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Alcoa: Worldwide: News Releases

Alcoa.com Worldwide News Releases.

Alcoa Foundation Presents Sustainability Awards to Young Talent at Intel ISEF 2012 Special Awards Ceremony
Thursday May 17th 2012 08:00:00 PM

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
Wednesday May 16th 2012 08:00:00 PM

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
Wednesday May 16th 2012 08:00:00 PM

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
Tuesday May 15th 2012 08:00:00 PM

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
Tuesday May 15th 2012 08:00:00 PM

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
Wednesday May 9th 2012 08:00:00 PM

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
Tuesday May 8th 2012 08:00:00 PM

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
Tuesday May 8th 2012 08:00:00 PM

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
Sunday May 6th 2012 08:00:00 PM

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
Wednesday May 2nd 2012 08:00:00 PM

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
Sunday April 29th 2012 08:00:00 PM

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
Monday April 23rd 2012 08:00:00 PM

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
Sunday April 22nd 2012 08:00:00 PM

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
Sunday April 22nd 2012 08:00:00 PM

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)
Sunday April 15th 2012 08:00:00 PM

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
Tuesday April 10th 2012 08:00:00 PM

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
Tuesday April 10th 2012 08:00:00 PM

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
Monday April 9th 2012 08:00:00 PM

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
Wednesday April 4th 2012 08:00:00 PM

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
Tuesday April 3rd 2012 08:00:00 PM

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
Wednesday March 28th 2012 08:00:00 PM

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
Tuesday March 27th 2012 08:00:00 PM

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
Tuesday March 20th 2012 08:00:00 PM

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
Monday March 19th 2012 08:00:00 PM

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
Monday March 19th 2012 08:00:00 PM

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
Sunday March 18th 2012 08:00:00 PM

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
Sunday March 18th 2012 08:00:00 PM

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
Thursday March 15th 2012 08:00:00 PM

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
Tuesday March 13th 2012 08:00:00 PM

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
Tuesday March 13th 2012 08:00:00 PM

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
Wednesday March 7th 2012 07:00:00 PM

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
Wednesday March 7th 2012 07:00:00 PM

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
Tuesday March 6th 2012 07:00:00 PM

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
Monday March 5th 2012 07:00:00 PM

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
Thursday March 1st 2012 07:00:00 PM

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
Thursday March 1st 2012 07:00:00 PM

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
Wednesday February 29th 2012 07:00:00 PM

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
Wednesday February 29th 2012 07:00:00 PM

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
Sunday February 26th 2012 07:00:00 PM

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
Monday February 20th 2012 07:00:00 PM

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
Tuesday February 14th 2012 07:00:00 PM

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”
Monday February 13th 2012 07:00:00 PM

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
Sunday February 12th 2012 07:00:00 PM

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
Thursday February 9th 2012 07:00:00 PM

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
Thursday February 2nd 2012 07:00:00 PM

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
Wednesday February 1st 2012 07:00:00 PM

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
Tuesday January 31st 2012 07:00:00 PM

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
Wednesday January 25th 2012 07:00:00 PM

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
Tuesday January 24th 2012 07:00:00 PM

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
Thursday January 19th 2012 07:00:00 PM

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
Tuesday January 17th 2012 07:00:00 PM

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
Thursday January 12th 2012 07:00:00 PM

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
Sunday January 8th 2012 07:00:00 PM

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
Sunday January 8th 2012 07:00:00 PM

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
Wednesday January 4th 2012 07:00:00 PM

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
Wednesday January 4th 2012 07:00:00 PM

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

Alcoa Names Sigurdsson President, European Region and Global Primary Products Europe
Monday December 26th 2011 07:00:00 PM

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

Davies Named President, Alcoa Global Business Services
Tuesday December 20th 2011 07:00:00 PM

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

Alcoa Fastening Systems Named 2010 Platinum Source Preferred Supplier
Monday December 19th 2011 07:00:00 PM

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

Alcoa Foundation Honors Helmut Wieser With Grant to The Manufacturing Institute
Monday December 12th 2011 07:00:00 PM

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

Alcoa Awarded Industrial Peace Prize by South Korea Province
Wednesday December 7th 2011 07:00:00 PM

