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New Efficiencies Should Help Alcoa as Recession Lifts
Andrew Leckey

The world's largest aluminum producer has positioned itself to benefit from a global economic recovery but in the meantime must cope with low and uncertain prices for that metal.

Lightweight Alcoa Architectural Panels Enhance New Air Traffic Control Tower at New York’s LaGuardia Airport
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that the new 233-foot tall air traffic control tower at New York's LaGuardia Airport, one of the busiest airports in the United States, is clad in Alcoa's lightweight Reynobond® aluminum composite material panels. The Federal Aviation Administration and the Port Authority of New York and New Jersey commissioned Jacobs of Arlington, Virginia, to design a new, modern air traffic control tower for LaGuardia Airport to replace the existing a

Ma’aden-Alcoa JV Chooses Wagstaff to Supply Critical Casting Technology to Serve New Smelter and Region’s First Can Sheet Rolling Mill
MONTREAL--(BUSINESS WIRE)--The Ma’aden-Alcoa joint venture has selected Wagstaff, Inc. to supply the joint venture’s vertical direct chill casting complex with t-ingot, rolling ingot, and extrusion billet casting equipment. The contract includes capital equipment and technology to produce aluminum rolling ingot and extrusion billet at the casting complex, currently under construction and scheduled to start production in 2013 in Ras Az Zawr, Saudi Arabia. The greenfield smelter and rolling mill c

Alcoa Kicks-Off Cheoah Dam Modernization Project
ROBBINSVILLE, N.C.--(BUSINESS WIRE)--Alcoa (NYSE:AA) today kicked off a $110 million modernization project at Cheoah Dam, one of four hydroelectric dams that make up Alcoa Power Generating Inc.’s Tapoco Project. The modernization effort will increase the dam’s efficiency and energy output and increase the life of the dam by at least another 40-50 years. “Hydropower is clean, renewable, reliable and efficient,” said Rick Bowen, Alcoa Energy President. “These attributes equal sustainability – sust

Alcoa Executive Serves as Mentor in Young Leaders Program for College STEM Students
HOUSTON--(BUSINESS WIRE)--Mary Zappone, President of Alcoa Oil and Gas, was one of the leading female executives from FORTUNE 500 companies who served as mentors this year to a promising group of young college women participating in the intensive, National Math and Science “Young Leaders Program.” The program is designed to provide role models for students majoring in STEM subjects (science, technology, engineering, and math), and is a collaboration among FORTUNE magazine, the National Math and

Alcoa Announces Expiration and Final Results of Tender Offer for 2012 and 2013 Notes
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) announced today the expiration and final results of its Maximum Tender Offer, which is its tender offer to purchase for cash up to the Maximum Tender Amount (as described below) of its outstanding 6.00% Notes due 2012 and its 5.375% Notes due 2013. As of 5:00 p.m., ET, on August 23, 2010, the expiration date for the Maximum Tender Offer, the aggregate principal amount of 2012 Notes tendered and not withdrawn was $194,854,000, representing 37.71% of

Chris Ayers Elected Executive Vice President of Alcoa, Chief Operating Officer for Alcoa’s Global Primary Products Business
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that its Board of Directors has elected Chris L. Ayers an Executive Vice President of the Company. Additionally, Ayers has been named Chief Operating Officer for Alcoa’s Global Primary Products business, effective immediately. “Chris has a proven track record for translating operational performance into sustainable financial outcomes,” said Alcoa Chairman and CEO Klaus Kleinfeld. “Since joining Alcoa earlier this year, he has quickly ma

Alcoa Names Kevin Anton Chief Sustainability Officer
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Kevin J. Anton has been named Chief Sustainability Officer, responsible for developing a comprehensive strategy that integrates all of the Company’s sustainability efforts. Anton, who has led the Alcoa Sustainability Steering Committee for the past year, comes to his new role after serving as Vice President, Finance and Strategy, for Alcoa Global Primary Products. He will remain a Vice President of Alcoa and a member of the Company’

Classic New York Skyscraper Clad in Alcoa Architectural Building Material
NEW YORK--(BUSINESS WIRE)--Alcoa’s Reynobond® aluminum composite material was selected for the façade of 100 Park Avenue, the first retrofit building in New York City to receive LEED (Leadership in Energy and Environmental Design) Silver certification. 100 Park Avenue was one of the first steel and glass modern skyscrapers that transformed Park Avenue into a desirable business address. The SL Green Realty Corporation and Prudential Real Estate commissioned Moed de Armas & Shannon Architect o

Alcoa Announces Preliminary Results of Tender Offer for 6.00% Notes due 2012, 5.375% Notes due 2013 and Extension of Early Tender Date
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. announced today preliminary results of its Maximum Tender Offer, which is its tender offer to purchase for cash up to the Maximum Tender Amount (as described below) of its outstanding 6.00% Notes due 2012 and 5.375% Notes due 2013. As of the Early Tender Date, which was 5:00 p.m. ET on August 6, 2010, the aggregate principal amount of 2012 Notes tendered and not withdrawn was $188,053,000, representing 36.39% of the $516,709,000 aggregate principal amount of

Alcoa Fastening Systems Receives Best Supplier of the Year Award from KHI
TORRANCE, Calif.--(BUSINESS WIRE)--(NYSE:AA) - Alcoa Fastening Systems (AFS) was recently recognized as Best Supplier of the Year by Japan’s Kawasaki Heavy Industries (KHI), Ltd. AFS was selected as one of only five companies to receive the award from KHI, in recognition of its outstanding performance in maintaining high quality; on-time delivery; and quick, responsible action throughout 2009. Craig Brown, VP of Global Aerospace Customers and Marketing for AFS said, “We are honored to receive th

Alcoa Announces Expiration and Final Results of Tender Offer for 6.50% Notes due 2011
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) announced today the expiration and final results of the Company’s tender offer to purchase for cash any and all of its 6.50% Notes due 2011. As of 5:00 p.m., ET, on August 2, 2010, the expiration date for the Any and All Tender Offer, the aggregate principal amount of 2011 Notes tendered in the Any and All Tender Offer was $253,412,000, representing 43.43% of the $583,467,000 aggregate principal amount of the 2011 Notes outstanding. All of the 2011

Alcoa Completes Traco Acquisition
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today it has completed the acquisition of privately held Traco, a premier maker of windows and doors for the commercial building and construction market. Traco is now part of Alcoa’s global Building and Construction Systems business. Terms were not disclosed. “We are excited about the growth potential that Traco brings to Alcoa,” said Glen Morrison, President of Alcoa Building and Construction Systems. “Together we will offer our expanded cus

Alcoa Wheels Launches CalcuLighter™ Version 2.0
CLEVELAND--(BUSINESS WIRE)--Alcoa Wheels today launched Version 2.0 of its innovative CalcuLighter™, the easy to use on-line tool designed to provide commercial vehicle fleet managers and owner-operators the kind of detailed information they need when making wheel buying decisions to lower operating costs, improve productivity and reduce greenhouse gases. CalcuLighter™ from Alcoa Wheels provides financial data with instant results for comparing steel and aluminum wheel alternatives. The tool cal

Alcoa Inc. Announces Pricing of $1 Billion Notes Offering
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) today announced the pricing of its public offering of $1 billion aggregate principal amount of 6.150% Notes due August 15, 2020. The offering is expected to close on or about August 3, 2010. Alcoa expects to receive aggregate net proceeds from this offering of approximately $993 million, after deducting underwriting discounts and estimated offering expenses. Alcoa intends to use the net proceeds from this offering together with cash on hand, if nec

Alcoa Commences Debt Offering, Announces Tender Offers to Enhance Maturity Profile of Company Debt
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) announced today it will seek to enhance the maturity profile of its debt through tender offers for several series of outstanding notes and a concurrent public offering of senior unsecured debt securities. In addition, the Company will repay debt maturing August 1, 2010 using cash on hand. Alcoa has commenced tender offers to purchase for cash: Any and all of its 6.50% Notes due 2011 (the “Any and All Tender Offer”); and Up to the Maximum Tender Amo

Alcoa Names Tony Thene CFO for Engineered Products and Solutions group; Graeme Bottger Elected Alcoa Controller
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that two senior finance executives will swap positions so each can broaden his experience within the global aluminum company. Effective August 1, Tony R. Thene, Alcoa Vice President and Controller, has been named Chief Financial Officer of Alcoa’s Engineered Products and Solutions business group (EPS), and Graeme Bottger, currently EPS Chief Financial Officer, has been elected to succeed Mr. Thene as Alcoa Vice President and Controller.

