Alcoa: Worldwide: News Releases

State-of-the-Art Alcoa Facility to Cut in Half Energy Used to Recycle Aluminum for Forged Wheels

2013-05-22

CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its $21 million Alcoa Wheel and Transportation Products casthouse expansion at its Barberton, Ohio plant is expected to cut in half the total amount of energy used to recycle aluminum for forged wheels, reducing greenhouse gases and increasing the overall efficiency and sustainability of the company’s manufacturing process. The recycling facility, the first of its kind in North America, uses advanced technology to produce wheels f

Alcoa Foundation Presents Sustainability Awards to Young Talent at Intel ISEF 2013 Special Awards Ceremony

2013-05-20

PHOENIX--(BUSINESS WIRE)--Alcoa Foundation announced six winners in two award categories, Power Economy and Using Metals, at the 2013 Intel International Science and Engineering Fair (Intel ISEF) in Phoenix. Intel ISEF is the world’s largest pre-college science competition showcasing more than 1,600 leading young scientists’ independent research projects. The winning students split $10,000 from Alcoa Foundation for their impressive innovations regarding sustainable electric power savings or use

Alcoa Reduces Greenhouse Gases by 23 Percent from 2005 Baseline

2013-05-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) published its 2012 Sustainability Report, detailing the Company's global environmental, social and economic performance during 2012. Alcoa has produced the report for 11 consecutive years. "The truest validation of our sustainability as a company comes from our stakeholders and society at large," said Alcoa Chairman and CEO Klaus Kleinfeld. "Our miracle metal, aluminum, is an essential material for a sustainable global system that many societies and bus

Alcoa Revises Schedule for Modernization of Baie-Comeau Smelter

2013-05-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it is postponing construction of a new potline at its Baie-Comeau smelter in Québec as part of a revised modernization plan for the smelter, but will begin preparations for the upgrade by investing $100 million in the smelter over the next three years and by permanently closing the plant’s two Soderberg potlines. The new potline is now expected to be in service in 2019 instead of 2016, subject to board approval. The change is due to curr

Robert Wilt Named President of Alcoa Global Primary Products

2013-05-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that Robert Wilt, currently Chief Operating Officer of Alcoa’s Global Primary Products (GPP) business, has been named President of Global Primary Products effective June 1. Wilt will succeed Chris Ayers, who is leaving Alcoa to become President and CEO of Wireco World Group. In his new role, Wilt, 45, will have overall responsibility for the Primary business that includes global aluminum smelters, refineries and mines throughout the U.S.

Alcoa Executive Vice President and Chief Financial Officer William Oplinger to Present at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference

2013-05-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that William Oplinger, Alcoa Executive Vice President and Chief Financial Officer, will speak at the Bank of America Merrill Lynch Global Metals, Mining and Steel Conference on Tuesday, May 14, 2013, at The Hotel Arts in Barcelona. The presentation is scheduled to begin at 4:00 p.m. CEST (10:00 a.m. EST) and will be webcast live via Alcoa's website, with presentation materials available on-line. Mr. Oplinger will discuss the strategy of

Susan Ringler Joins Alcoa as Vice President and Chief Ethics and Compliance Officer; Judith Nocito to Retire after 34-Year Alcoa Career

2013-05-09

NEW YORK--(BUSINESS WIRE)--The Alcoa (NYSE:AA) Board of Directors has appointed Susan Ringler Vice President and Chief Ethics and Compliance Officer. Ringler, who will join Alcoa on June 1, has been a Deputy General Counsel of Xylem Inc., a global water technology company that was spun off from ITT Corporation in 2011. At Xylem she provides strategy and regulatory advice, as well as oversight and supervision of policies and programs involving compliance with U.S. and foreign laws and regulations

Alcoa Leads Metals Sector in Fortune 500 Ranking; Named to List Every Year Since 1955

2013-05-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) led the Metals category of eight companies in the 2013 Fortune 500 ranking of the largest U.S. companies. It also ranked 128 in the overall ranking of the largest corporations based on revenues, profits and market value. Alcoa is one of the 57 original Fortune 500 companies who have been on the list every year since it was started in 1955. About AlcoaAlcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest

Paris Watts-Stanfield Elected Alcoa Vice President, Internal Audit and Company Officer; Julie Caponi Named Assistant Treasurer

2013-05-06

NEW YORK--(BUSINESS WIRE)--The Alcoa (NYSE:AA) Board of Directors has elected Paris Watts-Stanfield Vice President, Internal Audit and an Officer of the Company. In this role, she is accountable for Alcoa's worldwide audit activities in the Finance, Information Technology, and Environment, Health and Safety areas. Most recently she was Director of Internal Audit at Alcoa, responsible for leading the company's global Financial Business Process and IT audit groups. "Paris has extensive global corp

Alcoa Board Approves Quarterly Dividend

2013-05-03

NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) on May 2, 2013 declared (a) a quarterly common stock dividend of 3 cents per share payable May 27, 2013 to shareholders of record at the close of business on May 13, 2013 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July 1, 2013 to shareholders of record at the close of business on June 14, 2013. About Alcoa Alcoa is the world’s leading producer of primary and fabrica

Alcoa to Further Expand North American Automotive Sheet Capacity

2013-05-02

NEW YORK--(BUSINESS WIRE)--Alcoa further expanding capacity to supply automotive OEMs with durable aluminum to increase fuel efficiency.

Alcoa to Review 460,000 Metric Tons of Smelting Capacity for Possible Curtailment

2013-05-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that it will review 460,000 metric tons of smelting capacity over the next 15 months for possible curtailment to maintain the Company’s competitiveness, as aluminum prices have fallen more than 33 percent since their peak in 2011. The review will include facilities across the Alcoa system and will focus on higher-cost plants and plants that have long-term risk due to factors such as energy costs or regulatory uncertainty. The possible c

Alcoa Vice President Michelle O'Neill Receives U.S. Presidential Award

2013-04-29

WASHINGTON--(BUSINESS WIRE)--Michelle O'Neill, Vice President Government Affairs and Trade Policy for Alcoa (NYSE:AA), was honored recently with a 2012 Presidential Distinguished Rank Award, the nation's highest civil service award, for outstanding achievement in public service. The award recognizes Ms. O'Neill's extraordinary success as the Deputy Undersecretary for International Trade – the position she held before joining Alcoa – in which she led more than 2,300 Commerce Department employees

Alcoa To Host Webcast of Annual Meeting of Shareholders

2013-04-29

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host a live webcast of its 2013 Annual Meeting of Shareholders on Friday, May 3, 2013, 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 3 at this same website. About Al

Alcoa Reports First Quarter Net Income of $0.13 Per Share; Income of $0.11 Per Share Excluding Special Items