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

Alcoa Continues as a Top Achiever on Corporate Equality Index for Third Consecutive Year
Wednesday December 7th 2011 07:00:00 PM

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

Girl Scouts of the USA Announces its 100th Anniversary Take Action Project Girl Scouts Forever Green with $1.5 Million Lead Gift from Alcoa Foundation and Partnership Support from EPA
Monday December 5th 2011 07:00:00 PM

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

Alcoa Announces Record Employee Volunteerism Rate
Sunday December 4th 2011 07:00:00 PM

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

Alcoa Participates in Better Buildings Roundtable at the White House
Thursday December 1st 2011 07:00:00 PM

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

Alcoa Receives Outstanding Philanthropic Corporation Award in Washington State
Monday November 21st 2011 07:00:00 PM

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

Alcoa Named Citizenship Award Honoree for Jamalco’s Mocho Greenhouse Farmer Training Program
Monday November 21st 2011 07:00:00 PM

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

Alcoa Recognized as a Model of Sustainability in Brazil
Wednesday November 16th 2011 07:00:00 PM

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

Alcoa, Embraer S.A. Sign Technology Sharing Agreement To Develop High-Performance Aircraft
Wednesday November 16th 2011 07:00:00 PM

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

Alcoa Names Kelly Pasterick Director Investor Relations
Monday November 14th 2011 07:00:00 PM

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

Alcoa Names William F. Oplinger Chief Operating Officer, Global Primary Products
Monday November 14th 2011 07:00:00 PM

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

Kay Meggers Appointed President, Alcoa Global Rolled Products, Succeeding Helmut Wieser
Sunday November 13th 2011 07:00:00 PM

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

Special Delivery! Alcoa to Load Sleigh with Holiday EverGREEN: a Tree Made of Recycled Aluminum Cans
Thursday November 10th 2011 07:00:00 PM

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

Alcoa Foundation Partners With Veterans Organizations to Support Our National Heroes
Thursday November 10th 2011 07:00:00 PM

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

Alcoa Develops New All-Aluminum Design for New BYD Electric Bus
Wednesday November 9th 2011 07:00:00 PM

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

Alcoa Holds Investor Day
Tuesday November 8th 2011 07:00:00 PM

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

Alcoa Announces Additional Details for Investor Day
Monday November 7th 2011 07:00:00 PM

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

Alcoa & Alcoa Foundation Provide Recycling Tools to Help Americans Protect the Planet and Earn Cash in Recognition of America Recycles Day, November 15
Sunday November 6th 2011 07:00:00 PM

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

Alcoa and the Government of Québec agree to New Development Program for Alcoa in Québec
Sunday November 6th 2011 07:00:00 PM

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

Alcoa Recognized as Corporate Champion by The Women’s Forum of New York
Tuesday November 1st 2011 08:00:00 PM

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

Alcoa to Hold Investor Day
Wednesday October 26th 2011 08:00:00 PM

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

Alcoa to Explore Development of Smelter In Angola
Wednesday October 26th 2011 08:00:00 PM

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

Alcoa Employees, City Year NY Corps and MS 424 Students Transform Lot into Urban Garden
Sunday October 23rd 2011 08:00:00 PM

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

Alcoa Names Michael Pepper, President, Power and Propulsion, Engineered Products and Solutions Group
Thursday October 20th 2011 08:00:00 PM

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

Alcoa Realigns Latin America Organization to Drive Growth
Sunday October 16th 2011 08:00:00 PM

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

Alcoa and Ma’aden Complete Aluminum Project Financing Agreements
Saturday October 15th 2011 08:00:00 PM

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

Alcoa Defense To Supply ArmX Aluminum Armor Kits To Oshkosh For HEMTT
Tuesday October 11th 2011 08:00:00 PM

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

Alcoa Third Quarter Revenue, Earnings Higher Than Year-Ago Quarter, Down Sequentially on Lower Prices and European Market Weakness
Monday October 10th 2011 08:00:00 PM

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

Alcoa Main Partner in New Center for Sustainable Development in Montreal
Wednesday October 5th 2011 08:00:00 PM

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

Alcoa to Welcome Joe Cahn, the Commissioner of Tailgating and Champion of Recycling, With Steelers Pep Rally October 7
Wednesday October 5th 2011 08:00:00 PM