Alcoa Announces Second Quarter 2010 Dividend
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, 2010 to shareholders of record at the close of business on August 6, 2010 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable October 1, 2010 to shareholders of record at the close of business on September 10, 2010. Alcoa has paid a quarterly dividend on its common stock for more than 60 y

Alcoa’s Kawneer Business and AIAS Invite Students of Architecture and Design to Participate in 2010 Student Design Competition
WASHINGTON & NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa’s Kawneer architectural aluminum building and construction products business and the American Institute of Architecture Students (AIAS) invite architecture and design students to participate in the 2010 national student design competition. Sponsored by Kawneer and administered by AIAS, the competition challenges students to learn about building materials, specifically architectural aluminum building products and systems, in the design of a moder

Alcoa Reports Second Quarter 2010 Results
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced second quarter 2010 income from continuing operations of $137 million or $0.13 per share compared with a first quarter 2010 loss from continuing operations of $194 million, or a loss of $0.19 per share. First quarter 2010 results included restructuring and special charges of $295 million, or $0.29 per share. The second quarter of 2009 showed a loss from continuing operations of $312 million, or $0.32 per share including restructuring ch

Alcoa to Acquire Traco
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has agreed to purchase privately held Traco, a premier maker of windows and doors for the commercial building and construction market. Traco will become part of Alcoa’s global Building and Construction Systems business. Terms were not disclosed. “Traco’s strong brand and product lines are well known throughout the commercial building market and we look forward to helping the brand continue to flourish,” said Glen Morrison, President o

Alcoa Master Agreement Ratified
NEW YORK--(BUSINESS WIRE)--Alcoa announced today that a new four-year contract covering 5,400 employees at 10 Company locations in the United States has been ratified by members of the United Steelworkers (USW). “This new agreement is a good outcome for our employees, shareholders, customers and communities. We believe that this was a successful negotiations process, with contributions by both sides, and we are pleased that our employees ratified the contract,” said Mick Wallis, president of Alc

Meeting of Presidents with CEOs a Big Step Forward in U.S.-Russia Business Relations
WASHINGTON--(BUSINESS WIRE)--A meeting today of prominent CEO’s from the United States and Russia with Presidents Medvedev and Obama marked a major step forward in U.S.-Russian business relations. The meeting was held today as part of the summit between the U.S. and Russia. Alcoa Chairman and CEO Klaus Kleinfeld, who also serves as Chairman of the U.S.-Russia Business Council (USRBC), said: “This meeting was a unique moment in bilateral relations and I thank Presidents Medvedev and Obama, as wel

Couple Raises Money For Their Wedding Through Aluminum Can Recycling
PITTSBURGH--(BUSINESS WIRE)--With their wedding just over a month away, a couple in Spokane, WA has a special reason to celebrate. Thanks to help from Alcoa and people around the country, Peter Geyer and Andrea Parrish now have the money they need to pay for their wedding – all raised through recycling aluminum cans. The couple has collected 400,000 cans, worth about $3,800. The last of the aluminum cans – about 73,000 in all -- will be picked up from their home by United Recycling Services on J

JSC “United Shipbuilding Corporation” and Alcoa Inc. Sign Memorandum of Understanding
SAINT PETERSBURG, Russia--(BUSINESS WIRE)--Alcoa (NYSE:AA) Chairman and CEO Klaus Kleinfeld and United Shipbuilding Corporation President Roman Trotsenko, today signed a Memorandum of Understanding between the companies aimed at helping to develop the Russian ship building market and increasing the use of aluminum in Russian ship building. The signing took place at the St. Petersburg International Economic Forum. During preliminary consultations the parties defined potential areas for cooperatio

Protecting the Lives of Tomorrow’s Soldiers Requires Rapid Technology Transfer from Other Industries to Military Applications
NEW YORK--(BUSINESS WIRE)--Protecting the lives of tomorrow’s American soldiers requires rapid transfer of technologies from other industries to military applications, according to Alcoa (NYSE:AA) executive Dr. Eric (Rick) Winter. Speaking at the 47th Sagamore Army Materials Research Conference this week in St. Michaels, Md., Winter said, “The current climate of unconventional warfare is creating unprecedented stress on military systems and material. The need to deploy forces around the world at

Alcoa Joins Department of Energy Leader Initiative
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has committed to reducing the energy intensity of its downstream manufacturing operations in the United States by 25 percent by 2020 as part of the U.S. Department of Energy’s Save Energy Now Leader initiative. Save Energy Now is a national initiative aimed at reducing industrial energy intensity by providing U.S. companies with access to technical support and expertise to help them take steps toward becoming more energy efficient. “Alcoa has long recog

Severe Flooding Forces Temporary Idling of Alcoa’s Aviles, Spain Aluminum Smelter
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has temporarily idled its aluminum smelter in Aviles, Spain as a result of torrential flooding in the Asturias region of Spain late last week. The Aviles smelter has a production capacity of 93,000 metric tons per year. The Aviles smelter and surrounding region suffered severe flooding last week, including the electrical substation that supplies power to the smelter. The smelter will continue to be idled while clean-up from the floo

Alcoa and USW Reach Tentative Labor Agreement
CINCINNATI--(BUSINESS WIRE)--Alcoa (NYSE: AA) and the United Steelworkers (USW) have reached a tentative agreement on a new 4-year labor contract covering 5,400 workers at 10 manufacturing locations in the United States. The new agreement, subject to ratification by USW members, addresses the key issues identified in the negotiations which began on May 17. “We are pleased to have a tentative agreement that is both fair to employees and addresses our cost concerns,” said Mick Wallis, president of

Alcoa and Exal Win Prestigious DuPont Diamond Award for Packaging Innovation
PITTSBURGH & YOUNGSTOWN--(BUSINESS WIRE)--Alcoa Inc. (NYSE:AA) and Exal Corporation announced today that the lightweight, sustainable Coil-to-Can®, or “C2C”, aluminum bottle made from Alcoa’s bottlestock sheet and Exal’s C2C manufacturing technology won the top honor, a prestigious Diamond Award, in the 22nd annual DuPont Awards for Packaging Innovation. The DuPont Awards are the packaging industry’s longest running, independently judged competition, honoring packaging materials, technology and

USA Pavilion Signs On As Carbon Neutral Participant at Shanghai World Expo with Grant from Alcoa Foundation
SHANGHAI & NEW YORK--(BUSINESS WIRE)--At the USA Pavilion (USAP) of the Shanghai 2010 Expo, Secretary of State Hillary Rodham Clinton announced an Alcoa Foundation-sponsored initiative to off-set the Pavilion’s carbon footprint. Alcoa Foundation is contributing to the Shanghai Expo 2010 theme of a “Better City, Better Life” by partnering with USAP on its environmental sustainability strategy to be carbon-neutral throughout the event. The Alcoa Foundation-USAP carbon neutral commitment was announ

