Intent that marks an important step in the evolution of the two companies’ partnership, Alcoa announced today. The letter provides a framework for a completed joint venture, which will focus on producing high-end fabricated aluminum products in China and leverage Alcoa and CPI’s existing capabilities. The new joint venture’s world-class facilities will be well positioned to c

Alcoa Jamalco Reaches Bauxite Milestone Using Sustainable Transport System

2011-09-13

JAMAICA & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) Jamalco Operations, using a sustainable transport system, has reached a milestone: hauling 10 million tons of bauxite from its Mount Oliphant mine to the rail station, where it is loaded for shipping to the company’s Clarendon alumina refinery. The record was achieved in less than two years using a Rope Conveyor (RopeCon®) system, a 2.11 mile (3.4 kilometer) cable conveyor system that moves bauxite through mountainous terrain. Mount Oliphant

Alcoa Kawneer Products Featured on Award Winning Art Gallery of Alberta

2011-09-13

NEW YORK--(BUSINESS WIRE)--A range of architectural aluminum products from Alcoa’s (NYSE: AA) Kawneer business were used in the design and construction of the new Art Gallery of Alberta, Canada, recently recognized by Metal Architecture with the Grand Award in its 2011 Metal Architecture Design Awards. Kawneer curtain wall, entrances, skylight and framing systems are featured on the 84,000-square-foot building to help create the dramatic design that is now an “iconic structure.” To allow visitor

Alcoa Named to World and North American Dow Jones Sustainability Indexes

2011-09-08

NEW YORK--(BUSINESS WIRE)--For the tenth consecutive year, Alcoa (NYSE:AA) has been named to the Dow Jones Sustainability Indexes (DJSI), one of the most highly recognized and long-standing global sustainability indexes. Alcoa was named to both the World and the North American Indexes and was named the Industry Leader for the Aluminum Sector. The Dow Jones Sustainability World Index (DJSI World) comprises the leading companies in terms of sustainability around the world. It captures the top 10 p

Alcoa Ranks Among the 100 Best Companies to Work For in Brazil for 10 Consecutive Years

2011-08-31

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that its operations in Brazil was named one of the “100 Best Companies to Work For - Brazil” a recognition it has received for 10 consecutive years, according to a survey conducted by the Great Place to Work® Institute, published by Época magazine, from Editora Globo. Alcoa Brazil also figured prominently on the “Time on List” ranking for continuously making the list for 10 years, and it took 5th place in the “Companies that Promote People Mos

Alcoa Mosjøen ‘Fittest Company’ in Norway

2011-08-31

NEW YORK & MOSJǾEN--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that its Mosjøen location has been recognized as Norway’s ‘fittest company’ for 2011 in the large, private company category in an annual competition. Alcoa Mosjøen was awarded the title based on its ‘Alcoa in Shape’ program, which promotes employee health and community volunteerism. The ‘Norway’s fittest company’ competition runs from November 2010 until May 2011, and is sponsored by Dagens Næringsliv, one of Norway’s leading f

Alcoa Wins Top Honors for Cost-Effective, Energy-Saving Innovation in the Alumina Refining Process

2011-08-30

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its global refining research and development team, based at the Kwinana Refinery in Western Australia, has been awarded the inaugural AIRG Medal for ground-breaking technology that reduces the company’s energy use. The Medal recognizes outstanding technology management achievement in industrial research and implementation across Australasia and is presented by the Australasian Industrial Research Group (AIRG), the professional body

Glen Morrison, President of Alcoa Building and Construction Systems, Named Senior Fellow of the Design Futures Council

2011-08-29

NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Glen Morrison, President of Alcoa Building and Construction Systems, was named a Senior Fellow of the Design Futures Council (DFC) by the organization’s Board of Directors. The DFC is an interdisciplinary network of U.S. design, product and construction leaders looking to advance innovation and shape the future of the commercial building industry. The honorary distinction is awarded annually to outstanding individuals who have

Alcoa Celebrates 15th Anniversary of Alumar Environmental Park in Brazil: A Living Laboratory for Ecological Education

2011-08-24

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) is celebrating the 15th anniversary of the Alumar Environmental Park in São Luis, Brazil, located on the site of the Alumar complex, one of the world’s largest primary aluminum and alumina facilities. This ecological sanctuary, which covers 1,800 hectares (4,447 acres), is an example of Alcoa’s “Smelter in the Park” model of industrial and environmental harmony. Land traditionally used as a buffer zone around aluminum operations is turned into protected

Daniel Cruise, Vice President Government and Public Affairs, Promoted to Alcoa's Executive Council

2011-08-23

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that as a result of the increasing impact of the Government and Public Affairs function on Alcoa's business, Daniel Cruise will join Alcoa’s Executive Council, the Company’s senior leadership group that sets strategic direction, and report to Alcoa Chairman and CEO Klaus Kleinfeld. Mr. Cruise joined Alcoa in October 2009 and became an officer of the company in February 2011. “From New York State to Europe to China, Government Affairs has

Alcoa Kawneer and AIAS Challenge Students of Architecture and Design to Create a Stadium, Arena or Civic Center

2011-08-18

NEW YORK--(BUSINESS WIRE)--For the sixth consecutive year, The American Institute of Architecture Students (AIAS) and Alcoa’s (NYSE:AA) Kawneer Company, Inc. invite students of architecture and design to submit projects for the annual Student Design Competition. Sponsored by Kawneer and administered by AIAS, the 2011 competition will challenge students to design a stadium, civic center or arena while learning about building materials, specifically architectural aluminum building products and sys

Alcoa and Aluminum Play Major Role in New EPA/NHTSA Effort To Reduce GHG Emissions and Increase Fuel Efficiency

2011-08-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and the aluminum industry play a major role in the new effort to reduce GHG emissions and increase fuel efficiency for medium and heavy trucks and buses announced last week by the Environmental Protection Agency (EPA) and the National Highway Traffic Safety Administration. The first-of-their-kind fuel efficiency and emission standards are projected to save businesses that own and operate commercial vehicles approximately $50 billion in fuel costs over t