2013-04-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported net income of $149 million, or $0.13 per share, in first quarter 2013. Net income excluding special items was $121 million, or $0.11 per share. First quarter 2013 net income compares to $242 million, or $0.21 per share, in fourth quarter 2012 and $94 million, or $0.09 per share, in first quarter 2012. First quarter 2013 net income excluding special items compares to $64 million, or $0.06 per share, in fourth quarter 2012, and $105 million

EPA Issues Record of Decision on Grasse River Remediation

2013-04-05

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today confirmed that the U.S. Environmental Protection Agency (USEPA) has issued a Record of Decision (ROD) on the remediation of the Grasse River that is consistent with the Proposed Remedial Action Plan issued in October, 2012. Alcoa, USEPA, the NY Department of Environmental Conservation (DEC) and other parties have been evaluating remedial alternatives to address elevated levels of polychlorinated biphenyls (PCBs) in fish in the lower Grasse River f

Breakthrough Alcoa Technology Enabling Mass Production of Aluminum Intensive Vehicles Licensed to Industry Globally

2013-04-05

PITTSBURGH--(BUSINESS WIRE)--Alcoa launches breakthrough technology that will enable aluminum intensive vehicles.

Alcoa to Host Webcast of First Quarter 2013 Results

2013-04-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Monday, April 8, 2013 beginning at 5:00 p.m. (Eastern Time) to discuss First Quarter 2013 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 – 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer William Oplinger, Vice President and Chief Financial Officer

Alcoa Foundation $50,000 Grant Supports the National Society of Black Engineers’ SEEK Academy

2013-04-01

NEW YORK--(BUSINESS WIRE)--During the annual National Society of Black Engineers (NSBE) convention, Alcoa Foundation announced a $50,000 contribution to the 2013 Summer Engineering Experience for Kids (SEEK) Academy, a program developed by NSBE in 2007. The SEEK Program is designed to be a fun and engaging educational experience to raise the interest of underrepresented minority students in science, technology, engineering and math (STEM). It is led by engineering students and technical professi

Alcoa Prepares to Move Forward with Next Phase of Massena Modernization

2013-03-30

NEW YORK--(BUSINESS WIRE)--Alcoa today announced that it is prepared to proceed with the next phase of the modernization of its Massena, NY operations, once the company receives a Record of Decision (ROD) on the Grasse River that is in line with the Proposed Remedial Action plan issued by the Environmental Protection Agency last fall. The next phase includes spending $52 million for work that will begin in June 2013, including $10 million toward economic development in the North Country. “Thanks

Alcoa Shaping Future of Global Manufacturing with 2013 Manufacturing Leadership 100 Award

2013-03-07

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it was named a 2013 Manufacturing Leadership 100 Award (ML100 Award) winner in the Information Leadership Category by the Manufacturing Executive and Manufacturing Leadership Council. The awards honor companies and individuals that are shaping the future of global manufacturing. Alcoa was recognized for its SMART Manufacturing project implemented across several of its Global Primary Metals locations. The Alcoa SMART Manufacturing project

Alcoa Foundation and Keep America Beautiful Help Students Recycle

2013-03-07

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation is partnering with Keep America Beautiful and the College & University Recycling Coalition to provide more than 11,500 recycling bins to 35 colleges and universities throughout the United States. These recycling bins will help to expand on-campus recycling programs and raise awareness about the environmental impact of recycling. The Alcoa Foundation Recycling Bin Grant Program was created to help schools boost their recycling results during the eig

Alcoa Once Again Named Most Admired Metals Company in the World

2013-02-28

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named the most admired metals company in the world for the second year in a row in Fortune magazine’s annual ranking on corporate reputation. Alcoa has been a member of the "Most Admired" list since Fortune began the annual ranking 30 years ago. Alcoa also received top ranking in seven of the nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, and long-t

Alcoa and Alcoa Foundation Announce Annual 2012 Giving Totaling More than $40 Million and 800,000 Hours of Volunteerism

2013-02-25

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Alcoa Foundation announced combined community giving of more than $40 million in 2012, compared with $38 million in 2011, as well as 800,000 hours of employee volunteerism worth $29 million. The annual giving results were released today in recognition of International Corporate Philanthropy Day, which celebrates business-community partnerships around the world. Alcoa Inc. contributed $18 million last year to support projects and partnerships with no

Alcoa Announces Winners of 2012 Core Carrier Awards

2013-02-25

KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced the winners of its 2012 North America Core Carrier Awards Program. Commenting on the program, Tim Reyes, President of Alcoa Materials Management, said, “The core carrier awards represent a successful partnership that has been developed with our top transportation providers in North America. The carriers we are recognizing have best met the criteria established to insure the needs of Alcoa facilities.” Ed Hamorsky, Director of Logistics

John Martin Named President of Alcoa Global Primary Products – United States

2013-02-06

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that John Martin, 48, has been named President of Alcoa Global Primary Products – United States (GPP-US). In this role, Mr. Martin oversees Global Primary Products locations in the United States including six operating smelters, an alumina refinery and a spent potlining recycling facility. Since 2010, Mr. Martin had been Manager of Massena Operations – the longest continually operating aluminum facility in the world, located north of Syr

Alcoa Executive Vice President Olivier Jarrault to Present at Cowen and Company 34th Annual Aerospace/Defense Conference

2013-02-04

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that Olivier Jarrault, Alcoa Executive Vice President and Group President, Engineered Products and Solutions, will speak at the Cowen and Company 34th Annual Aerospace/Defense Conference on Thursday, February 7, at The InterContinental Barclay in New York. The presentation is scheduled to begin at 8:10 a.m. EST and will be webcast live via Alcoa's website, with presentation materials available on-line. Mr. Jarrault will discuss Alcoa’s a

Alcoa Aluminum Wheels Recognized for Safety and Energy Efficiency in China

2013-01-31

NEW YORK & BEIJING--(BUSINESS WIRE)--Alcoa (NYSE:AA) received a 2013 Accessory of the Year Award in the category of Best Safety and Energy Savings for the contributions of its forged aluminum wheels to China's bus manufacturing industry. The annual awards are organized by leading Chinese trade publications CNbuses.com and shangyongqiche.com and supported by the China Tourism News. "We have been supplying Alcoa forged aluminum wheels to the Chinese bus market for nearly a decade,” said Tim Myers,

Alcoa Fastening Systems Enters Strategic Partnership with COMAC

2013-01-28

NEW YORK & TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS), a unit of Alcoa (NYSE: AA), today announced it has signed a strategic technology and commercial cooperation agreement with Commercial Aircraft of China, Ltd (COMAC). This agreement deepens Alcoa’s existing partnership with COMAC, the main manufacturer of large passenger aircraft programs in China, and reinforces Alcoa’s presence in one of the world’s fastest growing aerospace markets. “This agreement establishes Alcoa F

Alcoa and Alcoa Foundation Contribute Funding and State-of-the Art Building Materials for New United States Diplomacy Center in Washington, D.C.