Alcoa Helps Launch Green Products Innovation Institute Founded on Cradle-to-Cradle Principles
MOUNTAIN VIEW, Calif.--(BUSINESS WIRE)--Alcoa, an early adopter of Cradle-to-Cradle (C2C) certification for its Kawneer architectural aluminum products, joined in the launch of the Green Products Innovation Institute (GPII), which took place yesterday at Google’s campus in Mountain View, California. The GPII is a nonprofit organization founded on the C2C program and principles defined by architect William McDonough and chemist Dr. Michael Braungart. California Governor Arnold Schwarzenegger deli

Alcoa Releases 2009 Sustainability Report, Outlines New Environmental Goals
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today published its 2009 Sustainability Report, the 8th consecutive year the company has reported its financial, environmental and social impact results. The 2009 report outlines the Company’s progress on the sustainability of its products, resources and operations. “We have long valued transparency in our company,” said William J. O’Rourke, Alcoa vice president for sustainability & environment, health & safety. “Since 1993 we have set goals and

Alcoa Names Paula Davis President, Alcoa Foundation
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has named Paula Davis President of the Alcoa Foundation, one of the largest corporate foundations in the U.S., effective May 10. She succeeds Meg McDonald, who resigned earlier this year to return to her native Australia. Alcoa Foundation plays a significant role in strengthening sustainability in Alcoa communities worldwide, investing over $515 million since 1952. The work of Alcoa Foundation is further enhanced by Alcoa’s thousands of employee volunte

Alcoa Announces Winners of 2009 Tier 1 Core Truckload Carriers Awards
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced the winners of its annual Tier 1 Core Truckload Carrier Awards Program. The program measures, acknowledges and rewards the performance of Alcoa’s Tier 1 U.S. and Canadian truckload carriers for providing exemplary service to Alcoa during 2009. Alcoa further recognized the best-in-class performers in this group. First time winner, Builders Transportation Company of Memphis, Tennessee, was honored for exceptional flatbed service. Remorqu

Alcoa Board of Directors Elects Klaus Kleinfeld Chairman, CEO
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that its Board of Directors has elected Klaus Kleinfeld, 52, as Chairman and Chief Executive Officer of the Company. Kleinfeld succeeds Alain Belda, 66, who previously announced his plans to retire from the Company after more than 40 years of service. The leadership change took place at Alcoa’s annual meeting of shareholders today. Kleinfeld has been a member of the Alcoa Board of Directors since 2003. He joined Alcoa as an executive i

Alcoa Announces First Quarter 2010 Dividend
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, 2010 to shareholders of record at the close of business on May 7, 2010 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable July 1, 2010 to shareholders of record at the close of business on June 11, 2010. Alcoa has paid a quarterly dividend on its common stock for more than 60 years. About Al

Chevrolet Selects Alcoa Forged Aluminum Wheels for 2011 Cruze Eco
CLEVELAND--(BUSINESS WIRE)--Alcoa Automotive Wheels, a division of Alcoa Wheel and Transportation Products, announced today that it has been awarded the wheel program for the 2011 Chevrolet Cruze Eco. The lightweight wheels help the vehicle to achieve outstanding fuel efficiency. Chevrolet recently announced a segment-leading estimated 40 mpg on the highway for the Cruze Eco when equipped with a manual six-speed transmission. “Alcoa is pleased to supply forged aluminum wheels for Cruze Eco. Clos

Alcoa Names Randall Scheps to Lead Company’s Consumer Electronics Market Development Team
NEW YORK--(BUSINESS WIRE)--Alcoa announced today that Randall Scheps, 42, is appointed to the newly created position of Director, Consumer Electronics Market Development. In this assignment, he is responsible for building Alcoa business globally in the fast-growing consumer electronics market. The appointment signifies Alcoa’s strong commitment to this growing market. Scheps joined Alcoa in 2006 in a marketing leadership role in ground transportation. He has degrees in engineering and business f

Alcoa Executive Highlights Aluminum’s Successes and Shares Bright Outlook
PITTSBURGH--(BUSINESS WIRE)--Once thought to have a limited future in aerospace, aluminum continues to innovate and offer competitive products for a wide range of both wide body and narrow body aircraft. That, and aluminum’s bright future, was the message Dan Goodman, director of marketing, Alcoa Aerospace, told attendees at the American Metal Market (AMM) Aerospace Materials Conference today in Pittsburgh. "A few years ago, the industry consensus was that composites were the default material of

International Study Confirms Aluminum Advantage
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today praised a new study concluding that lightweight, strong and infinitely recyclable aluminum is the best choice for reducing energy usage and emissions over an automobile’s lifecycle. The study was conducted as part of the Magnesium Front End Research and Development project, an initiative tasked with developing technologies to grow the use of magnesium in automobiles. The study concluded that utilizing aluminum results in lower lifecycle energy and

Diana Perreiah Named General Manager for Alcoa’s Kawneer North America Business
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa announced today that Diana Perreiah has been named General Manager, Kawneer North America, succeeding Glen Morrison, who recently was named President, Alcoa Building & Construction Systems. Kawneer Company, Inc., part of Alcoa’s Building & Construction Systems business unit, is the leading manufacturer of architectural aluminum products and systems for commercial construction. In her new role, Perreiah will be responsible for guiding the executive ma

Alcoa Reports 1Q 2010 Results
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced a first quarter 2010 loss from continuing operations of $194 million, or $0.19 per share, which includes restructuring and special charges of $295 million, or $0.29 per share. The results compare to a fourth quarter 2009 loss from continuing operations of $266 million, or $0.27 per share, and a first quarter 2009 loss from continuing operations of $480 million, or $0.59 per share. The $295 million in first-quarter charges, which are pri

Kleinfeld, Alcoa, Recognized for Service Leadership
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) President and Chief Executive Officer, Klaus Kleinfeld, was last night honored for his personal commitment to national service, receiving the 2010 Ripples of Hope Award from City Year New York. The Award recognizes Kleinfeld for his passion and dedication to community service and his commitment to building a positive future for all young people. Accepting the award at a gala New York ceremony in front of 500 corporate, community, and philanthropic leade

Webinar to Further Educate Naval Community on Use of Aluminum in Marine Applications
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that an upcoming webinar, featuring speakers from Alcoa Defense and ABS, a premier provider of marine and offshore classification services, will provide the naval community with an update on the latest aluminum ship technology for marine applications. The free one-hour webinar, Advantages of Aluminum in Marine Applications, will take place on Wednesday, April 14, at noon EDT. Naval architects, shipyards, marine original equipment manuf

NASA’s Friction-Stir Welded, Spun-Formed Tank Dome Debuts With Alcoa Aluminum Lithium
DAVENPORT, Iowa--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that its aluminum lithium plate is featured in NASA’s friction-stir welded, spun-form dome that makes its debut today at the Marshall Space Flight Center in Huntsville, Ala. Along with Lockheed Martin and MT Aerospace, Alcoa engineers were part of the consulting team providing materials expertise that helped to develop this groundbreaking technology – the first full-scale friction-stir welded and spun-formed tank dome designed for use i

Alcoa Dedicates Expanded Recycling Operations
ALCOA, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) today dedicated a $24 million expansion of aluminum can recycling capacity at the Company’s Tennessee Operations which will increase recycling capability by nearly 50 percent and help secure more than 100 jobs at the facility. “The aluminum can is the world’s most efficient package, largely because it can be recycled infinitely,” said Klaus Kleinfeld, President and CEO of Alcoa. “Today we are celebrating the successful

Alcoa Wins Inaugural Environmental Award
EVANSVILLE, Ind.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Warrick (Indiana) Operations has received the inaugural environmental award given during the annual Celebration of Leadership Awards sponsored by Leadership Evansville, an organization committed to community betterment. The awards recognize businesses, individuals and institutions that have made significant collaborative contributions to the community. Nominations are made by the public, and a diverse group of local lead