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

Alcoa Foundation Honors Mohammad Zaidi with $25,000 Grant to Support the National Research Council
Tuesday October 4th 2011 08:00:00 PM

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

Alcoa to Host Webcast of Third Quarter 2011 Results
Monday October 3rd 2011 08:00:00 PM

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

Alcoa Announces Dividend
Thursday September 29th 2011 08:00:00 PM

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

Alcoa Employees Prepare to Volunteer During October for Worldwide Month of Service
Thursday September 29th 2011 08:00:00 PM

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

Alcoa and Becema Introduce New Aluminum Solution for Commercial Transportation Market in Russia
Wednesday September 21st 2011 08:00:00 PM

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

Alcoa and Alcoa Foundation Announce Commitments at 2011 Clinton Global Initiative Annual Meeting
Tuesday September 20th 2011 08:00:00 PM

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

Alcoa Reorganizes Midstream Businesses Around Five Key Markets to Accelerate Growth
Tuesday September 20th 2011 08:00:00 PM

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

Alcoa Named to Carbon Performance and Carbon Disclosure Leadership Indexes
Monday September 19th 2011 08:00:00 PM

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

Alcoa Names 2011 Top North American Scrap Aluminum Suppliers
Sunday September 18th 2011 08:00:00 PM

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

Alcoa to Invest Approximately $300 Million in Davenport, Iowa Plant, Add 150 Jobs as Automotive Demand Rises for Light, Strong, and Recyclable Aluminum
Wednesday September 14th 2011 08:00:00 PM

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

Alcoa Kawneer Wins Crystal Achievement Award for Most Innovative Curtain Wall Product
Wednesday September 14th 2011 08:00:00 PM

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

Alcoa (AA)

Alcoa: Worldwide: News Releases

Alcoa Foundation Presents Sustainability Awards to Young Talent at Intel ISEF 2012 Special Awards CeremonyThursday May 17th 2012 08:00:00 PM

Alcoa Leads Metals Sector in Fortune 500 Ranking; Moves Up in Overall RankingWednesday May 16th 2012 08:00:00 PM

Alcoa Groundbreaking Launches $90 million Aluminum Lithium OperationWednesday May 16th 2012 08:00:00 PM

Alcoa Brazil One of the Best Companies to Start a CareerTuesday May 15th 2012 08:00:00 PM

Ron Barin Elected Alcoa Vice President and Officer of the CompanyTuesday May 15th 2012 08:00:00 PM

Alcoa Among Top Ten Great Places to Work in MexicoWednesday May 9th 2012 08:00:00 PM

The Central Park Conservancy and Alcoa to Set a New Standard in Waste RemovalTuesday May 8th 2012 08:00:00 PM

Alcoa Releases 2011 Sustainability ReportTuesday May 8th 2012 08:00:00 PM

Alcoa Named One of China’s Top 100 Green CompaniesSunday May 6th 2012 08:00:00 PM

Alcoa Announces DividendWednesday May 2nd 2012 08:00:00 PM

Alcoa Will Host Webcast of Annual Meeting of ShareholdersSunday April 29th 2012 08:00:00 PM

Alcoa’s “Smog-Eating” Technology to Bolster Sustainability at New Electronics Recycling Hub in North CarolinaMonday April 23rd 2012 08:00:00 PM

Alcoa Promotes Mike Barriere to Vice President, Human Resources; Jack Bergen Becomes Vice President, Corporate ProjectsSunday April 22nd 2012 08:00:00 PM

Alcoa Named a Leader in Maplecroft Climate Innovation Indexes; Top Performer in Basic Materials CategorySunday April 22nd 2012 08:00:00 PM

Alcoa Provides Aluminum Amah Tips to Austal for Littoral Combat Ship USS Jackson (LCS 6)Sunday April 15th 2012 08:00:00 PM

Alcoa Appoints Max Laun Vice President and General Counsel; Announces Changes in Office of Corporate SecretaryTuesday April 10th 2012 08:00:00 PM

Alcoa Names Audrey Strauss Chief Legal OfficerTuesday April 10th 2012 08:00:00 PM

Alcoa Earnings Rebound Over Prior Quarter on Higher Productivity, Improved Market ConditionsMonday April 9th 2012 08:00:00 PM