2013-01-25

NEW YORK--(BUSINESS WIRE)--At an official groundbreaking in Washington, D.C. today, Alcoa (NYSE:AA) and Alcoa Foundation announced a combined financial and in-kind donation of $600,000 to help The State Department build a new visitor center and diplomacy museum in Washington, dedicated to promoting an understanding of U.S. diplomacy and honoring the service of U.S. diplomats throughout history. The U.S. Diplomacy Center, to be built at the U.S. Department of State in Washington, D.C., is schedul

Alcoa Board Approves Quarterly Dividend

2013-01-17

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, 2013 to shareholders of record at the close of business on February 8, 2013 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2013 to shareholders of record at the close of business on March 15, 2013. About Alcoa Alcoa is the world’s leading producer of primary and fabricated

Alcoa Aluminum Alloy Drill Pipe (AADP®) Selected by Fugro for Offshore Drilling Projects

2013-01-16

NEW YORK--(BUSINESS WIRE)--Alcoa Oil & Gas, an Alcoa (NYSE:AA) business, will supply 5,300 meters (17,400 feet) of Aluminum Alloy Drill Pipe (AADP®) to Fugro McClelland Marine Geosciences of Houston and Fugro Singapore PTE, LTD for use in offshore geotechnical survey drilling projects. Fugro McClelland Marine Geosciences is a world leader in marine geophysics and seafloor mapping in support of resource development, engineering and scientific projects. Fugro will use Alcoa’s 5-inch diameter A

Ken Giacobbe Named Chief Financial Officer of Alcoa Engineered Products and Solutions

2013-01-11

NEW YORK--(BUSINESS WIRE)--Ken Giacobbe Named Chief Financial Officer of Alcoa Engineered Products and Solutions

Alcoa’s EagleCam Soars to Top Among 25 Most Interesting Webcams of 2012

2013-01-09

RIVERDALE, Iowa--(BUSINESS WIRE)--Alcoa’s EagleCam, located on Alcoa (NYSE:AA) property at its Davenport (Iowa) Works facility, has been named one of the Top 25 most interesting webcams of 2012 by EarthCam.com. The Alcoa EagleCam is perched above a nest home to a pair of bald eagles named Liberty and Justice. In 2012, the camera was visited more than 12 million times by people from more than 80 countries. “This award recognizes the impact our webcam is having around the world,” said Rob Woodall,

Eric Roegner Named Chief Operating Officer of Alcoa Investment Castings, Forgings, and Extrusions

2013-01-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Eric Roegner, 42, has been named Chief Operating Officer of Alcoa Investment Castings, Forgings and Extrusions, a new position. Roegner has been President of Alcoa Forgings and Extrusions since 2009 and has led Alcoa Defense since June 2012. In his new role, Roegner will have responsibility for Alcoa’s Power and Propulsion, Forgings and Extrusions, Oil and Gas, and Defense businesses. He will also serve on Alcoa’s Executive Council,

William F. Oplinger Named Alcoa Chief Financial Officer Effective April 1, 2013, Succeeding Charles D. McLane, Jr., Who Will Retire After 40 Years With Company

2013-01-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that William F. Oplinger, 45, will become Chief Financial Officer effective April 1, 2013, succeeding Charles D. McLane, Jr., 59, who plans to retire after a 40-year career with the company. “Chuck McLane has been vital to Alcoa’s success during one of the most challenging periods in the company’s history,” said Klaus Kleinfeld, Alcoa Chairman and Chief Executive Officer. “It is not easy to replace someone who has been a giant figure at

Alcoa Reports Fourth Quarter Income From Continuing Operations of $0.21 Per Share; Income of $0.06 Per Share Excluding Special Items

2013-01-08

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported income from continuing operations of $242 million, or $0.21 per share, in fourth quarter 2012. Excluding the net positive impact of special items, income from continuing operations was $64 million, or $0.06 per share. Fourth quarter 2012 income compares to a loss from continuing operations of $143 million in third quarter 2012, and a loss of $193 million in fourth quarter 2011. For the full-year 2012, Alcoa reported income from continuing

Alcoa to Host Webcast of Fourth Quarter and Full Year 2012 Results

2013-01-03

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Tuesday, January 8, 2013 beginning at 5:00 p.m. (Eastern Time) to discuss fourth quarter and full year 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 – 6:00 p.m. Eastern Time Hosts: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Executive Vice President and Ch

Alcoa Wins Long-Term Siemens Contract to Supply Blades and Vanes for Heavy-Duty Gas Turbines

2012-12-20

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced that Alcoa Power and Propulsion (APP) has signed a long-term agreement with Siemens Energy to supply blades and vanes for a wide range of industrial gas turbines. Siemens Energy is one of the world’s leading suppliers of products, solutions and services in the energy technology field. Contract terms were not disclosed. Alcoa parts made in the U.S. and Europe will be used in, among others, the Siemens F-Class turbine which generates enou

Alcoa Chairman and CEO Klaus Kleinfeld Applauds Bipartisan Effort to Establish Russia PNTR; Joins President Obama at the White House Signing Ceremony

2012-12-15

NEW YORK--(BUSINESS WIRE)--Alcoa Chairman and CEO Klaus Kleinfeld (NYSE:AA) praised the bipartisan leadership that led to today’s signing of the Russia and Moldova Jackson-Vanik Repeal Act of 2012 in the Oval Office at the White House. President Obama’s signature paves the way for permanent normal trade relations with Russia through the rules-based World Trade Organization (WTO). Kleinfeld witnessed today’s signing by the president in the Oval Office. “We applaud President Obama for signing this

Alcoa Opens State of the Art Aluminum Wheel Facility in Suzhou, China

2012-12-13

SUZHOU, Jiangsu Province, China & CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced that its Alcoa Wheel and Transportation (AWTP) business is opening a production facility in Suzhou, China, marking an expansion that creates a full wheel manufacturing, distribution, sales and service network in China. This facility brings to China Alcoa’s industry-leading forged aluminum wheel technology that manufactures lighter, stronger and more fuel efficient commercial truck, trailer and bus whee

Alcoa and Ma’aden Break Ground for Middle East’s First Automotive Products Aluminum Rolling Mill

2012-12-12

RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and The Saudi Arabian Mining Company (Ma’aden) today broke ground for construction of expanded rolling mill capabilities at their combined aluminum complex in Ras Al Khair, Saudi Arabia. The expanded capabilities will enable the facility to supply aluminum automotive, building and construction sheet and foil stock to the Kingdom’s developing new industry and other global markets beginning in 2014, positioning the project to captur