Alcoa Fastening Systems Simi Valley Receives Raytheon Supplier Excellence Award
TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems’ (AFS) Distribution/Logistics Center in Simi Valley, CA, was recognized with a Supplier Excellence Award for its quality and performance by Raytheon Integrated Defense Systems. Raytheon recognizes its suppliers based on three important factors: on-time delivery measures, sustained performance on quality, and commitment to continuous process and quality improvement. “Our products and services will provide an unprecedented leve

Alcoa and National Renewable Energy Lab Testing New Innovative Concentrating Solar Power System
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is jointly testing an advanced solar technology with the U.S. Department of Energy’s National Renewable Energy Lab (NREL), with the goal of making Concentrating Solar Power (CSP) technology competitive in the United States by lowering its cost to generate energy. NREL and Alcoa recently installed a new Alcoa-designed Concentrating Solar Power parabolic trough at NREL’s test facility in Golden, Colo., USA. The series

Advantages of Aluminum for Sustainable Transportation Outlined at Green Truck Summit
NEW YORK--(BUSINESS WIRE)--Medium and heavy duty commercial truck owners can increase the cargo capacity of their fleets, reduce fuel consumption and emissions, lower their maintenance costs and increase their resale value by using aluminum solutions, said an Alcoa executive who spoke today at CALSTART National Truck Equipment Association (NTEA) Green Truck Summit in St. Louis. Todd Summe, Division Manager, Product Design and Development at Alcoa, spoke at the session entitled, “Losing Wei

Alcoa Again Named Fortune Magazine’s Most Admired Metals Company
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has once again been named Fortune Magazine’s most admired metals company in the world. Alcoa has been named a most admired company for 27 years in a row. Fortune’s most admired ranking is the definitive report card on corporate reputation. The recognition appears in the March 22 “Global Most Admired Companies” issue of the leading U.S. business publication. In addition to being named the overall most admired in the metals industr

Marcos Ramos Named President, Alcoa Europe; Rudi Huber to Retire
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Marcos Ramos, 51, has been named President, Alcoa Europe effective March 8, 2010. He succeeds Rudi Huber, 56, who will retire after 29 years of service to Alcoa. Mr. Ramos will be responsible for coordinating the activities of all of Alcoa’s nearly 50 locations throughout Europe. In addition, he will continue as President, Global Primary Products – Europe, leading Alcoa’s smelters and refinery in Iceland, Italy, No

Alcoa Receives MCA Award for Distinctive Design of Los Angeles Performing Arts High School
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Alcoa Architectural Products (AAP) business received the Metal Construction Association’s President’s Award for Overall Excellence, an annual designation given for outstanding building projects. The MCA President’s Awards honors member companies, architects, contractors and fabricators that help achieve innovative, creative building design. AAP’s Reynobond® aluminum composite material was a key mat

New Power Contracts Create a Platform for the Future
AUSTRALIA--(BUSINESS WIRE)--Alcoa of Australia Limited and Loy Yang Power today announced new base-load electricity contracts to power Alcoa’s aluminum smelter at Point Henry, Geelong, and the Portland aluminum smelter to 2036. The contracts take effect in 2014 for the Point Henry (Geelong) smelter and in 2016 for the Portland facility. Alcoa of Australia’s Managing Director Alan Cransberg and Loy Yang Power Chief Executive Ian Nethercote agreed today’s announcement is a landma

Army Appoints Alcoa Defense to Fuel-Efficient Ground Vehicle Demonstrator (FED) Project
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been appointed by the U.S. Army Tank Automotive Research, Development and Engineering Center (TARDEC) to collaborate on the Army’s Fuel-Efficient Ground Vehicle Demonstrator (FED) project. In partnership with Ricardo Inc., Alcoa Defense will produce a tactical wheeled vehicle structure that significantly improves fuel efficiency while also maintaining survivability, performance and payload capability. “We are ho

Alcoa Participates in Product Lifecycle Greenhouse Gas Initiative
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is among 60 corporations pilot testing a draft protocol for accounting and reporting greenhouse gas (GHG) emissions across a product’s life cycle. The Greenhouse Gas Protocol Initiative is being launched by the World Resources Institute (WRI) and the World Business Council for Sustainable Development (WBCSD). WRI and WBCSD have developed two new GHG Protocol standards, the Product Life Cycle Accounting and Report Standard a

Alcoa Defense Introduces Innovative Huck 360 and Bobtail Fasteners
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it will offer two new fasteners for the defense market – the Huck 360 and the Bobtail. Offering an unmatched durability, the fasteners will be introduced for military vehicle applications at the Association of the United States Army (AUSA) Winter Symposium and Exhibition in Ft. Lauderdale, Fla. “We are excited to be able to offer the military these innovative new fastening solutions,” said David Dobson, president

Alcoa Defense Debuts New Armor Solution at AUSA Winter
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the development of a new aluminum alloy armor plate solution – C79A. Designed to better protect soldiers in combat environments, C79A will be introduced for military vehicle applications at the Association of the United States Army (AUSA) Winter Symposium and Exhibition in Ft. Lauderdale, Fla. “For more than a century, Alcoa has been the world leader in aerospace alloy innovation,” said David Dobson, president, Alcoa

John Thuestad Elected Alcoa Executive Vice President and Group President Global Primary Products; Bernt Reitan to Retire
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Board of Directors has elected John Thuestad, 49, Executive Vice President and Group President of Global Primary Products effective March 1, 2010. He succeeds Bernt Reitan, 62, who will retire after nearly 40 years working in the aluminum industry. Mr. Thuestad will have overall responsibility for the strategic and operational management of Alcoa’s alumina refineries and primary aluminum smelters worldwide. He also will ha

Alcoa to Provide Recycling Bins Throughout U.S.
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that it will provide 50,000 recycling bins to organizations and communities throughout the U.S. as part of its 2010 Recycling Bin Program. “Alcoa and the Aluminum Association have a goal of increasing the recycling rates of aluminum beverage cans in the U.S. from the current 54% to 75% by the year 2015,” said Greg Wittbecker, Alcoa Director of Recycling. “This bin distribution program is just one way that we’re

Colorful Alcoa Building Material Stands Out in Vancouver Olympic Village
NEW YORK--(BUSINESS WIRE)--Athletes participating in the 2010 Vancouver Olympic Games starting Friday in British Columbia will sleep, eat, and watch sporting events in buildings that include Alcoa’s energy–efficient, recyclable and colorful Reynobond® aluminum composite material (ACM). Athletes staying in the Olympic Village are housed in apartments that are clad in Alcoa Architectural Products’ Reynobond® ACM. The material, used on the facades of several buildings co

Alcoa and World Business Council for Sustainable Development Outline New Business Opportunities for Global Society to Be Sustainable by 2050
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) and a diverse group representing 29 leading global companies across 14 industries today called on businesses around the world to develop strategies that would enable a global population of some 9 billion people to live well within the resources of the planet by 2050. Alcoa and the World Business Council for Sustainable Development (WBCSD) are partnering to provide companies with a pathway to reach a sustainable global society by 2050. The Council today

Alcoa Achieves Top Marks in Covalence Ethical Reputation Ranking
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today it has achieved the top spot in the Basic Resources category in the latest Covalence Ethical Rankings, a comprehensive study of the overall ethical performance of multinational corporations. Covalence’s reputation index, distributed by Thomson Reuters, Bloomberg and Capital IQ, is a barometer of how multinationals are perceived in the ethical field. Alcoa has been rated No. 1 in this category since the ranking began in 2005. Across

Chris L. Ayers Joins Alcoa in New Position as Chief Operating Officer for Alcoa Cast, Forged and Extruded Products
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Chris L. Ayers has joined the company as Chief Operating Officer, Alcoa Cast, Forged and Extruded Products. This new position was created as part of the re-alignment of Alcoa’s Engineered Products and Solutions (EPS) business to accelerate its growth platform and to support corporate initiatives. Mr. Ayers will be responsible for the Alcoa Forgings and Extrusions, Alcoa Power and Propulsion, and the Alcoa Oil and Gas businesse

Alcoa Re-Aligns Engineered Products and Solutions Business to Accelerate Growth Initiatives
Alcoa organization changes

Alcoa Honored For Customer-Supplier Relationship by Crown Cork & Seal
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Rigid Packaging Division was awarded the “Supplier Join-In Award” from Crown Cork & Seal North America, for the second consecutive year. Alcoa supplies the packaging producer with aluminum can sheet from its Warrick (Indiana) Operations and Tennessee Operations. Crown created the Supplier Join-In Award to strengthen its customer-supplier relationships in many areas from innovation to quality performance. The awar

Alcoa Recognized by Honda For Quality
Honda Motorcycle of Brazil gives quality supplier award to Alcoa.