Ma’aden and Alcoa Mark Double Project Milestones

2011-08-10

RIYADH, Saudi Arabia--(BUSINESS WIRE)--Senior executives from Ma’aden and Alcoa (NYSE:AA) today joined project teams at Ras Al Khair in Saudi Arabia to commemorate two major landmarks in the construction of their $10.8 billion integrated aluminum joint venture. The day’s initial ceremony took place as the team poured first concrete for the project’s state-of-the-art-rolling mill. With an initial capacity of 380,000 tons per year, the rolling mill will be one of the most technically advanced in t

Alcoa Employees Join Expedition to Brazil and China as Earthwatch Fellows

2011-07-28

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation announced today that it will sponsor 25 employees from the Company’s operations in Australia, Brazil, Canada, China, Hungary, Iceland, Norway, Russia, Spain, Suriname and the United States on Earthwatch Institute expeditions to Brazil and China. The employees, who volunteered to become Earthwatch Fellows, will venture to Rio Cachoeira Natural Reserve in Paraná State, Brazil, and the Gutianshan National Nature Reserve in Zhejiang Province, China, to bec

Alcoa Announces Dividend

2011-07-22

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable August 25, 2011 to shareholders of record at the close of business on August 5, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable October 1, 2011 to shareholders of record at the close of business on September 9, 2011. About Alcoa Alcoa is the world’s leading producer of primary and fabricated

A Rhapsody in Reynobond®: Oberlin College’s New Jazz Building Clad in Alcoa Architectural Aluminum Panels

2011-07-21

NEW YORK--(BUSINESS WIRE)--The Bertram and Judith Kohl Building, a virtual rhapsody in Alcoa’s Reynobond aluminum composite material (ACM), has applied to become the first Leadership in Energy and Environmental Design (LEED) Gold certified music conservatory in the U.S. The $24 million, three-story, 37,000-square-foot structure is the new home for the Jazz Studies Program at the Oberlin Conservatory of Music in Oberlin, Ohio. It is composed of three basic elements: an aluminum exterior, which wr

Alcoa Foundation Elects Four New Board Members

2011-07-21

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation, one of the largest corporate foundations in the U.S., announced today that it has elected four new members to its board of directors. Raymond B. Mitchell, Vice President, Alcoa and President, Alcoa Power and Propulsion Tim D. Myers, President, Alcoa Wheel and Transportation Products William J. O'Rourke, Vice President, Alcoa, Sustainability and Environment, Health and Safety Shannon Parks, Project Leader, Alcoa, Environmental Science and Sustainable T

Environmental Performance Enhanced at Alcoa’s San Ciprian, Spain, Alumina Refinery

2011-07-14

NEW YORK--(BUSINESS WIRE)--Alcoa’s (NYSE:AA) San Ciprian, Spain, facility is improving the energy efficiency and environmental performance of its alumina refinery by switching from fuel oil to natural gas. This week, Alcoa Europe Vice President José Ramón Camino and Regional Minister of Economics and Industry Javier Guerra were on site during the installation of the first liquefied natural gas (LNG) storage tanks at the San Ciprian alumina complex. The move to natural gas is the result of a join

Alcoa Foundation Honors Pittsburgh Native Bill O'Rourke with $50,000 Donation to Duquesne University

2011-07-13

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation has announced a $50,000 grant to Duquesne University’s MBA Sustainability program to establish the Bill O’Rourke Alcoa Corporate Sustainability Fellowship. The fellowship honors O’Rourke, Vice President, Sustainability, Environment, Health and Safety, who will retire from the company on August 31. O’Rourke will continue to serve on the Alcoa Foundation Board of Directors. O’Rourke joined Alcoa in 1975, shortly after he graduated from the Duquesne Unive

Alcoa Employees Volunteer More Than 25,000 Hours to Green Communities Worldwide

2011-07-12

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation today announced that in just two months Alcoa (NYSE: AA) employees contributed more than 25,000 hours of their time, the equivalent of three years, to volunteer in communities around the world. Community service projects took place during the Foundation’s Green Works initiative created to support environmental projects and celebrate eco-holidays like Earth Day, World Environment Day and Arbor Day. Through more than 135 events across 20 countries, more

Alcoa Named One of Brazil’s Most Sustainable Companies

2011-07-12

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) in Brazil was ranked as the most sustainable company in the Metals sector and 11th overall of 100 companies considered in a study by major business media in Brazil. The list will be published in the August issue of the Brazilian national news magazine Imprensa. The annual “Most Sustainable Companies According to the Media” survey is based on an analysis of companies’ communication about sustainability published in eight major Brazilian media outlets du

Alcoa Second Quarter Income from Continuing Operations Jumps 138 Percent, Revenue Rises 27 Percent over Year-Ago Quarter

2011-07-11

NEW YORK--(BUSINESS WIRE)--Alcoa’s (NYSE: AA) second quarter 2011 income from continuing operations jumped 138 percent compared to a year ago on growing revenue, record quarterly alumina revenue and record mid- and down-stream performance, the Company announced today. Income from continuing operations was $326 million for second quarter 2011, or $0.28 per share. Excluding the negative impact for special items of $38 million, income from continuing operations was $364 million, or $0.32 per share.

Alcoa to Host Webcast of Second Quarter 2011 Results

2011-07-05

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Monday, July 11, 2011 beginning at 5:00 p.m. (Eastern Time) to discuss second quarter 2011 results and business developments. The conference call will be webcast live via Alcoa’s website, with presentation materials available on-line. Conference Call Information Time: 5:00 to 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Executive Vice President and Chief Financia

Alcoa Announces “Green” Expansion at B&C Research

2011-07-01

BARBERTON, Ohio--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it will install an advanced recycling and casting process that will reduce energy consumption and greenhouse gas emissions as part of a $21 million expansion of B&C Research, part of the company’s Wheel and Transportation Products business. The Alcoa investment will create 30 full-time jobs and help protect more than 350 existing positions. The new 35,000-square-foot facility, the first of its kind in North America, will use i

Alcoa Partners with the Global Reporting Initiative to Develop the Next Generation of Sustainability Reporting Guidelines

2011-07-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) is partnering with the Global Reporting Initiative (GRI) to develop the next generation of corporate sustainability reporting guidelines that will shape the way corporations around the world define, deliver and measure their sustainability performance. The GRI Guidelines, initially launched in 1999, are part of the world’s most widely used sustainability reporting framework. Through this new partnership, Alcoa will serve as a participant and sponsor of