Alcoa to Curtail Refining CapacityWednesday April 4th 2012 08:00:00 PM

Alcoa to Host Webcast of First Quarter 2012 ResultsTuesday April 3rd 2012 08:00:00 PM

Alcoa Foundation Awards Grant for the National Society of Black Engineers to Support Summer Engineering Program for Minority YouthWednesday March 28th 2012 08:00:00 PM

‘Alcoa Tweetup’ To Welcome National Society of Black EngineersTuesday March 27th 2012 08:00:00 PM

Alcoa Announces Winners of 2011 Core Truckload & Ocean Carrier AwardsTuesday March 20th 2012 08:00:00 PM

Alcoa Receives Fred Rogers Good Neighbor Award for Workplace VolunteerismMonday March 19th 2012 08:00:00 PM

Alcoa Fastening Systems Receives Prestigious Airbus AwardMonday March 19th 2012 08:00:00 PM

Alcoa Foundation Launches Global Engagement Program to Support Employee Wellness and Local CommunitiesSunday March 18th 2012 08:00:00 PM

Eaglets Begin Hatching At AlcoaSunday March 18th 2012 08:00:00 PM

Alcoa Foundation Helps Score a Win for Sustainability at 2012 Super BowlThursday March 15th 2012 08:00:00 PM

Alcoa Kawneer Business Introduces Its New InLighten® Light Shelf – a Versatile Solution That Enhances Energy SavingsTuesday March 13th 2012 08:00:00 PM

Alcoa Foundation Helps U.S. Schools Identify More Than 20 Million Pounds of CO2 SavingsTuesday March 13th 2012 08:00:00 PM

Alcoa's Innovation Advantage Presented to Top MBA StudentsWednesday March 7th 2012 07:00:00 PM

Alcoa Foundation Partners with Keep America Beautiful for Campus Recycling CompetitionWednesday March 7th 2012 07:00:00 PM

Alcoa Wins Navy Contract to Apply Advanced Manufacturing Techniques to ShipbuildingTuesday March 6th 2012 07:00:00 PM

Alcoa and Ma’aden Continue Developing Capabilities of Ras al Khair Complex in Saudi Arabia: Underline Commitment to Develop Downstream SectorsMonday March 5th 2012 07:00:00 PM

Alcoa Congratulates Boeing on 1000th 777 AirplaneThursday March 1st 2012 07:00:00 PM

Alcoa, Governor Branstad Break Ground on Automotive Expansion in Davenport, IowaThursday March 1st 2012 07:00:00 PM

Alcoa Named Most Admired Metals Company in the WorldWednesday February 29th 2012 07:00:00 PM

Eric Roegner Appointed President, Alcoa DefenseWednesday February 29th 2012 07:00:00 PM

Alcoa and Alcoa Foundation Annual 2011 Giving Totals $38 MillionSunday February 26th 2012 07:00:00 PM

Alcoa and CPI Finalize Agreement to Establish Joint Venture Company to Produce High-End Fabricated Aluminum ProductsMonday February 20th 2012 07:00:00 PM

Alcoa Joins A Billion + Change Campaign Mobilizing Companies to Increase Skills-Based VolunteerismTuesday February 14th 2012 07:00:00 PM

Alcoa's Kawneer Business and AIAS Select Design Competition Winners for “Crisis-Ready Stadium”Monday February 13th 2012 07:00:00 PM

Alcoa Celebrates the Redesign of Iconic Forging Press in ClevelandSunday February 12th 2012 07:00:00 PM

Aluminum is Ideal Choice for Naval DesignsThursday February 9th 2012 07:00:00 PM

Ma’aden Alcoa Aluminum Joint Venture Pours First Concrete for Middle East’s First Alumina Refinery at Ras al KhairThursday February 2nd 2012 07:00:00 PM

Alcoa Shines Bright at Super Bowl XLVIWednesday February 1st 2012 07:00:00 PM

Alcoa Foundation President Paula Davis Elected Vice President of AlcoaTuesday January 31st 2012 07:00:00 PM

Alcoa Defense Congratulates Austal USA on Christening of 127-Meter All-Aluminum LCS CoronadoWednesday January 25th 2012 07:00:00 PM