Alcoa Announces Dividend and Stock Contribution to Pension Plans
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, 2010 to shareholders of record at the close of business on February 5, 2010 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable April 1, 2010 to shareholders of record at the close of business on March 12, 2010. Alcoa has paid a quarterly dividend on its common stock for more than

Alcoa Defense Hails the Commissioning of New Aluminum Navy Littoral Combat Ship
WASHINGTON--(BUSINESS WIRE)--Alcoa Defense, the defense industry’s leading supplier of aluminum, titanium and other light alloys, today hailed the commissioning of the first General Dynamics Littoral Combat Ship (LCS), the USS Independence. Designed and built by a team led by General Dynamics and Austal USA in Mobile, AL, the ship’s all-aluminum trimaran hull allows it to be faster and more agile than a conventional Navy ship. The ship’s amahs, or side pontoons, provide buoyant

Alcoa Helping Couple Reach Wedding Goals Through Aluminum Can Recycling
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) will donate 150,000 aluminum cans – or 4,500 pounds - to help a Spokane, WA, couple achieve their dream of paying for their upcoming wedding through recycling. When Peter Geyer and Andrea Parrish agreed to marry, they knew they needed to raise the money to make their July wedding plans a reality. So they tapped into their desire to protect the environment, and started a campaign to recycle aluminum cans to pay for the ceremony. And when Alc

Alcoa Finishes 4Q 2009 Strong; Free Cash Flow Positive, Revenues Up 18%
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced it finished its fourth quarter 2009 free cash flow positive, the first such quarterly achievement since the second quarter of 2008 when the economic downturn began to impact results. The Company is ahead of its key financial goals for 2009, including being free cash flow neutral by the end of the year. In the fourth quarter of 2009, Alcoa generated free cash flow of $761 million, a $947 million improvement from the third quarter of 2009

Nicholas Ashooh Joins Alcoa as Vice President of Corporate Affairs
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Nicholas Ashooh, Senior Vice President of Communications at American International Group will join Alcoa on January 18, 2010 as Vice President, Corporate Affairs. He will be a member of the Alcoa Executive Council and have oversight for global communications, government affairs, community relations and the Alcoa Foundation. Mr. Ashooh succeeds John D. Bergen, who has been appointed Vice President, Human Resources. Alcoa’s Pres

Alcoa, BPA Reach Power Supply Accord for Intalco Smelter Helping Secure 528 Jobs
FERNDALE, Wash.--(BUSINESS WIRE)--Alcoa (NYSE:AA) and the Bonneville Power Administration (BPA) have reached an agreement to provide power for the Intalco aluminum smelter in Ferndale, Washington. The agreement will help secure 528 jobs at the facility, along with the associated economic benefits to the local and regional economy. The new contract provides Alcoa with up to 320 megawatts (MW) of power at the Industrial Power (IP) rate and will allow the plant to produce a total of 184,000 metric

Alcoa Announces Partnership with Ma’aden to Develop Lowest-Cost Aluminum Complex in the World
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has formed a joint venture with Ma’aden, the Saudi Arabian Mining Company, to develop a fully integrated, world-class aluminum industry in the Kingdom of Saudi Arabia. The joint venture will become the world's preeminent and lowest-cost supplier of primary aluminum, alumina and aluminum products, with access to the growing markets of the Middle East and beyond. In its initial phases, the joint venture will develop a fully integr

Alumar Alumina Refinery Expansion Dedicated
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has inaugurated the expansion of the Alumar alumina refinery in northern Brazil, where capacity more than doubled from 1.5 million metric tons per year (mtpy) to 3.6 million mtpy. Alcoa’s share of the expansion will be 1.1 million mtpy. The expansion capacity at the refinery will be in the first quintile of low cost alumina production globally. Alumar, located in Maranhão state outside São Luis, Brazil, is jointly owned by Alcoa Aluminio

Alcoa 2009 Worldwide Month of Service: Alcoa Employees Rally in Record Numbers for Their Communities
NEW YORK--(BUSINESS WIRE)--On International Volunteer Day, Alcoa President and CEO Klaus Kleinfeld congratulated the record 23,000 Alcoa employees who took part in the company’s 2009 Worldwide Month of Service - volunteering in 800 community events to support those in need and invest in the sustainability of our planet. The annual Worldwide Month of Service program brings together Alcoa’s global workforce to make a positive difference in the communities where they live and work ̵

Alcoa’s Kawneer Business Launches Make an Impact Environmental Program to Reduce Carbon Footprint; Invites Customers and Community to Participate
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa’s Kawneer business has joined together with the Pew Center on Global Climate Change to launch Make an Impact, an interactive environmental program designed to help individuals manage their carbon footprint and reduce energy costs. Kawneer is the first Alcoa (NYSE:AA) business to launch Make an Impact in North America. The Make an Impact program was initially developed for Alcoa employees and their families. Kawneer, building on its commitment to provid

Alcoa Executive Hails Aluminum’s Ability for Lightweight Automotive Design That Increases Fuel Efficiency and Reduces Emissions
DUSSELDORF, Germany--(BUSINESS WIRE)--Aluminum’s ability to offer automotive manufacturers’ lightweight design solutions that increase fuel efficiency and reduce emissions while contributing to performance, was the central theme of a presentation given by Dr.-Ing. Dietrich Wieser. Alcoa’s Director Business Development Ground Transportation Europe spoke at the European Aluminium Congress in Dusseldorf, Germany taking place November 23 and 24. Aluminum plays an important role in

Alcoa to Idle Smelting Operations in Italy While Appealing EC Ruling on Energy Tariff
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it will temporarily idle production at its two aluminum smelters in Fusina and Portovesme, Italy. The curtailment is a result of uncertainty in obtaining future power supply for the smelters at competitive rates and the financial impact of today’s European Commission (EC) decision that Italy’s extension of the existing electricity tariff after 2005 did not comply with European Union (EU) state aid rules and that a portion of

Alcoa Aluminum Soars with Ares, Time Magazine’s 2009 Invention of the Year
NEW YORK--(BUSINESS WIRE)--Alcoa aluminum plays a critical role in the future of NASA’s Ares rocket, named by Time magazine as the 2009 Invention of the Year. The rocket, which Time called, “The best and smartest and coolest thing built in 2009 — a machine that can launch human beings to cosmic destinations we'd never considered before…” depends on Alcoa’s aluminum-lithium alloys for the lightweight, strong plates used in the structure. Breakthrough aluminum-l