President Obama’s Visit Showcases Alcoa’s Advanced Manufacturing Capabilities

2011-06-28

BETTENDORF, Iowa--(BUSINESS WIRE)--Alcoa showcased the advanced manufacturing capabilities of its Davenport, Iowa, plant today, during a tour by U.S. President Barack Obama. President Obama also announced that Alcoa was joining the President’s Advanced Manufacturing Partnership. Davenport is the manufacturing hub of Alcoa’s $3 billion aerospace business and the world’s premier aerospace supply plant, producing high-tech products for all major aircraft, including Airbus' A380, the world’s largest

Alcoa Awarded Multi-Year Contract to Supply Leading Aluminum Solutions to Airbus

2011-06-24

LE BOURGET, France--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has been awarded a new multi-year supply agreement with Airbus for aluminum sheet and plate products utilizing Alcoa’s current and advanced-generation aluminum alloys. The agreement was reached this week at the Paris Air Show by executives of both companies. Terms were not disclosed, but the agreement has a value of approximately US$1.0 billion over its life. Alcoa’s leading aluminum solutions will be used across virtually a

Alcoa’s Leadership in Energy Efficiency Recognized by Hydro-Quebec

2011-06-23

MONTRÉAL & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its three aluminum smelters in Quebec, Canada, have been recognized by Hydro-Quebec for their energy efficiency, and are members of the power company’s select Energy Savers’ Circle network. Alcoa’s Deschambault smelter was just raised to Elite status, having been a member of the Energy Savers’ Circle since 2008, and the Baie-Comeau smelter was newly inducted into the Circle. Last year, the Bécancour plant was named an El

President Obama to Visit Alcoa’s Davenport, Iowa, Plant

2011-06-23

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that U.S. President Barack Obama will tour its Davenport, Iowa, facility, one of the most advanced manufacturing plants in the world, on Tuesday June 28. Originally opened in 1948, the plant employs 2,000 people, and is a focal point of the global aluminum industry, generating approximately 25 percent of its revenues through exports. Davenport is the manufacturing hub of Alcoa’s $3 billion aerospace business and the world’s premier aeros

Alcoa Foundation Announces 14th Class of Teacher Scholars

2011-06-22

NEW YORK--(BUSINESS WIRE)--Ever wonder what teachers do when their students are on summer vacation? For the 14th year, Alcoa Foundation is sponsoring 30 teachers from 15 of its communities across the country to attend the nationally accredited, teacher professional development Key Issues Institute in Silverthorne, Colo., through a partnership with The Keystone Center. The Foundation has doubled the number of participants this year, enabling 15 more teachers to spend one week of their summer brea

Alcoa and Alcoa Foundation Conclude Green Works with Increased Global Commitment to Plant Trees and Support Environmental Projects

2011-06-21

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation marked the end of its two-month Green Works employee volunteer environmental service program today by increasing its support to the Friends of Vatnajökull National Park in Iceland and American Forests’ Global ReLeaf, two organizations committed to environmental replenishment. Alcoa (NYSE: AA) leaders and employees concluded the Green Works program in Iceland by planting 125 trees in Reydarfjordur, where the Alcoa Fjardaál smelter is located. Following

Institute for Civic Leadership Selects 50 Future Sustainability Leaders Through the Alcoa Global Service Leaders Scholarship Program

2011-06-20

NEW YORK--(BUSINESS WIRE)--For many students, summer is a time to go to the beach, visit amusement parks and enjoy nature. For the winners of the Alcoa Global Service Leaders Scholarship, it will also be an intense adventure in sustainability leadership. The Institute for Civic Leadership (ICL) announced today that 50 students from around the world, ages 15 to 18, received scholarships from Alcoa Foundation to study and learn about leadership and service at Dwight International School (DIS) in V

Alcoa’s Kunshan, China, Plant Recognized for Environment, Health & Safety Achievements

2011-06-20

NEW YORK & KUNSHAN, China--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its Kunshan, China, plant was named an “Environment, Health & Safety Example Company” by the Kunshan Huaqiao Economic Development Zone for its continuous focus on safety performance. Kunshan was recognized for its safety management program, investment in safety-related systems, safety training and continual communication with the government on safety requirements and activities. “We are proud that the local gov

Alcoa and Spirit AeroSystems Show the Future of Next Generation Jetliner Production is Now with an Advanced Aluminum Fuselage Panel at the Paris Air Show

2011-06-19

NEW YORK & PARIS--(BUSINESS WIRE)--Alcoa and Spirit AeroSystems will debut for the aerospace industry a revolutionary fuselage panel at the 2011 Paris Air Show to highlight the promise of new aluminum-based production solutions for commercial airliners that are dramatically lighter, lower-cost and have lower production risks than composite-intensive aircraft. And importantly, which can be built using existing industry infrastructure. This full-sized panel was produced with Alcoa’s third-generati

Alcoa, RUSNANO and Holding IDGC Sign Memorandum of Intent to Produce Nano-coatings for Power Transmission Grids

2011-06-18

ST. PETERSBURG, Russia & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA), OJSC RUSNANO and JSC Holding Inter-regional Distribution Grid Companies (JSC Holding IDGC) signed today a Memorandum of Intent to establish a joint venture for the development and production of nano-coatings. The memorandum was signed at the St. Petersburg International Economic Forum by OJSC RUSNANO Chief Executive Officer Anatoly Chubais, Alcoa Chairman and CEO Klaus Kleinfeld, and JSC Holding IDGC Deputy Director General an

Kay Meggers Elected Vice President of Alcoa

2011-06-17

NEW YORK--(BUSINESS WIRE)--Alcoa announced today that Kay Meggers has been elected a Vice President of the Company by Alcoa’s Board of Directors. Meggers joined Alcoa in 2010 as Vice President, Corporate Initiatives, responsible for planning and coordinating major strategic initiatives that cut across multiple businesses, regions and resource units. He leads the Business Excellence/Corporate Strategy resource unit, composed of the Growth and Market Strategy, Quality and Business Excellence teams

Alcoa and VSMPO-AVISMA Sign Memorandum of Understanding for Technical and Commercial Collaboration