Ma’aden Alcoa Joint Venture Reaches First Hot Metal Milestone for Smelter

2012-12-12

RIYADH, Saudi Arabia & NEW YORK--(BUSINESS WIRE)--The Saudi Arabian Mining Company (Ma’aden) and Alcoa (NYSE:AA) celebrated the achievement of the First Hot Metal milestone today 12/12/2012 at their joint venture smelter project at Ras Al Khair in Saudi Arabia. This milestone marks the successful commissioning of the first of 720 smelting furnaces or “pots”, and is a key step toward the commercial production at the smelter. At the ceremony marking the event in Ras al Khair, Ma’aden President and

Alcoa CIO Nancy Wolk Named a Premier 100 IT Leader by Computerworld

2012-12-10

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) Chief Information Officer (CIO) Nancy Wolk has been named one of IDG's Computerworld Premier 100 IT leaders for 2013. The Premier 100 honors leaders from both the technology and business sides of companies for their exceptional technology leadership, effective management of IT strategies, and innovative approaches to business challenges. Under Wolk's leadership, a new, five-year IT strategy was established that builds on Alcoa's consolidation and stan

Alcoa Signs Ten-Year Power Contract for Intalco Works

2012-12-07

NEW YORK & FERNDALE, Wash.--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it has signed a long-term power contract with Bonneville Power Administration (BPA) for its Intalco Works aluminum smelter in Ferndale, Washington. The contract, which runs through September 2022, ensures power supply for the smelter and helps sustain the economic impact the plant brings to the region. The contract was signed today at a ceremony held at Intalco. Employees and community leaders were joined by dignit

Alcoa Achieves Record Volunteerism Rate

2012-12-05

NEW YORK--(BUSINESS WIRE)--As the world celebrates United Nations International Volunteer Day, Alcoa (NYSE: AA) announced that a record-breaking 60 percent of employees, or 34,000, made a difference in communities around the world during the Company’s annual Month of Service. According to the Boston College Center for Corporate Citizenship, the average rate of corporate volunteering for U.S. company-sponsored volunteer programs is between 17 and 35 percent. In October, Alcoa employees, retirees,

Alcoa Named a Model Company for Sustainability

2012-11-30

NEW YORK--(BUSINESS WIRE)--For the fourth year in a row, Alcoa (NYSE:AA) has been named one of Brazil's model companies for sustainable development, in Exame Magazine's Sustainability Guide 2012, the country's largest and most respected publication on sustainability practices and corporate responsibility. The annual guide selects and recognizes the sustainable actions of 20 model companies every year and is Brazil´s most prestigious annual survey on corporate social responsibility. "For Alcoa, i

Janne Sigurdsson, Managing Director of Alcoa Iceland, Wins Gold Stevie® Award for Women in Business

2012-11-28

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Janne Sigurdsson, Managing Director of Alcoa Iceland, has been named the gold Stevie Award winner for Female Executive of the Year in Europe, the Middle East and Africa at the 9th annual awards ceremony held recently in New York. The Stevie Awards for Women in Business honor women executives, entrepreneurs, and the companies they run. Sigurdsson was recognized for her achievements in helping to build, strengthen and expand Alcoa’s n

Alcoa Finalizes Sale of Tapoco Hydroelectric Project to Brookfield Renewable Energy Partners

2012-11-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has finalized the sale of its 378-megawatt Tapoco Hydroelectric Project to Brookfield Renewable Energy Partners. Tapoco is a four-station hydroelectric project located on the Little Tennessee and Cheoah Rivers in eastern Tennessee and western North Carolina. The transaction included the four generating stations and dams, 86 miles of transmission line, and about 14,500 acres of land associated with and surrounding Tapoco. Alcoa re

Alcoa Scores at Top of Corporate Equality Index for Fourth Consecutive Year

2012-11-14

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 2013 Corporate Equality Index and Best Places to Work for LGBT Equality. This is the fourth year in a row Alcoa has received the top score of 100 from the Human Rights Campaign (HRC) Foundation, which evaluates U.S. workplaces on lesbian, gay, bisexual and transgender (LGBT) equality. The HRC Foundation is the educational arm of the largest U.S. civil rights or

Alcoa Congratulates Tesla on the All-Aluminum Model S Being Named Automobile Magazine’s ‘Car of the Year’

2012-11-06

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today congratulated Tesla Motors on the Tesla Model S electric vehicle, an all-aluminum premium sedan, being named Automobile Magazine’s 2013 Car of the Year. The body of Model S is a state-of-the-art, aluminum-intensive design and has won accolades across the industry. It accelerates from 0 to 60 miles per hour in 5.6 seconds, with zero tailpipe emissions. In naming the Tesla Model S the 2013 Car of the Year, Automobile Magazine said, “It's the perform

Alcoa to Hold Investor Day November 7

2012-11-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will host an Investor Day event on Wednesday, November 7, at the Sheraton Hotel New York. The event will be webcast live via Alcoa's website with presentation materials available on-line. At the event, Alcoa senior executives will provide an in-depth perspective on Alcoa’s businesses and strategies to drive profitable growth and shareholder value. Presenters at the event include: Klaus Kleinfeld, Chairman and Chief Executive Officer Chuck McLane, Execut

First Alumina Sets Sail for Ma’aden Alcoa Joint Venture’s Fully Integrated Aluminum Manufacturing Complex in Saudi Arabia

2012-10-30

NEW YORK & PERTH, Australia--(BUSINESS WIRE)--The first shipment of alumina, the feedstock for the Middle East’s first fully integrated aluminum manufacturing complex, at Ras Al Khair in the Eastern Province of the Kingdom of Saudi Arabia, has departed Alcoa’s (NYSE:AA) Bunbury Port facility in Western Australia. The shipment of around 47,000 tonnes of alumina marks the latest milestone in the Ma’aden Alcoa aluminum joint venture’s establishment of the world’s largest and lowest-cost integrated

Alcoa Reynobond: Design Driver on Award-Winning Buildings

2012-10-30

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) Reynobond® composite materials played a key role in the design of two award-winning projects honored with the 2012 Chairman’s Awards from the Metal Construction Association (MCA). The awards honor innovation and creativity while showcasing how metal products help achieve exceptional building designs. Reynobond materials can be folded, roll-formed, routed or punched to achieve small-radius curves, reverse curves, angles and other shapes, providing archit

Alcoa Participates in the Inauguration of Estreito Hydro Power Plant in Brazil

2012-10-25

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) joined with Brazilian business and government dignitaries, including President Dilma Rousseff, in the inauguration of the 1087-megawatt Estreito hydroelectric power plant in Brazil. The power plant was developed by the Estreito Power Consortium, comprised of Alcoa (25.49%), Tractebel Energia, Vale and Intercement. With the Estreito facility, Alcoa will be 70 percent energy self-sufficient in Brazil. "Our investment in the Estreito power plant is an impo