Alcoa Wheels Contribute to Environmentally Friendly Coca-Cola Distribution Trucks in Belgium
CLEVELAND--(BUSINESS WIRE)--Renault Trucks and Coca-Cola Enterprises Belgium (CCEB) are joining forces to reduce their environmental impact, and Alcoa wheels are playing a part. Renault Trucks is making a test vehicle with a hybrid propulsion system available to Coca-Cola Enterprises Belgium - a move which will speed up development of the Renault Premium Distribution Hybrys Tech by having it used under actual operating conditions. To make the vehicle even more environmentally friendly, it is equ

Alcoa Named One of Brazil’s Most Sustainable Companies
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) has been named one of Brazil’s Most Sustainable Companies by Exame magazine as part of the publication’s Sustainability Guide 2009. The twenty organizations included in the list – all considered “model companies” – were announced on November 11, during a recognition ceremony held in São Paulo, Brazil. Now in its 10th edition, the Guide is regarded as Brazil’s most respected corporate responsibility publicat

Alcoa’s Kawneer Architectural Aluminum Products Enhance Learning in an Environmentally Friendly Way
HOT SPRINGS, Ark.--(BUSINESS WIRE)--The Hot Springs Intermediate School, located in Hot Springs, Arkansas, may appear to be an everyday, two-story school. But in taking a closer look at the aluminum, glass and brick building it is apparent that there is much more to the building than meets the eye. Sustainability was a key factor in creating the new school. It was important that the Intermediate School incorporate solutions that help provide a healthy, productive learning environment, such as in

Alcoa to Rebuild, Enhance Forging Press in Cleveland
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that funding has been approved for the complete repair and refurbishment of its 50,000-ton forging press at the company’s Cleveland Works. The project will make Cleveland Works the world’s premier producer of large aluminum and titanium forgings for the defense, aerospace and industrial markets. “This could not have happened without the support of our employees, community leaders and leadership of United Auto Workers L

Alcoa Partners with His Royal Highness The Prince of Wales’ Rainforests Project
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is partnering with The Prince’s Rainforests Project (PRP), an environmental initiative started by His Royal Highness The Prince of Wales to protect the rainforests and tackle climate change. Alcoa joins with corporate, NGOs and other groups to support Prince Charles’ action to protect rainforests in advance of the international climate change meeting hosted by the United Nations in Copenhagen this December. Alcoa is a

Alcoa Highlights Sustainable Aluminum Design for Building and Construction Industry at Greenbuild 2009
NEW YORK--(BUSINESS WIRE)--Alcoa aluminum has always offered unique advantages for designing the shape, appearance and finish of modern buildings. Today it offers an even more important advantage: sustainability. That is what visitors to Alcoa booth (#1162) will see for themselves at the 2009 Greenbuild International Conference and Expo in Phoenix on November 10-12. The exhibit shows how aluminum products from Alcoa help architects optimize the physical environment by making buildings more energ

RUSNANO and Alcoa Sign a Memorandum of Understanding
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) President and CEO Klaus Kleinfeld and RUSNANO CEO Anatoly Chubais have signed a Memorandum of Understanding to explore opportunities for applying nanotechnology in the aluminum industry. The two companies have identified several promising technical and commercial fields to begin pursuing together. These include off-shore oil and gas drilling systems, high-efficiency power transmission, next-generation lighting, energy-efficient buildings and transportat

Alcoa and COMAC Explore Leading Technology Solutions for C919, China’s Largest Passenger Aircraft
NEW YORK & BEIJING--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Commercial Aircraft Corporation of China Ltd. (COMAC) today announced they are jointly exploring leading technology solutions for the design and development of China’s new, large passenger jet, the C919. Through a technology cooperation agreement, the two companies are examining advanced aluminum structural concepts, designs and alloys to create the 190-seat aircraft. “We are working closely with COMAC to develop a tailored sol

John Thuestad and Jean-Pierre Gilardeau Elected Vice Presidents of Alcoa
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its board of directors has elected John Thuestad, 49, and Jean-Pierre Gilardeau, 57, as vice presidents of Alcoa. Thuestad is Chief Operating Officer for Global Primary Products Worldwide, focusing primarily on reducing the cost of aluminum production within Alcoa’s worldwide aluminum smelters as well as reducing the cost of alumina production at its refineries worldwide. With the two new smelters Alcoa recently acquired in No

Alcoa Engineer Presents Sustainable Water Technologies at China America National Frontiers of Engineering Symposium
NEW YORK & CHANGSHA, China--(BUSINESS WIRE)--Natural water technology systems have enabled Alcoa (NYSE:AA) to decrease water usage and to return more clean water to the communities in which the company operates, said Rajat Ghosh, Ph.D., a senior project leader in Alcoa’s Environmental Science and Sustainable Technology Division. Speaking at the China America National Frontiers of Engineering (CAFOE) symposium held at Changsha University, Hunan Province, Ghosh explained Alcoa’s water

Daniel Cruise to Join Alcoa as Vice President – Public and Government Affairs
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that Daniel Cruise will join Alcoa as Vice President for Public and Government Affairs. He will oversee all global, national, state and local governmental and regulatory affairs and other public matters for the company. Daniel Cruise comes to Alcoa from the Albright Stonebridge Group where, as a Managing Director, he ran the firm’s New York office. At Albright Stonebridge, Mr. Cruise advised global businesses as they entered new ma

Alcoa Executive Emphasizes Aluminum Advantages for Commercial Vehicle Market at SAE Conference
NEW YORK--(BUSINESS WIRE)--Low weight aluminum offers real-world fuel economy and emissions benefits to manufacturers of commercial vehicles. That was the key message Todd Summe, Division Manager, Product Design & Development for Alcoa (NYSE:AA), told attendees at the SAE Commercial Vehicle Engineering & Exhibition held last week in Illinois. Summe participated in a panel discussion on sustainability issues representing the Aluminum Association’s Aluminum Transportation Group. "Wit

Alcoa Names 2009 Top Scrap Suppliers
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa North American Rolled Products (NARP) Scrap Purchasing announced today the Top Ten Scrap Suppliers, as we continue to apply the same high purchasing standards used with our supply base for the past five years. The suppliers are recognized as a result of their performance against key measurement criteria that focus on safety, quality, volume, and delivery. With this proven strategy, NARP Scrap Purchasing has been able to sustain our scrap purchasing requir

Alcoa Defense to Supply Aluminum Armor Kits to AM General
WASHINGTON--(BUSINESS WIRE)--Alcoa (NYSE: AA) announced today that it will supply aluminum armor kit components for AM General’s Expanded Capacity High Mobility Multipurpose Wheeled Vehicles (HMMWV ECV). The aluminum kits increase vehicle occupant protection while improving the vehicle's mobility, dependability and performance. “We look forward to strengthening our relationship with AM General by delivering innovative armor solutions for this critical program,” said David Dobso

World Issues of Energy and Environmental Concerns Dependent on Nanotechnology Breakthroughs, Says Alcoa Chief Technology Officer
MOSCOW & NEW YORK--(BUSINESS WIRE)--Nanotechnology breakthroughs will be essential in developing game-changing solutions to address world issues, such as energy shortages, environmental concerns and greater connectivity, said Alcoa (NYSE:AA) Executive Vice President and Chief Technology Officer Mohammad A. Zaidi at Rusnanotech ’09, the second international nanotechnology forum held in Moscow Oct. 6-8. “I believe that future growth drivers in business will focus on energy, environment

Alcoa Strengthens Cash Position and Returns to Profitability in Third Quarter
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced third quarter 2009 income from continuing operations of $73 million, or $0.07 per diluted share, compared to a loss from continuing operations of $312 million, or $0.32 per share, in the second quarter 2009. Income from continuing operations in the third quarter of 2008 was $306 million, or $0.37 per share. Excluding restructuring and special items, income for the third quarter 2009 was $39 million, or $0.04 per share. The third quarter