Alcoa Expanding Aluminum Lithium Capabilities to Meet Growing Aerospace Demand for Its Industry-Leading AlloysTuesday January 24th 2012 07:00:00 PM

Alcoa Announces DividendThursday January 19th 2012 07:00:00 PM

Sir Martin Sorrell Appointed to Alcoa’s Board of DirectorsTuesday January 17th 2012 07:00:00 PM

Alcoa Receives Gold Certification from the Brazil GHG Protocol Program for Transparent Emissions ManagementThursday January 12th 2012 07:00:00 PM

Alcoa Announces Fourth Quarter Loss on Charges Associated with Cutting High-Cost Smelting Capacity, Market WeaknessSunday January 8th 2012 07:00:00 PM

Alcoa Plans to Curtail Smelters in Italy and Spain as part of Global Primary RestructuringSunday January 8th 2012 07:00:00 PM

Alcoa to Close or Curtail 531,000 Metric Tons of Smelting CapacityWednesday January 4th 2012 07:00:00 PM

Alcoa to Host Webcast of Fourth Quarter and Full Year 2011 ResultsWednesday January 4th 2012 07:00:00 PM

Alcoa Names Sigurdsson President, European Region and Global Primary Products EuropeMonday December 26th 2011 07:00:00 PM

Davies Named President, Alcoa Global Business ServicesTuesday December 20th 2011 07:00:00 PM

Alcoa Fastening Systems Named 2010 Platinum Source Preferred SupplierMonday December 19th 2011 07:00:00 PM

Alcoa Foundation Honors Helmut Wieser With Grant to The Manufacturing InstituteMonday December 12th 2011 07:00:00 PM

Alcoa Awarded Industrial Peace Prize by South Korea ProvinceWednesday December 7th 2011 07:00:00 PM

Alcoa Continues as a Top Achiever on Corporate Equality Index for Third Consecutive YearWednesday December 7th 2011 07:00:00 PM

Girl Scouts of the USA Announces its 100th Anniversary Take Action Project Girl Scouts Forever Green with $1.5 Million Lead Gift from Alcoa Foundation and Partnership Support from EPAMonday December 5th 2011 07:00:00 PM

Alcoa Announces Record Employee Volunteerism RateSunday December 4th 2011 07:00:00 PM

Alcoa Participates in Better Buildings Roundtable at the White HouseThursday December 1st 2011 07:00:00 PM

Alcoa Receives Outstanding Philanthropic Corporation Award in Washington StateMonday November 21st 2011 07:00:00 PM

Alcoa Named Citizenship Award Honoree for Jamalco’s Mocho Greenhouse Farmer Training ProgramMonday November 21st 2011 07:00:00 PM

Alcoa Recognized as a Model of Sustainability in BrazilWednesday November 16th 2011 07:00:00 PM

Alcoa, Embraer S.A. Sign Technology Sharing Agreement To Develop High-Performance AircraftWednesday November 16th 2011 07:00:00 PM

Alcoa Names Kelly Pasterick Director Investor RelationsMonday November 14th 2011 07:00:00 PM

Alcoa Names William F. Oplinger Chief Operating Officer, Global Primary ProductsMonday November 14th 2011 07:00:00 PM

Kay Meggers Appointed President, Alcoa Global Rolled Products, Succeeding Helmut WieserSunday November 13th 2011 07:00:00 PM

Special Delivery! Alcoa to Load Sleigh with Holiday EverGREEN: a Tree Made of Recycled Aluminum CansThursday November 10th 2011 07:00:00 PM

Alcoa Foundation Partners With Veterans Organizations to Support Our National HeroesThursday November 10th 2011 07:00:00 PM

Alcoa Develops New All-Aluminum Design for New BYD Electric BusWednesday November 9th 2011 07:00:00 PM

Alcoa Holds Investor DayTuesday November 8th 2011 07:00:00 PM

Alcoa Announces Additional Details for Investor DayMonday November 7th 2011 07:00:00 PM

Alcoa & Alcoa Foundation Provide Recycling Tools to Help Americans Protect the Planet and Earn Cash in Recognition of America Recycles Day, November 15Sunday November 6th 2011 07:00:00 PM