Alcoa Foundation and DoSomething.org Partner on “50 Cans,” Largest Youth-led Aluminum Can Recycling Drive

2012-10-24

NEW YORK--(BUSINESS WIRE)--Starting today, Alcoa Foundation and DoSomething.org, the largest U.S. organization for teens and social change, will run the biggest youth-led aluminum can recycling drive in the country, targeting high school students. The goal of the drive is to activate a minimum of 40,000 young people across the U.S. to participate in the campaign, which runs from today through December 18, 2012. It is part of Alcoa Foundation’s 2012 Clinton Global Initiative commitment, in which

Alcoa Names 2012 Top North American Scrap Suppliers

2012-10-18

ALCOA, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) today recognized the Top North American Scrap Suppliers for 2012. This marks the eighth consecutive year that Alcoa’s Scrap purchasing group has honored the best suppliers in terms of safety, quality, volume, breadth of supply to multiple locations, and delivery performance. “Working closely with suppliers and recognizing their efforts to deliver high-quality scrap in a safe and reliable manner continues to be an important component of our overall p

International Alcoa Delegation of Future Leaders to Address Global Issues at One Young World Summit

2012-10-15

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that 10 of its early-career professionals from seven countries will participate in the third annual One Young World Summit, a global gathering of bright, young business and philanthropic leaders, who will discuss global issues and develop solutions to meet the challenges of the 21st century. In addition, Alcoa Foundation, through a partnership with the World Affairs Council of Pittsburgh, invited six environmental and educational NGO l

Alcoa Reports Loss From Continuing Operations Of $0.13 Per Share; Income Of $0.03 Per Share Excluding Special Items

2012-10-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported a loss from continuing operations of $143 million, or $0.13 per share, which includes special items of $175 million, primarily related to environmental remediation of the Grasse River in New York State, and the settlement of a civil lawsuit brought by Aluminium Bahrain (Alba) that had been pending in the U.S. District Court in Pittsburgh. Excluding the negative impact of special items, income from continuing operations was $32 million, or

Alcoa Reaches Tentative Agreement on Power Contract for Intalco Works

2012-10-09

NEW YORK & FERNDALE, Wash.--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it has reached a tentative agreement on a long-term power contract with Bonneville Power Administration (BPA) for its Intalco Works aluminum smelter in Ferndale, Washington. The proposed contract, which runs through September 2022, will ensure power supply for the smelter and help sustain the economic impact the plant brings to the region. A 90-day extension to the current contract will be in place while a public c

Alcoa and Alba Resolve Civil Litigation

2012-10-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) (“Alcoa”) confirmed today that it has entered into a settlement agreement with Aluminium Bahrain B.S.C. ("Alba") resolving a civil lawsuit that had been pending in the U.S. District Court for the Western District of Pennsylvania since 2008. Without admitting any liability, Alcoa agreed to make a cash payment to Alba of $85 million payable in two installments. One half was made at settlement and the other half will be made one year later. The settlement

Alcoa Receives Inaugural LEAP Award for Recycling Leadership from Southeast Recycling Development Council

2012-10-08

POINT CLEAR, Ala.--(BUSINESS WIRE)--Alcoa (NYSE:AA) is the inaugural winner of the LEAP award for recycling leadership given by the Southeast Recycling Development Council (SERDC), an organization dedicated to promoting sustainable recycling in the Southeast U.S. The award recognizes corporate leadership in the drive to increase recycling rates in the region. “SERDC is pleased to recognize Alcoa's longstanding commitment to recycling and materials management,” said Will Sagar, executive director

Alcoa to Host Webcast of Third Quarter 2012 Results

2012-10-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Tuesday, October 9, 2012 beginning at 5:00 p.m. (Eastern Time) to discuss third 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 Financia

Alcoa Confirms EPA Announcement of Remedial Action Plan for Grasse River

2012-10-01

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) confirmed today that the U.S. Environmental Protection Agency (EPA) has released the Proposed Remedial Action Plan (PRAP) for the Grasse River. Alcoa has worked with the EPA and other agencies to evaluate remedial alternatives to address elevated levels of polychlorinated biphenyls (PCBs) in fish in the lower Grasse River. The alternative proposed by the EPA in the PRAP is one of the 10 clean-up options evaluated in the Analysis of Alternatives (A of A)

Alcoa Announces Dividend

2012-09-27

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, 2012 to shareholders of record at the close of business on November 2, 2012 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2013 to shareholders of record at the close of business on December 14, 2012. About Alcoa Alcoa is the world’s leading producer of primary and fabric

Cheoah Dam Modernization Project Commissioned

2012-09-26

ROBBINSVILLE, N.C.--(BUSINESS WIRE)--Alcoa (NYSE:AA) and U.S. Department of Energy officials yesterday commissioned the $110 million modernization project at Cheoah Dam in Robbinsville, NC, one of four hydroelectric dams that make up Alcoa Power Generating Inc.’s Tapoco Project. The modernization effort has increased the dam’s efficiency and energy output and increased the life of the facility by at least another 40-50 years. “This project demonstrates a partnership and cooperation among private

Study Finds Alcoa Forged Aluminum Wheels Dramatically Cut Carbon Footprint of Commercial Vehicles, Supporting Sustainable Transportation

2012-09-25

CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE: AA) today released the findings of a peer-reviewed life cycle assessment (LCA) which concludes that Alcoa aluminum wheels substantially cut the carbon footprint of commercial vehicles. In North America, the study found that substituting 18 conventional steel truck wheels with Alcoa aluminum wheels cut carbon emissions by 16.3 metric tons over the lifetime of the wheels. In Europe, replacing 12 steel wheels with aluminum cut 13.3 metric tons of carbon emis

Alcoa, Alcoa Foundation and Keep America Beautiful Launch “Action to Accelerate Recycling” Commitment to Increase U.S. Recycling Rates

2012-09-24

NEW YORK--(BUSINESS WIRE)--At the Clinton Global Initiative (CGI) Annual Meeting today, Alcoa (NYSE:AA), Alcoa Foundation and Keep America Beautiful (KAB) announced a national commitment to increase U.S. recycling rates. “Action to Accelerate Recycling” will generate awareness, create incentives, and provide recycling access and infrastructure to increase U.S. recycling of aluminum, plastic, glass and paper. The commitment, which includes $2 million in funding from Alcoa and Alcoa Foundation, is

Alcoa Introduces "Pass the Can" Facebook App; Players Use Social Network to Drive Aluminum Recycling and Environmental Stewardship