2011-06-17

ST. PETERSBURG, Russia & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and VSMPO-AVISMA Corporation, the world’s largest titanium producer, announced today they have signed a Memorandum of Understanding (MoU) to cooperate in the design and production of innovative light alloy die forgings and extrusions for the commercial transportation market, including solutions for light-weight rail car production. “Alcoa and VSMPO-AVISMA are both world leaders in the development of advanced technologies, and by

Alcoa Re-aligns China Strategy to Support Expanding Footprint in Fast-Growing Market

2011-06-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that effective July 1, the Company’s Asia-Pacific regional headquarters will report to Alcoa’s Business Excellence and Corporate Strategy organization, part of an initiative to support the expanding footprint of Alcoa’s three business groups in the fast-growing and strategically important Chinese market. As part of this initiative, Jinya Chen, Asia-Pacific Regional President, was elected a Vice President of Alcoa by the Company’s Board o

Alcoa Foundation Launches $4 Million Environmental Research Initiative in Partnership with 15 Universities and NGOs

2011-06-15

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation today launched a two-year, $4 million initiative that funds 10 global sustainability research projects. The initiative, “Advancing Sustainability Research: Innovative Partnerships for Actionable Solutions,” will find answers to environmental issues that impact the quality of life and well-being of communities globally. Researchers from 15 leading universities and nongovernmental organizations will investigate issues in natural resource management, mate

Alcoa Kawneer to Tower over London’s Olympic Park

2011-06-13

NEW YORK--(BUSINESS WIRE)--Alcoa announced today that architectural aluminum products from its Kawneer UK business will be used on the Halo Tower in London, that, when finished, will be one of the tallest residential buildings in London, offering panoramic views of the City and Olympic Park. Kawneer’s AA®201 unitized curtain walling is currently being installed on the 4th to the 43rd floor of the Halo Tower, and Kawneer’s traditional AA®110 curtain walling will be featured on the ground to third

Alcoa Develops Breakthrough Technologies That Lower Cost, Weight and Production Risk of New Airplanes

2011-06-09

NEW YORK & PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has developed a completely new set of aluminum-based solutions for the aerospace market that will allow airframers to build dramatically lighter and lower-cost short-range airplanes at significantly lower production risk than composite-intensive planes. The new solutions, which combine new alloys and advanced structural technologies, use Alcoa sheet, plate, forgings and hard alloy extrusion products across aircraft struct

Alcoa to Host Press Briefing to Discuss New Breakthrough Technologies That Lower the Cost, Weight and Production Risk of New Airplanes

2011-06-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a press briefing on Thursday, June 9, 2011 beginning at 11:00 a.m. (Eastern Time) to discuss new breakthrough technologies that lower the cost, weight and production risk of new airplanes. Alcoa will introduce the new technologies June 9 and will display them at the Paris Air Show later this month. To participate in the teleconference – which is open only to the media -- please telephone (800) 230-1074 (U.S. and Canada) or (612) 288-0329 (Inte

Chris L. Ayers Named President, Alcoa Global Primary Products

2011-05-18

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Chris L. Ayers has been named President of Alcoa’s Global Primary Products (GPP) business, effective May 18, 2011. Ayers, previously Chief Operating Officer of GPP, succeeds John Thuestad, who will be handling special projects for the Company. Ayers joined Alcoa in February 2010 as Chief Operating Officer of Alcoa Cast, Forged and Extruded Products, a new position. He was elected a Vice President of Alcoa in April 2010 and Executive

Alcoa, CDB Announce Memorandum of Understanding to Support Aluminum Projects

2011-05-13

BEIJING, China--(BUSINESS WIRE)--Alcoa and the China Development Bank (CDB) announced today that they have signed a Memorandum of Understanding to collaborate on an array of aluminum and related projects both in China and abroad, focusing on Alcoa partnering with Chinese companies on global expansion projects and developing China’s domestic aluminum industry. The agreement was signed in Beijing by Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld and CDB Governor Jiang Chaoliang. “This

Alcoa Announces Expiration and Final Results of its Tender Offers for 5.375% Notes due 2013 and 6.00% Notes due 2013

2011-05-13

NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) announced today the expiration and final results of its Any and All Tender Offer, which is its tender offer to purchase for cash any and all of its 5.375% Notes due 2013, and its Maximum Tender Offer, which is its tender offer to purchase up to $400 million in cash (the Maximum Purchase Sublimit) of its 6.00% Notes due 2013. As of 5 p.m., Eastern time, on May 12, 2011, the expiration date for the tender offers: 1) the aggregate principal amount of

Alcoa, CCIEE Announce Memorandum of Understanding to Increase Global Cooperation

2011-05-12

BEIJING, China--(BUSINESS WIRE)--Alcoa (NYSE:AA) and the China Center for International Economic Exchange (CCIEE) announced today that they will collaborate on a number of substantive issues ranging from economic development to environmental protection. This is the first such agreement between CCIEE and a Western corporation. The agreement was signed in Beijing by Alcoa Chairman and Chief Executive Officer Klaus Kleinfeld and CCIEE Secretary General Wei Jianguo. “This is an important step in bil

Alcoa Beats Carbon Reduction Target

2011-05-11

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has significantly reduced its carbon footprint, exceeding its 2020 goal, and was the first company to receive silver-level Cradle to Cradle® Certification for primary aluminum. The results were released with the publication of Alcoa’s 2010 Sustainability Report, which examines the Company’s progress on the sustainability of its products, resources and operations. “At Alcoa, we take a long-term approach to sustainability,” said Ke

Alcoa Unveils Revolutionary Sustainable Solution for Commercial Buildings

2011-05-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today launched Reynobond® with EcoClean™, the first coil-coated architectural panel that helps clean itself and the air around it. This game-changing product was created by merging breakthrough innovations in science and design from Alcoa and Japanese manufacturer TOTO®. Reynobond with EcoClean is an economically viable self-cleaning technology that reduces maintenance costs and helps with the decomposition of smog and other pollutants, from dirt to di