Alcoa Executive to Discuss Nanotechnology’s Role in Industry at Rusnanotech ‘09
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Dr. Mohammad A. Zaidi, executive vice president and chief technology officer – Alcoa, will discuss the role of nanotechnology in industry at Rusnanotech ’09, second international nanotechnology forum held in Moscow on Oct. 6. Dr. Zaidi will deliver his speech and take part in the panel discussion, “Nanotechnology in Manufacturing,” from 3 to 6:45 p.m. MSD tomorrow in Hall 3 of the Moscow Central Exhibition Co

Alcoa Executive to Discuss Aluminum’s Role in Sustainable Building Design at Metalcon International Conference and Exhibition
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Eddie Bugg, Director, Sustainable Solutions for Kawneer and Alcoa Building and Construction Systems, will discuss aluminum’s role in sustainable building design at METALCON International 2009 next week in Tampa, Florida. Bugg’s presentation, “Aluminum and Sustainable Building Design”, will be held on Monday, October 5, 2009, from 1:00 – 2:30 p.m. It is sponsored by the U.S. Aluminum Association, where h

2009 Alcoa Worldwide Month of Service: Alcoa Employees Prepare to Set New Volunteering Record
NEW YORK--(BUSINESS WIRE)--This month, Alcoa (NYSE:AA) employees across the globe are expected to set a new volunteering record, as close to a third of the company’s more than 60,000 employees gear-up to make a difference during the company’s annual Worldwide Month of Service. Now in its fourth year, Alcoa’s Month of Service is a month-long event that mobilizes Alcoa’s global workforce to make a positive impact in their local communities, while also recognizing employees

Alcoa Recognized for Recruiting and Retaining Diverse Workforce
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it is the first Metals and Mining company to achieve a top rating of 100 in the 2010 Corporate Equality Index and Best Places to Work Survey for its efforts in recruiting and retaining a diverse workforce. The index rates 590 businesses on a scale from 0 to 100 based on several criterion, including diversity training, transgender and partner health benefits and insurance, employer-sponsored and supported employee resource groups, an

Alcoa Foundation Joins Forces with GLOBE to Help Make Today's Youth Environmentally Aware
AMSTERDAM--(BUSINESS WIRE)--GLOBE Europe & Eurasia and the Alcoa Foundation today announced a joint program that will help enlarge GLOBE Europe's reach and impact by further developing its environment tracking network for European youngsters. Financial support for the program will be provided through a $76,000 donation from the Alcoa Foundation and will cover all European countries in which GLOBE currently is active. Measuring impact “GLOBE is all about creating environmental and susta

Alcoa Announces Third Quarter 2009 Dividend
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, 2009 to shareholders of record at the close of business on November 6, 2009 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable January 1, 2010 to shareholders of record at the close of business on December 11, 2009. Alcoa has paid a quarterly dividend on its common stock for more

Alcoa and Exal Combine Efforts to Promote Water Purification System New Technology to Be Unveiled at G-20 Summit
PITTSBURGH & YOUNGSTOWN, Ohio--(BUSINESS WIRE)--Alcoa (NYSE: AA), the world leader in the production and management of primary aluminum, and Exal Corporation, the world’s leading manufacturer of specialized aluminum packaging, have joined together to help promote newly developed water purification technology set to be introduced prior to the G-20 Summit. The event will be held at the Carnegie Science Center starting at 12:00 noon on Wednesday, September 23. With aluminum supplied by Alcoa,

Alcoa’s AWAC Opens Juruti Bauxite Mine in Brazil
NEW YORK--(BUSINESS WIRE)--As part of Alcoa’s (NYSE:AA) ongoing effort to continually move its global primary products operations down the cost curve, Alcoa today commissioned the opening of its new bauxite operations in Juruti, Brazil. The Juruti operations, which are part of the Alcoa World Alumina and Chemicals (AWAC) joint venture with Alumina Limited in which Alcoa holds a 60 percent share, consist of a port facility, a mine and a 50 kilometer rail system to the port. Initial output a

Alcoa Reestablishing an Ecosystem in Australia, One Million Plants at a Time
NEW YORK--(BUSINESS WIRE)--Alcoa’s (NYSE:AA) Australia Operations have been recognized by national and international organizations as a world leader in mine site rehabilitation for its long term management of the ecosystem. Once again, Alcoa has demonstrated its leadership after growing its one millionth plant at its state-of-the-art laboratory near Perth, Australia. Mine site rehabilitation is a complex and scientific process and some plant species, which need to be returned to the land d

Alcoa Bohai Sheet Business Inaugurated
BEIJING & NEW YORK--(BUSINESS WIRE)--A significant milestone was reached today for Alcoa's (NYSE:AA) growth in China with the inauguration of Alcoa Bohai sheet business at its plant in Qinhuangdao, China. Alcoa China now has the capacity to produce the highest quality aluminum sheet for the printing, transportation, electronics and packaging industries. During the inauguration ceremony that took place at the Bohai plant in Qinhuangdao, Klaus Kleinfeld, Alcoa President and Chief Executive Officer

Alcoa CEO Klaus Kleinfeld Named Chairman of U.S.-Russia Business Council
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that President and CEO Klaus Kleinfeld has been appointed Chairman of the U.S.-Russia Business Council (USRBC), effective September 25, 2009. Mr. Kleinfeld succeeds Neville Isdell, who is stepping down following his retirement as Chairman and CEO of the Coca-Cola Company. “There is great potential for cooperation between the U.S. and Russia in many areas, and business plays a key role in helping identify and generate opportunities

Alcoa Re-Aligns Global Primary Products Business to Sustain and Accelerate Improvements, Seize Growth Opportunities
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today a re-alignment of its Global Primary Products (GPP) business organization that will sustain and accelerate the many improvements the operations have made, and seize growth opportunities as the economy recovers. Effective immediately, John Thuestad, 49, has been named to the new position of Chief Operating Officer for GPP Worldwide, reporting to Bernt Reitan, Alcoa Executive Vice President and President GPP. Thuestad was formerly Presiden

Alcoa Named Component of Dow Jones Sustainability Index for Eighth Consecutive Year
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has been selected for the eighth consecutive year as a component of the Dow Jones Sustainability Indexes (DJSI). The DJSI follow a best-in-class approach and include sustainability leaders from industries worldwide and serve as an important guide for investors to assess a company’s sustainability portfolio. Selection to the indices is based on a thorough analysis of a company’s economic, environmental and social perfo

Alcoa Introduces New Web Tool that Compares the Economics of Aluminum and Steel Wheels for Truck Fleets
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Alcoa Wheel and Transportation Products business today introduced CalcuLighter™, http://www.alcoa.com/calculighter, an easy-to-use on-line tool, for truck fleet and owner-operators. CalcuLighter™ provides exact financial data comparing steel and aluminum wheel alternatives. Site visitors can quickly compare steel duals versus aluminum duals or wide base wheels, or aluminum duals compared to wide base, simply by ente

Alcoa Reinforces Its Pittsburgh Roots of 120 Years in Advance of G-20 Summit
PITTSBURGH--(BUSINESS WIRE)--Alcoa today announced initiatives to help Pittsburgh and the Company prepare for the G-20 Summit. The Company’s engineers are fixing the iconic fountain at Point State Park, Alcoa employee volunteers will clean up a 2-mile stretch of the Allegheny River and the Company is installing the Alcoa logo atop its environmentally-friendly building on the North Shore, These initiatives are intended to help make a positive first impression on the G-20 visitors as they en

Alcoa Completes Deal to Acquire Bauxite and Alumina Interests in Suriname
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced that Alcoa World Alumina LLC has completed its previously announced transaction to acquire BHP Billiton’s bauxite and alumina refining interests in

Alcoa Names Chief Legal and Compliance Officer
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the appointment of Nicholas DeRoma as Executive Vice President, Chief Legal & Compliance Officer, effective August 3, 2009. In addition to leading