2012-09-24

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) introduced a new Facebook app today that engages and educates users about aluminum recycling in a fun way and leverages their social network to encourage their friends to act. In "Pass the Can", players crush a virtual aluminum can, pass it to Facebook friends, and at the same time encourage real-world recycling and contribute to a 'green' cause. Each time a can is ‘passed’ through the app to a friend, Alcoa Foundation will donate $1 (up to US $75,000)

Alcoa Joins International Charter for Sustainable Transportation

2012-09-19

HANNOVER, Germany--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that its Alcoa Wheel and Transportation Products (AWTP) business has joined the Sustainable Development Charter of the International Association of Public Transport (UITP). The UITP, an organization with a 125-year history, is an international network for public transport and a global advocate of sustainable mobility and a promoter of innovations in the transportation sector. Alcoa Wheel and Transportation Products President Tim Myers

Alcoa Introduces New Lighter, Stronger High-Load Aluminum Wheels Unavailable in Steel

2012-09-19

HANNOVER, Germany--(BUSINESS WIRE)--Alcoa Wheel and Transportation Products (AWTP), an Alcoa (NYSE:AA) business unit, introduced four new forged aluminum wheels, two of which offer maximum loads per wheel currently unavailable in steel. The Alcoa wheels are up to 44% lighter than steel equivalents and support the move to higher-load-capacity tires. Alcoa introduced the new wheels at the 64th International Motor Show (IAA) Commercial Vehicles conference in Hannover, Germany. “We are constantly dr

Alcoa CIO Nancy Wolk Recognized for World-Class IT Leadership; Recognized as One of the Top 10 Breakaway Leaders

2012-09-14

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Chief Information Officer Nancy Wolk was recognized as one of the 2012 Top 10 Breakaway Leaders during the 2012 Global CIO Executive Summit this week. The prestigious award recognizes world-class IT leaders and their organizations and honor CIOs whose leadership elevates their people, partners and business. "Nancy has demonstrated that she is a strong agent for change by consistently challenging conventional wisdom and setting signi

Alcoa Named to the Dow Jones Sustainability Indexes: World and North America

2012-09-13

NEW YORK--(BUSINESS WIRE)--For the eleventh consecutive year, Alcoa (NYSE:AA) has been named to one of the most highly recognized and longest-standing global sustainability indexes, the Dow Jones Sustainability Indexes (DJSI). Alcoa was recognized as the global aluminum industry sustainability leader as well as the North America leader in the aluminum sector. “Alcoa’s commitment to not just meeting but exceeding the industry standard for economic, environmental and social responsibilities is a l

Alcoa Chief Diversity Officer Gena Lovett Named to List of 2013 Women Worth Watching®

2012-09-13

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Chief Diversity Officer Gena Lovett has been selected as one of the 2013 Women Worth Watching® by Diversity Journal magazine. The publication recognizes women executives that have demonstrated outstanding achievement and leadership in their careers. In the magazine's annual Women Worth Watching® issue, nearly 200 female executives share their views on the importance of education as a critical success factor in their careers and also

Alcoa Among Top Technology Innovators Across America; Named to Information Week 500 List For Second Consecutive Year

2012-09-12

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it has once again been named to InformationWeek 500, an annual listing of the nation’s most innovative users of business technology. It is the second year in a row Alcoa has been included in the ranking, which spotlights the power of innovation in information technology. Alcoa was recognized for its Smart Manufacturing initiative, which involves leveraging IT technology to drive profitability and efficiencies in a manufacturing sett

Alcoa Recognized as One of the 50 Most Engaged Workplaces™ in the United States

2012-09-10

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has been recognized as one of the 50 Most Engaged Workplaces™ in the United States by Achievers, a leader in employee reward and recognition solutions. This is the second year in a row Alcoa has received the award for leadership and innovation in engaging its employees. "We place great value on our employees and take their engagement very seriously," said Mike Barriere, Alcoa Vice President, Human Resources. "At Alcoa, we use a statis

Alcoa Now Sole Owner of Evermore Recycling, The World Leader in Beverage Can Recycling

2012-08-31

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has taken full control of Evermore Recycling, the undisputed leader in used beverage can (UBC) recycling, and is now operating as a wholly-owned entity of Alcoa. Alcoa and Novelis previously were partners in the joint venture which purchases more recycled cans than any other group anywhere in the world; Alcoa agreed in July to take full control of Evermore at the end of August. Alcoa’s Evermore Recycling is now a part of Alcoa’s Globa

Alcoa Building and Construction Products Used to Help Rebuild Tornado Ravaged Henryville Indiana Schools

2012-08-27

NORCROSS, Ga. & CRANBERRY, Pa.--(BUSINESS WIRE)--Just five months after a category F4 tornado directly hit the Henryville Schools in Indiana, students returned to a newly reconstructed facility. Entrances and windows from Kawneer Company, Inc. and Traco, both leading Alcoa (NYSE:AA) Building and Construction Systems' brands, were used to help rebuild the schools. The original elementary and secondary school buildings had used entrances and windows from Kawneer and Traco; and the products were se

Alcoa on Mars

2012-08-24

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and aluminum helped advance space exploration another step recently when NASA's Curiosity rover landed on Mars following its 352-million-mile journey from Earth. Curiosity is a car-sized, six-wheeled robot made mostly of aluminum, which makes the craft light, durable and fast. Incorporated into the assembly of Curiosity are high-strength precision aerospace fasteners manufactured by Alcoa Fastening Systems in California. Inconel 718 bolts and standard h

Alcoa Foundation Partners with DonorsChoose.org and GlobalGiving to Support STEM Education and Global Grassroots Projects

2012-08-23

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation announced today its partnership with online charities, DonorsChoose.org and GlobalGiving, to encourage and empower Alcoa (NYSE: AA) employees, partners and customers to give back in a meaningful and sustainable way. In recognition of its focus areas, Alcoa's key stakeholders can fund programs of their choice focused on the environment and Science, Technology, Engineering, and Math (STEM) education. DonorsChoose.org supports specific classroom projects

Alcoa to Sell Rockdale, TX Site to Lower Colorado River Authority

2012-08-15

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE AA) announced today that it has reached an agreement to sell assets associated with Alcoa’s Rockdale, Texas site to the Lower Colorado River Authority (LCRA). Terms of the deal were not disclosed. The agreement includes approximately 34,000 acres of property, all surface and groundwater rights, certain common plant and equipment assets, and Alcoa’s power contracts with Luminant. Alcoa will retain ownership of its smelter and aluminum powder operations. Subj

Alcoa Employees Embark on 10th Annual Environmental Expeditions with Earthwatch Scientists in Brazil, Canada and China