Global Trends Driving Increased Aluminum Demand

2011-05-06

PITTSBURGH--(BUSINESS WIRE)--The world is undergoing fundamental shifts that will shape the next 50 years -- trends that will increase demand for aluminum and products made by Alcoa, Company Chairman and CEO Klaus Kleinfeld told investors at Alcoa’s 123rd Annual Meeting of Shareholders, held today in Pittsburgh. Kleinfeld also reported that the company’s joint venture in Saudi Arabia is on schedule, and he paid tribute to retiring director Joseph T. Gorman, a member of the Alcoa board since 1991

Alcoa Announces Dividend

2011-05-05

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 3 cents per share payable May 25, 2011 to shareholders of record at the close of business on May 16, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July 1, 2011 to shareholders of record at the close of business on June 10, 2011. About Alcoa Alcoa (NYSE:AA) is the world’s leading producer of primary and fabricated aluminum, a

Alcoa Will Host Webcast of Annual Meeting of Shareholders

2011-05-03

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host a live webcast of its Annual Meeting of Shareholders on Friday, May 6, 2011, beginning at 9:30 a.m. (Eastern Time). Registration for the webcast is required. To register, go to www.alcoa.com/annualmeeting. The meeting will be webcast via Alcoa’s website at www.alcoa.com/annualmeeting with presentation materials available on-line. A replay of the webcast will be available by close of business on Friday, May 6 at this same website. About Alcoa A

Alcoa Announces Preliminary Results of Tender Offer for 6.00% Notes due 2013 and Extension of Early Tender Date

2011-04-29

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today preliminary results of its Maximum Tender Offer for its outstanding 6.00% Notes due 2013. As of the Maximum Tender Early Tender Date, which was 5 p.m. Eastern Time on April 28, 2011, the aggregate principal amount of 6.00% Notes validly tendered and not withdrawn was $319,940,000, representing 42.66% of the $750,000,000 aggregate principal amount of the 6.00% Notes outstanding. Alcoa also announced today the extension of the Maximum Tend

Growth in Consumer Electronics Creates Sustainable Design Opportunities for Aluminum

2011-04-28

NEW YORK--(BUSINESS WIRE)--The growth of aluminum in consumer electronics was in the spotlight at the GreenInfoTech Summit in Atlanta today, when Randall Scheps, Alcoa’s Director of Consumer Electronics Market Development, addressed senior IT executives and corporate sustainability policy makers on aluminum’s role in the future of sustainable design. “Alcoa recognizes that rapid growth in the consumer electronics market creates sustainability challenges, and aluminum is part of the solution,” sa

Alcoa Announces Removal of Maximum Tender Amount Cap for 6.00% Notes due 2013

2011-04-28

NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) announced today that it is removing the Maximum Tender Amount cap for its Maximum Tender Offer of 6.00% Notes due 2013, which was $750 million in cash less the aggregate purchase price of the 5.375% Notes due 2013 accepted for purchase pursuant to the Any and All Tender Offer. Alcoa will accept any and all of the 5.375% Notes due 2013 and up to $400 million in cash (the Maximum Purchase Sublimit) of the 6.00% Notes due 2013 validly tendered on or p

Schools Win $10,000 in Grants as More than 8,000 Students Find Over 14 Million Pounds of Potential Carbon Savings

2011-04-21

WASHINGTON--(BUSINESS WIRE)--Alcoa Foundation and the Pew Center on Global Climate Change announced today that seven schools in Indiana, Ohio, Tennessee and Virginia have won a total of $10,000 after competing in a month-long educational energy conservation competition: Make an Impact: Change Our 2morrow (CO2). Participants from 15 competing schools identified more than 14,400,000 pounds of potential carbon savings and an estimated $1,750,000 in energy savings. Paul F. Boston Middle School in La

Ma’aden/Alcoa Joint Venture Breaks Ground on State-of-the-Art Rolling Mill

2011-04-21

RAS AZ ZAWR, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--Ma’aden, the Saudi Arabian Mining Company, and Alcoa (NYSE:AA) today announced they broke ground on their joint venture state-of-the-art rolling mill in Ras Az Zawr, Saudi Arabia. Upon completion, the rolling mill will be the most cost-efficient in the world serving packaging and flat-rolled products markets in the Middle East and beyond. The joint venture, which is owned 74.9% by Ma’aden and 25.1% by Alcoa with Alcoa having the right to exp

Alcoa Announces Preliminary Results of Tender Offer for 5.375% Notes due 2013 and Extension of Early Tender Date

2011-04-21

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today preliminary results of its Any and All Tender Offer, which is its tender offer to purchase for cash any and all of its outstanding 5.375% Notes due 2013. As of the Any and All Early Tender Date, which was 5 p.m. Eastern Time on April 20, 2011, the aggregate principal amount of 5.375% Notes tendered and not withdrawn was $253,545,000, representing 45.85% of the $552,933,000 aggregate principal amount of the 5.375% Notes outstanding. Alcoa

Alcoa Plant in Mexico Named among Best Companies to Work

2011-04-20

MONTERREY, Mexico--(BUSINESS WIRE)--Alcoa operations in Monterrey, Mexico has been named by Great Place to Work® Institute as one of the top companies for employees in the Mexican workplace. The Monterrey facility competed against more than 600 companies and placed 12th on the 2011 list with 500-5,000 employees and multinationals. The facility also ranked among the top 50 places to work within the Latin American market, competing against almost 2,000 companies. This is the first time Alcoa’s Mon

Alcoa Employees Mobilize Worldwide to Celebrate Eco-Holidays

2011-04-18

NEW YORK--(BUSINESS WIRE)--In celebration of Earth Day, World Environment Day and Arbor Day, thousands of Alcoa employees worldwide will volunteer to reduce their carbon footprint, recycle to save energy, and plant trees to replenish the environment from April 21 to June 21, as part of Alcoa Foundation’s Green Works initiative. “Sustainability is at the heart of everything we do at Alcoa,” said Paula Davis, Alcoa Foundation President. “Green Works aims to get our employees and their families inv

Alcoa Announces Pricing of $1,250,000,000 Notes Offering

2011-04-13

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced the pricing of its public offering of $1,250,000,000 aggregate principal amount of 5.40% Notes due April 15, 2021. The offering is expected to close on or about April 21, 2011. Alcoa expects to receive aggregate net proceeds from this offering of approximately $1,241,275,000, after deducting underwriting discounts and estimated offering expenses. Alcoa intends to use the net proceeds from this offering together with cash on hand, if nece