2012-08-10

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation announced today that 26 Alcoa (NYSE:AA) employees, have been selected to participate in a unique professional development opportunity with Earthwatch Institute, an environmental organization whose mission is to promote the understanding and action necessary for a sustainable environment. Through the 10-year partnership, nearly 150 Alcoa employees have contributed around 9,000 research hours to find solutions to a range of environmental and sustainabili

Alcoa Reynobond® Composite Materials Shine in the 2012 Metal Building Design Awards

2012-08-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) Reynobond® composite materials played a prominent role in three award-winning projects in the 2012 Metal Architecture magazine Metal Building Design Awards, a tour-de-force of metal composite materials that has been sculpted to create stunning architectural designs. The three winning projects are: Grand Prize Winner/Smooth Metal Panels - Chihuahua’s Businessmen Foundation (FECHAC) Regional Office in Ciudad Juarez, Chihuahua, Mexico. Four, 40-foot high p

Alcoa Aluminum Alloy Drill Pipe Helps Brunei Shell Petroleum Navigate Complex Offshore Drilling Well

2012-08-08

SERIA, Brunei & NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that its Alcoa Oil & Gas business has successfully deployed 1800 meters (5,905 feet) of Aluminum Alloy Drill Pipe (AADP®) in the Iron Duke Well C offshore Seria, Brunei. Alcoa partnered with Brunei Shell Petroleum Co. Sdn. Bhd. (BSP), the largest oil and gas producer in Brunei, and AMRTUR Corp., Alcoa's service partner, on the project. The well is considered among the most complex and deviated in the BSP system, with three

Alcoa Wins Pennsylvania General Energy Contract to Supply Aluminum Alloy Drill Pipe for Marcellus Shale Field Exploration

2012-08-02

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that Alcoa Oil & Gas was awarded a contract from Pennsylvania General Energy (PGE) to produce 3,500 feet of aluminum alloy drill pipe for gas drilling in the Marcellus Shale formation of Central Pennsylvania. Alcoa’s 4.5” drill pipe will extend the reach of the carrier-mounted drilling rig used on natural gas wells in the Marcellus Shale formation to a total depth of approximately 7,500 feet. This is 1,000 feet deeper than conventio

Alcoa’s Sandow Mine Receives OSM 2012 Excellence in Surface Mining Award

2012-07-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Sandow Mine in Rockdale, Texas received the “Good Neighbor Award” in the 2012 Excellence in Surface Coal Mining Awards from Office of Surface Mining Reclamation and Enforcement (OSM). Alcoa was recognized for successfully working with the community while conducting exemplary mining and reclamation at its Sandow Mine. Community efforts focused on initiatives taken as part of Alcoa’s annual Green Works volunteering campaign. Alcoa

Recyclable and Versatile Alcoa Reynobond Aluminum Composite Material Helps Create Dramatic Design of Seidman Cancer Center

2012-07-24

NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa's (NYSE:AA) Reynobond® Aluminum Composite Material (ACM) was used to achieve the dramatic sloping façade of the award-winning Seidman Cancer Center in Cleveland, Ohio. The Center is one of only 12 freestanding cancer hospitals in the nation designated by the National Cancer Institute as a Comprehensive Cancer Center. Designed by St. Louis-based architectural firm Cannon Design, the 375,000 square-foot, 10-story hospital features 59,000 square feet of Reynobo

Alcoa Names Michelle O’Neill, Vice President, Government Affairs and Trade Policy

2012-07-23

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that Michelle O’Neill will join Alcoa as Vice President, Government Affairs and Trade Policy, effective August 20, 2012. O’Neill will be Alcoa’s top government liaison executive in Washington and will lead the Company’s federal and state government affairs activities. She will also have responsibility for international trade policy supporting Alcoa’s businesses across a wide range of geographies. “We are thrilled to have someone of Mich

Alcoa Announces Dividend

2012-07-20

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 August 25, 2012 to shareholders of record at the close of business on August 3, 2012 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable October 1, 2012 to shareholders of record at the close of business on September 14, 2012. About Alcoa Alcoa is the world’s leading producer of primary and fabricate

Alcoa Takes Full Ownership of Evermore Recycling, The World Leader in Beverage Can Recycling

2012-07-16

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has reached an agreement with Novelis whereby Alcoa will assume full control of the Evermore Recycling joint venture, the undisputed leader in used beverage can (UBC) recycling, effective August 31, 2012. The two companies previously were partners in the joint venture which purchases more recycled cans than any other group, anywhere in the world. As a result of the new agreement, Alcoa will take over full ownership and operation of Ev

Girl Guides, Girl Scouts and Alcoa Foundation Partner to Create a Global Environmental Initiative

2012-07-12

NEW YORK--(BUSINESS WIRE)--In celebration of the Girl Scouts 100th anniversary, Girl Scouts USA (GSUSA) and the World Association of Girl Guides and Girl Scouts (WAGGGS) in partnership with Alcoa Foundation announces the launch of Together Greening. This program “twins” 20 Girl Scouts councils in the U.S. and 20 Girl Guide or Girl Scout groups in 11 countries around the world to work together on projects focused on making a significant impact on the environment. Over the course of two years, the

Nearly 20,000 Alcoa Employees Volunteer to Green Their Communities during Second Annual Green Works

2012-07-11

NEW YORK--(BUSINESS WIRE)--In recognition of United Nations World Population Day, Alcoa Foundation today announced that nearly 20,000 Alcoa (NYSE: AA) employees around the world volunteered during the Company’s second annual Green Works campaign to reduce their carbon footprint, recycle to save energy and plant trees to replenish the earth. Increasing participation by more than 45%, Alcoa employees participated in 275 community service projects during the two-month global volunteering initiative

Alcoa and Airbus Sign Multi-Year Supply Agreements For Leading Rolled and Extruded Products

2012-07-11

FARNBOROUGH, UK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has signed new multi-year supply agreements with Airbus for Alcoa’s leading aerospace aluminum sheet, plate and hard alloy extruded products utilizing Alcoa’s current, advanced-generation and aluminum lithium alloys. The agreements were signed this week at the Farnborough Air Show. Terms were not disclosed, but the agreements have a value of approximately US$1.4 billion over their life. Alcoa’s leading aluminum solutions will b

Alcoa Kawneer Products Shine Like All-Stars on Kansas City Stadium

2012-07-10

KANSAS CITY, Mo.--(BUSINESS WIRE)--Today, more than 11 million people will have their eyes on major league baseball and Kauffman Stadium in Kansas City, Missouri, renovated with Alcoa Kawneer architectural aluminum products, as it hosts the 83rd Annual All-Star Baseball Game. As the sixth oldest stadium in Major League Baseball, Kauffman Stadium, formerly known as Royals Stadium and home to the Kansas City Royals, undertook a $220 million renovation that incorporated several products from Alcoa'