Alcoa Commences Debt Offering, Announces Tender Offers to Enhance Maturity Profile of Company Debt

2011-04-13

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it will seek to enhance the maturity profile of its debt through tender offers for two series of outstanding notes and a concurrent public offering of senior unsecured debt securities. Alcoa has commenced tender offers to purchase for cash: Any and all of its 5.375% Notes due 2013 (the Any and All Tender Offer); and Up to the Maximum Tender Amount (as defined below) of its outstanding 6.00% Notes due 2013; provided that the purchase of t

Alcoa Reports 20 Percent Increase in Income from Continuing Operations and 22 Percent Year-on-Year Revenue Growth

2011-04-11

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today first quarter 2011 income from continuing operations of $309 million, or $0.27 per share, a 20 percent improvement over fourth quarter 2010, led by improved pricing and growing demand for aluminum in major end markets. Income from continuing operations, excluding a negative impact for special items of $8 million, or $0.01 per share, was $0.28 per share. First quarter 2011 income from continuing operations was the highest since second qu

Alcoa Announces Winners of 2010 Core Truckload Carrier Awards

2011-04-07

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced the winners of its 2010 Core Truckload Carrier Awards Program. This program has been in place since 2005 and is designed to reward Alcoa’s core truckload carriers for their valuable service to the company’s North American operations. Alcoa’s Tier 1 core truckload carriers received a rendition of the Alcoa aluminum wheel mounted on a plaque. Further recognition was given to the best-in-class in this group. These three carriers received

Alcoa Unveils Partnership for Carbon Capture Technology Pilot Test Designed to Turn Emissions into Beneficial Commercial Products

2011-04-07

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced a new pilot program, in collaboration with Codexis, Inc. (Nasdaq: CDXS) and CO2 Solution Inc. (TSX-V: CST), focused on carbon capture technology designed to sequester industrial carbon emissions, neutralizing the material to create a commercially viable product. The project is the latest innovation from the world’s leading aluminum producer and will be funded by Alcoa along with approximately $13.5 million in funding from the U.S. Depart

Alcoa to Host Webcast of First Quarter 2011 Results

2011-04-06

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Monday, April 11, 2011 beginning at 5:00 p.m. (Eastern Time) to discuss first quarter 2011 results and business developments. The conference call will be webcast live via Alcoa’s website, with presentation materials available on-line. Conference Call Information Time: 5:00 to 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Executive Vice President and Chief Financial

Alcoa Receives National Excellence in Brownfield Redevelopment Award

2011-04-06

NEW YORK--(BUSINESS WIRE)--Alcoa has received the Phoenix Award Grand Prize for excellence in brownfield redevelopment for the Company’s role in reclaiming a former aluminum smelter in Oregon and returning it to productive use. The award, presented during the National Brownfields Conference in Philadelphia, recognized Alcoa’s Troutdale project as the top revitalization project in the country. In February, Alcoa was named a regional winner in the Oregon, Washington, Idaho and Alaska region. The P

Alcoa Receives Proclamation for Female Diversity on Board of Directors

2011-04-06

PITTSBURGH--(BUSINESS WIRE)--Pennsylvania Treasurer Rob McCord recognized Alcoa’s commitment to gender diversity today with a Proclamation of Honor as one of five publicly traded companies in Pittsburgh’s “Top 50” with at least three women currently serving on its board of directors. The honor is based on research by Catalyst and Vicki Kramer and Associates that shows company boards need at least three women members for gender diversity to have genuine impact. Julie Caponi, Vice President of Aud

Alcoa Names Dina Shapiro Director, Marketing Communications and Branding

2011-04-04

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has named Dina Shapiro Director, Marketing Communications and Branding, responsible for driving an integrated marketing strategy across the Company’s businesses and enhancing Alcoa’s iconic brand around the world. “Dina will help translate Alcoa’s global reach, innovation expertise and sustainability leadership into marketing programs that grow sales and strengthen our brand across Alcoa’s many markets,” said Nick Ashooh, Alcoa’s Global Vice President o

Ray Kilmer Named Alcoa Chief Technology Officer, Succeeding Mohammad Zaidi

2011-04-04

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Dr. Ray Kilmer, currently Vice President, Technology Development and Deployment, has been appointed Chief Technology Officer, succeeding Dr. Mohammad Zaidi, who has elected to retire. Dr. Kilmer will become a member of Alcoa’s Executive Council and will be recommended to be elected an officer of the company by Alcoa’s Board of Directors. In his new role, Dr. Kilmer will lead Alcoa’s global technology team, building on Dr. Zaidi’s wo

Alcoa Products on First Aluminum Petroleum Road Tanker in Indonesia

2011-03-29

FUSINA, Italy & SURABAYA, Indonesia & NEW YORK--(BUSINESS WIRE)--The first aluminum petroleum road tanker produced in Indonesia took to the highway recently made with Alcoa’s heavy gauge aluminum shate product and rolling on Alcoa aluminum truck wheels. 5182 RoadTanker ShateG1, a combined sheet and plate product of a specific thickness, was developed by Alcoa Mill Products Europe for road tankers that transport hazardous freight. PT. MECO INOXPRIMA, one of the largest suppliers of liquid propane

Alcoa Foundation to Fund $100,000 Scholarship in Honor of Bill Christopher

2011-03-23

CLEVELAND--(BUSINESS WIRE)--The Alcoa Foundation announced today plans to create a $100,000 scholarship in honor of Bill Christopher, former Group President of Alcoa Engineered Products and Solutions and member of the Chairman’s Counsel. The scholarship recognizes Christopher’s 36 years of service to Alcoa and his legacy of community leadership. He will retire April 1. Each year for ten years, the Bill Christopher Alcoa Leadership Scholarship will award one student in the Cleveland, Ohio, area w

Alcoa Becomes Founding Member of Duke Center for Sustainability & Commerce

2011-03-22

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA), together with the Alcoa Foundation, announced today that Alcoa has become a founding member of the Duke Center for Sustainability & Commerce, an organization dedicated to collaborating with industry and government to turn the vision of sustainability into products and solutions serving society. The center is part of Duke’s Nicholas Institute for Environmental Policy Solutions, a non-partisan institute focused on finding solutions to the nation’s mo

Alcoa Foundation in Partnership with the Institute for Sustainable Communities - EHS Academy in China

2011-03-21

NEW YORK & BEIJING--(BUSINESS WIRE)--Alcoa Foundation has joined a strategic partnership with the Institute for Sustainable Communities and other worldwide companies to support the Environment, Health and Safety (EHS) Academy in China’s Guangdong and Jiangsu provinces. The EHS Academy’s customized, intensive trainings prepare plant managers to apply international best practices in EHS management, reduce workplace injuries, effectively measure and lower energy consumption, and lower greenhouse ga

Alcoa CEO Klaus Kleinfeld and U.S. Senator Charles Schumer Celebrate Restart of Massena Plant

2011-03-18

MASSENA, N.Y.--(BUSINESS WIRE)--Alcoa (NYSE:AA) Chairman and CEO Klaus Kleinfeld and U.S. Sen. Charles Schumer celebrated the restart of Alcoa’s East Plant today in Massena, NY, supervising a ceremonial pouring of first metal from the smelter. Kleinfeld also announced a new partnership with Clarkson University to promote education in the community. “Today we are celebrating another milestone in the long history between Alcoa and the Massena community,” Kleinfeld said. “This restart is an example

Alcoa Foundation Joins with Institute for Civic Leadership to Establish Alcoa Global Service Leaders Scholarship Program

2011-03-15

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation is joining with Institute for Civic Leadership (ICL) to establish the Alcoa Global Service Leaders Scholarship Program. Through the program, 50 students, ages 15 to 18, from around the world, can apply for full scholarships up to US$5,000 to attend ICL’s 2011 Summer Academy, a comprehensive, two-week hands-on summer leadership program for students who have passion for leadership and service. Interested students can apply online via www.alcoa.com/servic

Alcoa Foundation and the Pew Center on Global Climate Change Launch School-based Carbon Footprint Challenge

2011-03-14

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation and the Pew Center on Global Climate Change today announced an exciting new education partnership to teach students how their daily actions can reduce harmful emissions and improve the environment. Set to run from March 14 to April 11, Make an Impact: Change Our 2morrow (CO2) is an educational energy conservation challenge among 8,000 students at 15 schools near Alcoa (NYSE:AA) locations in Cleveland, OH; Hampton, VA; Knoxville, TN; and LaPorte and War

Alcoa Completes TransDigm Aerospace Fastener Acquisition

2011-03-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has completed the acquisition of the aerospace fastener business of TransDigm Group Inc., a global designer, producer and supplier of highly engineered aircraft components. The business will become part of Alcoa Fastening Systems (AFS), a leading worldwide designer and manufacturer of specialty fastening systems, components, and installation tools for aerospace and industrial applications. “We are excited to bring such a highly regard

Alcoa Acquires Full Ownership of Carbothermic Smelting Technology

2011-03-03

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it has finalized a deal with ORKLA ASA to acquire full ownership of the technology associated with the carbothermic aluminum production process, previously jointly owned by the companies. Now in the research and development phase, the carbothermic aluminum production process is a new technology that holds the potential to produce aluminum at a lower cost, driven by reduced conversion costs, lower energy requirements, and lower emiss

Alcoa Takes Ownership Stake in Electronic Recyclers International

2011-03-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA), the world’s leading aluminum producer, announced today it has become a minority investor in Electronic Recyclers International (ERI), the largest U.S. recycler of electronics waste. Alcoa Vice President and Chief Sustainability Officer Kevin Anton will also become a director of ERI. Consumer electronics represents a fast-growing market for aluminum because of the metal’s light weight, durability, heat conductivity and limitless surface finishes. Alumi

Alcoa Foundation Announces Sustainability Investments on International Corporate Philanthropy Day

2011-02-28

NEW YORK--(BUSINESS WIRE)--As the world celebrates International Corporate Philanthropy Day, Alcoa Foundation has announced a new $7 million investment to address regional environmental challenges, improve energy efficiency and enhance global reforestation projects. The investment aligns with Alcoa Foundation’s sustainability focus: ‘Reduce, Recycle, Replenish,’ and will engage employees and communities where Alcoa operates to enhance the environment. “Alcoa is a part of the fabric of over 200 c

AIAS and Kawneer “School of Tomorrow” Student Design Competition Winners Selected

2011-02-24

WASHINGTON & NORCROSS, Ga.--(BUSINESS WIRE)--The American Institute of Architecture Students (AIAS) and Kawneer Company, Inc., an Alcoa business, announced today the winners of the “Schools of Tomorrow” student design competition. The Kawneer-sponsored competition, now in its fifth year, challenged students to learn about architectural aluminum building products and systems in the design of a modern and creative school for students ranging from kindergarten to sixth grade. Ball State University’

Daniel Cruise Elected Vice President and Officer of Alcoa

2011-02-24

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Daniel Cruise has been elected a vice president and officer of the company by Alcoa’s Board of Directors. Mr. Cruise joined Alcoa in 2009 as vice president of Global Public and Government Affairs, responsible for global governmental and regulatory affairs. “Daniel has been instrumental in advancing Alcoa’s interests across national, regional and local jurisdictions around the world,” said Nicholas Ashooh, Global Vice President, Corp

Alcoa Celebrates 125 Years of Modern Aluminum

2011-02-23

NEW YORK--(BUSINESS WIRE)--This month marks a milestone in American history that’s known to few but benefits everyone. Thanks to the birth of the modern aluminum smelting process 125 years ago by Charles Martin Hall, thousands of products can be made safer, lighter, more fuel efficient and more recyclable. Hall was just 22 years old and a student at Oberlin College in Ohio when he discovered the way to create aluminum by separating it from bauxite ore through electrolysis. The aluminum pellets c

Alcoa Wheels Recognized with “Top 20” New Product by Heavy Duty Trucking

2011-02-22

CLEVELAND--(BUSINESS WIRE)--Heavy Duty Trucking recognized Alcoa Wheels, a key supplier to Wheel Torque Solutions, as a “Top 20” new product recently at the TMC Annual Convention in Tampa, Florida. Heavy Duty Trucking editors, in combination with members of the American Trucking Associations’ Technology and Maintenance Council (TMC), evaluated hundreds of new products for those that are innovative and likely to contribute to the bottom line by improving safety, fuel economy or efficiency. As a c