Alcoa Reports $0.00 Per Share From Continuing Operations; Income Of $0.06 Per Share Excluding Special Items

2012-07-09

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today reported $0.00 earnings per share, based on a loss from continuing operations of $2 million, which includes special items of $63 million. Excluding the impact of special items, income from continuing operations was $61 million, or $0.06 per share. The company reported strong revenue of $6.0 billion, solid free cash flow and lower debt despite a 4 percent decline in realized aluminum prices sequentially and 18 percent year-on-year. “Alcoa maintaine

Alcoa to Host Webcast of Second Quarter 2012 Results

2012-07-03

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) will hold a conference call on Monday, July 9, 2012 beginning at 5:00 p.m. (Eastern Time) to discuss second 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 Financial O

Alcoa to Sell Tapoco Hydroelectric Project to Brookfield Renewable Energy Partners

2012-06-29

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has reached an agreement to sell its 351-megawatt Tapoco Hydroelectric Project to Brookfield Renewable Energy Partners. Tapoco is a four-station hydroelectric project located on the Little Tennessee and Cheoah Rivers in eastern Tennessee and western North Carolina, and is operated by Alcoa Power Generating Inc., a wholly owned subsidiary of Alcoa. The transaction will include the four generating stations and dams, 86 miles of tra

Alcoa Wins International Innovations in Diversity Award

2012-06-27

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named one of the Top 10 International Innovations in Diversity Award winners by Profiles in Diversity Journal. The award honors corporations, organizations and institutions that have demonstrated unique, out-of-the box thinking and developed innovative solutions that offer measurable outcomes in the area of workforce diversity and inclusion. Alcoa and Alcoa Foundation were recognized for their commitment to diversity and inclusion, investments

Alcoa’s ColorKast™ Die Cast Technology Used by Samsung; More Consumer Electronic Manufacturers Set to Use Breakthrough Product

2012-06-26

PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced the first commercial success of its ColorKast™ technology in the consumer electronics market. As a result of this innovative technology, Alcoa can produce color anodizable aluminum die cast components with high-end cosmetics. The first use of the ColorKast™ technology appears on Samsung’s new digital camera NX210 and other consumer electronic OEMs are preparing to apply this technology to their products. ColorKast™ is a breakthrough al

Alcoa Foundation Celebrates 15 Years of Environmental Education with The Keystone Center

2012-06-25

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation announced today that it is sponsoring 30 teachers from across the U.S. and Canada to attend the nationally accredited Key Issues Institute in Silverthorne, Colo. Through a partnership with The Keystone Center, a nonprofit organization that prepares leaders with the skills they need to resolve society’s most challenging problems, teachers who attend the program spend one week of their summer break exploring local environmental issues in an outdoor class

Alcoa Salutes Tesla on the Launch of All-Aluminum Model S

2012-06-22

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today saluted Tesla Motors on the introduction of the Tesla Model S electric vehicle, an all-aluminum premium sedan that accelerates from 0 to 60 miles per hour in 5.6 seconds, with zero tailpipe emissions. The body of Model S is a state-of-the-art, aluminum-intensive design. Weight-saving benefits make aluminum a natural choice. Stamped sheets of aluminum, extrusions, and castings are expertly joined for rigidity and strength. A rigid and strong struc

Alcoa Vice President Donna Dabney Honored with 2012 Women of Power & Influence Award by National Organization of Women-NYC

2012-06-22

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) Vice President Donna Dabney was selected as one of the 2012 Women of Power & Influence Award honorees by the National Organization for Women- NYC, during an event held yesterday at the Hilton New York. Dabney was recognized for her accomplishments as a leader and role model for women in corporate law. In its 24th year, the awards recognize leaders who excel within their own industry and actively pave the way for other women to succeed. Dabney has be

Alcoa Receives Two Awards for Aluminum Excellence

2012-06-13

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) was recognized with two awards for aluminum excellence yesterday at the American Metal Market 2nd Annual Aluminum Summit held in New York. Alcoa was the recipient of an Innovation Award for its next-generation of aluminum-lithium alloys for the aerospace industry. The award was accepted by Eric Roegner, President of Alcoa Forgings and Extrusions, and Mark Vrablec, President of Alcoa Aerospace, Transportation and Industrial Products. Together, Roegner an

Alcoa Kawneer and AIAS Announce 2012 Student Design Competition

2012-06-13

NORCROSS, Ga. and WASHINGTON--(BUSINESS WIRE)--Alcoa's Kawneer business and The American Institute of Architecture Students (AIAS) announce today the Enlightening Libraries: Student Design Competition. Sponsored by Kawneer and administered by the AIAS, this competition will challenge students to redesign a dated public library that is an effectively urbanized, collaborative community space appealing to all generations and integrating the most recent technologies. Total prize money is $7,750, inc

Christian Jepsen to Join Alcoa as Vice President, Corporate Development

2012-06-07

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Christian Jepsen will join Alcoa as Vice President, Corporate Development this summer. He will be responsible for developing and implementing Alcoa's portfolio growth strategies, including merger and acquisition, and divestiture activities. Jepsen will also serve on the Alcoa Executive Council, the senior leadership team that sets strategic direction for the company. Jepsen comes to Alcoa from FLSmidth, a global engineering company

Ma’aden Alcoa Joint Venture Achieves Significant Safety Milestone

2012-05-31

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and the Saudi Arabian Mining Company, Ma’aden have recorded a major safety milestone during construction of their aluminum smelter at Ras Al Khair, in Saudi Arabia: 25 million hours worked without a lost work day injury. Part of the fully integrated aluminum complex being developed jointly by Ma’aden and Alcoa, the 740,000-metric-ton-per-year smelter is scheduled for completion in 2013. The lost work day accomplishment was achieved by 39 construction co

Alcoa Bauxite Mine Reforestation Done in a Natural Way

2012-05-30

NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) is using a new, natural method for reforestation at its Juruti bauxite mine in Brazil that is efficient, cost effective and sustainable. The technique is based on the theory of nucleation, where small dense nuclei of plants and animals facilitate the arrival of other species. At Juruti, birds and other elements of nature are helping recover the soil rather than traditional reforestation, which works the soil and then plant saplings. “The nucleation meth

Alcoa Foundation Contributions Exceeded US$21 Million in 2011

2012-05-30

NEW YORK--(BUSINESS WIRE)--Alcoa Foundation contributed more than US$21 million last year in support of the environment, education, volunteerism, and other important projects according to its 2011 annual report released today. Alcoa Foundation is committed to bring about meaningful and systemic improvements in environmental and social sustainability by focusing on improving the environment and educating and preparing individuals for careers in Science, Technology, Engineering, Math (STEM) and ma

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