Alcoa Wheels Selected as “Top 5” Product

2011-02-15

CLEVELAND--(BUSINESS WIRE)--Alcoa’s LvL ONE® wide base aluminum wheel has been selected as a “Top 5” Product of 2010 by Heavy Duty Aftermarket Journal. Leading editors selected products that exhibit innovation, usefulness to the end user, effectiveness in improving performance and serviceability, and potential to help distributors gain more business. As part of the LvL ONE® wheel family, Alcoa LvL ONE® wide base wheels combine the advantages of the lightest weight, brightest appearance and stron

Alcoa Among Thought Leaders Featured in a “Lessons Learned” Publication on Environmental Leadership

2011-02-14

NEW YORK--(BUSINESS WIRE)--Alcoa’s was among a select group of thought leaders featured in the inaugural edition of Insider Knowledge Report, a compilation of lessons learned from corporate environmental, sustainability and energy decision-makers. The report was published by Environmental Leader, the on-line source for energy and environmental business news. Alcoa’s approach to sustainability was featured in the Strategy/Leadership section. Alcoa’s Chief Sustainability Officer Kevin Anton descri

Alcoa Executive Vice President Bill Christopher to Address the Cowen and Company 32nd Annual Aerospace/Defense Conference

2011-02-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that Bill Christopher, Executive Vice President and Chairman’s Counsel, will address the Cowen and Company 32nd Annual Aerospace/Defense Conference on Wednesday, February 9, in New York City. Mr. Christopher will discuss the Alcoa advantage in the aerospace market, including the company's technological leadership, the broad use of Alcoa aluminum products on aircraft to meet performance requirements and how the aerospace segment continue

Alcoa Best in Class in Covalence Ethical Reputation Ranking

2011-02-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it again has achieved the top spot in the Basic Resources category in the annual Covalence Ethical Rankings, a major international survey that measures the ethical performance of multinational companies. Covalence’s reputation index, distributed by Thomson Reuters, Bloomberg and Capital IQ, is a barometer of how multinationals are perceived in the ethical field, and measures performance across a range of criteria such as labor standards,

Alcoa to Acquire TransDigm’s Aerospace Fastener Business

2011-01-31

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has agreed to purchase the aerospace fastener business of TransDigm Group Inc., a leading global designer, producer and supplier of highly engineered aircraft components. The new business will become part of Alcoa Fastening Systems. The transaction is valued at approximately $240 million and is expected to be earnings and cash flow accretive in the first year. “This acquisition is an important step for Alcoa Fastening Systems (AFS), s

Alcoa's Reynobond Aluminum Composite Material: A Sustainable Design Component of Gold LEED Certified Advocate Lutheran General Hospital

2011-01-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Reynobond® aluminum composite material (ACM) contributed to the sustainable design of Advocate Lutheran General Hospital, the first hospital in the Midwest to achieve LEED (Leadership in Energy and Environmental Design) Gold certification. One of the largest hospitals in the Chicago area, the newly designed eight-story, 192-single room patient tower represents the hospital's commitment to providing healthier, sustainable surroun

Alcoa Board of Directors Elects John Kenna Vice President, Tax; Olivier Jarrault Elected Executive Vice President

2011-01-21

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Board of Directors has elected John Kenna, 50, as Vice President, Tax and an Officer of the company. He had been serving as Acting Director of the Tax Department since May 2010. The Board also elected Olivier Jarrault, 49, to the additional position of Executive Vice President of the Company. He was recently appointed President, Alcoa Engineered Products and Solutions. In announcing Mr. Kenna’s promotion, Chuck McLane, Alcoa Exe

Alcoa Announces Dividend and Stock Contribution to Pension Plans

2011-01-21

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 3 cents per share payable February 25, 2011 to shareholders of record at the close of business on February 4, 2011 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2011 to shareholders of record at the close of business on March 11, 2011. In addition, a contribution was authorized of up to $600 million in Alcoa co

Alcoa, CPI Announce Memorandum of Understanding to Develop Aluminum, Energy Projects

2011-01-18

WASHINGTON--(BUSINESS WIRE)--Alcoa and the China Power Investment Corporation (CPI) will collaborate on a broad range of aluminum and energy projects representing more than $7.5 billion of potential investment over the coming years, under a Memorandum of Understanding (MOU) signed by the companies today. U.S. Secretary of Energy Steven Chu, Chinese Minister of Science and Technology Wan Gang, and Administrator Zhang Guabao of the Chinese National Energy Administration presided over the signing c

Alcoa Defense Congratulates Austal and Lockheed Martin on Littoral Combat Ship Award

2011-01-12

WASHINGTON--(BUSINESS WIRE)--Alcoa Defense, the defense industry’s leading supplier of aluminum, titanium and other light alloys, today congratulated Austal USA and Lockheed Martin on receiving awards to construct the Littoral Combat Ship (LCS) fleet for the U.S. Navy. The LCS is the U.S. Navy’s first surface-combatant ship in 15 years to feature aluminum. Additionally, Austal’s LCS is the first all-aluminum surface combatant ship in the U.S. Navy fleet and Lockheed Martin’s LCS features an alum

Alcoa Ends 2010 with Strong Fourth Quarter Results

2011-01-10

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced fourth quarter 2010 income from continuing operations of $258 million, or $0.24 per share, the company’s highest quarterly income since the economic downturn and $197 million higher than the third quarter of 2010. Fourth quarter income from continuing operations includes a $35 million, or $0.03 per share, positive impact from special items, compared to a negative impact of $35 million, or $0.03 per share, in the third quarter of 2010 an

Alcoa to Restart Idled U.S. Smelters, Fill 260 Jobs

2011-01-07

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced plans to restart idled potlines at three aluminum smelters in the United States, creating approximately 260 new jobs through recall and hiring. The restarted facilities will increase Alcoa’s aluminum production by 137,000 metric tons over the course of 2011 and by 200,000 metric tons on an annual basis thereafter. The restarts allow Alcoa to take advantage of long-term, low-cost power options that will continue to move Alcoa down on the