Alcoa Partners with CIMC in China to Develop Energy-Efficient, Sustainable Aluminum Fuel Tanker Trailer
NEW YORK & CHINA--(BUSINESS WIRE)--Alcoa (NYSE:AA) and CIMC Vehicles (Shandong) Co., Ltd., a leading specialty truck manufacturer in China, announced today that they have formed a strategic partnership, to design and

Alcoa Celebrates 50 Years on the Dow at Ringing of New York Stock Exchange Opening Bell
NEW YORK--(BUSINESS WIRE)--Alcoa Chairman, Alain Belda, and CEO, Klaus Kleinfeld, rang the opening bell of the New York Stock Exchange (NYSE) this morning, commemorating Alcoa’s 50 years as a component of the Dow

Alcoa Announces Second Quarter 2009 Dividend
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, 2009 to shareholders of record at the close of business on

Alcoa Launches Seventeen-Inch Classic Dually Wheels
CLEVELAND--(BUSINESS WIRE)--Alcoa Automotive Wheels, a Cleveland, Ohio based business unit of Alcoa, Inc., today announced the extension of their Classic aftermarket catalog to include new seventeen-inch dually

Alcoa Second Quarter 2009 Results – Solid Cash Performance
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced it generated cash from operations in the second quarter of 2009 of $328 million, a $599 million improvement from the first quarter. This improvement was

Worldwide Accolade for Alcoa Technology
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that one of the world’s most prestigious engineering accolades has been awarded to Vince Dooley of Alcoa’s global refining research and development

Tim Myers to Lead Alcoa’s Wheel and Transportation Products Business
CLEVELAND--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that effective immediately Tim D. Myers, 43, has been named President, Alcoa Wheel and Transportation Products, with responsibility for forged wheels and

Alcoa’s Kawneer Business Introduces AA®3350 ISOPORT® Window Designed to Enhance Energy Efficiency
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that its Kawneer business, the leading manufacturer of architectural aluminum building products and systems for commercial construction, introduced its

Alcoa Names Kevin Kramer to New Position as President, Growth Initiatives
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Kevin B. Kramer, 49, has been named to the newly created position of President, Growth Initiatives. In this role, he is responsible for supporting

Alcoa Continues Penetration in Oil and Gas Market; Alcoa and Cameron Announce Joint Collaboration on Oil and Gas Projects
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has signed a development agreement with Cameron to commercialize aluminum drilling riser systems for offshore oil and gas exploration and

Alcoa Expands Position in Oil and Gas Market; Agrees to Purchase Intellectual Property from Noble for Welded Aluminum Risers
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has reached an agreement with Noble Corporation to acquire Noble’s intellectual property pertaining to welded aluminum risers used in offshore

Alcoa Russia’s Samara Plant Launches New Coating Line for Aluminum Sheet
SAMARA, Russia--(BUSINESS WIRE)--Alcoa Russia’s Samara Plant today commissioned a new state-of-the-art coating line for production of high-quality coated sheet used in the packaging market for aluminum soft drink

Alcoa Completes Divestiture of Wire Harness and Electrical Distribution Business To Platinum Equity
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has completed the divestiture of its wire harness and electrical distribution business to Platinum Equity, a California-based private equity

Alcoa Fastening Systems Expands into Casablanca, Morocco
TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) announced today that it is continuing its global growth strategy and has completed the acquisition of assets from Demicron SNC, which will be integrated

Matthew Garth Named Head of Alcoa Investor Relations
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced that effective immediately Matthew Garth, 35, has been appointed Director, Investor Relations. Mr. Garth was most recently Director, Alcoa Corporate Treasury,

AIAS and Kawneer Announce 2009 Student Design Competition
WASHINGTON & NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa, The American Institute of Architecture Students (AIAS) and Kawneer Company, Inc. announced today the fourth annual national student design competition. Sponsored by

Alcoa President and CEO Klaus Kleinfeld to Present at Sanford C. Bernstein Strategic Decisions Conference
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that Klaus Kleinfeld, President and CEO, will speak to investors and securities analysts at the 2009 Sanford C. Bernstein Strategic Decisions Conference on

Alcoa Supports the Illinois Army National Guard Recycling Program
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that more than 50 U.S. Army National Guard facilities in Illinois, through support from the Illinois Recycling Association, will enhance their recycling

Sustainable Architectural Aluminum Products From Alcoa’s Kawneer Business Contribute to Energy Efficiency of Children’s Hospital of Pittsburgh of UPMC
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that a range of its Kawneer architectural aluminum products are contributing to the “green” campus of the newly constructed $625 million

Alumina Production at Suriname Refinery to be Curtailed by 870,000 Metric Tons
PARANAM, Suriname--(BUSINESS WIRE)--Suriname Aluminum Company LLC (Suralco) today announced that production at the Paranam, Suriname alumina refinery was being curtailed by approximately 40% or 870,000 metric tons per

Alcoa Agrees to Sell Its Wire Harness and Electrical Distribution Business to Platinum Equity
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has agreed to sell its wire harness and electrical distribution business to Platinum Equity, a California-based private equity group. The terms of the

Alcoa, BHP Billiton Reach Agreement in Principle;  Alcoa’s Suralco To Acquire Joint Venture Interests of BHP Billiton in Suriname
NEW YORK--(BUSINESS WIRE)--Alcoa World Alumina LLC and Billiton Suriname Holdings B.V. have reached an agreement in principle where Suriname Aluminum Company LLC (Suralco), an Alcoa subsidiary, will acquire the bauxite

Alcoa Announces Winners of 2008 Tier 1 Core Truckload Carriers Awards
KNOXVILLE, Tenn.--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the results of its Tier 1 Core Truckload Carrier Awards Program for 2008. The award program recognizes a select group of Tier 1 U.S. and Canadian

Lamborghini Selects Alcoa Wheels for Murciélago LP 670-4 SuperVeloce
CLEVELAND--(BUSINESS WIRE)--Alcoa Auto Wheels has been selected by Automobili Lamborghini to supply lightweight wheels for the Murciélago LP 670-4 SuperVeloce (SV). The forged aluminum wheels reduce un-sprung

Alcoa Transportation Products Wins 2009 Automotive News PACE Award
CLEVELAND--(BUSINESS WIRE)--Alcoa Transportation Products was awarded a 2009 Automotive News PACE Award. The prestigious award recognizes automotive suppliers for superior innovation, technological advancement and

Alcoa Volunteers Set to Contribute to a More Sustainable Future
NEW YORK--(BUSINESS WIRE)--As the world celebrates Earth Day, fifteen Alcoa (NYSE:AA) employees are preparing to contribute to help unlock solutions to some of the biggest sustainability challenges of our time,

Alcoa Announces Ratified Contract Extension with UAW Local 1050
CLEVELAND--(BUSINESS WIRE)--Alcoa (AA) announced today that members of the United Auto Workers Local 1050 at the company’s Cleveland Works facility have ratified a two-year extension of their current labor

Alcoa’s 2008 Sustainability Report Details Commitment to Communities, Customers and Shareholders
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the release of its 2008 Corporate Sustainability Report, an annual account of the company’s global environmental, social, and economic performance. The

Alcoa Kawneer Introduces New Institutional Solutions Brochure Demonstrating Its Capabilities for Education, Healthcare and Public Buildings
NORCROSS, Ga.--(BUSINESS WIRE)--Alcoa’s Kawneer business, the leading manufacturer of architectural aluminum building products and systems for commercial construction, has introduced a new institutional solutions

Alcoa Reports 1st Quarter 2009 Results
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported a 27 percent sequential drop in revenue resulting in a loss of $480 million for the first quarter of 2009, reflecting the impact of the economic downturn on

NYPA, Alcoa Partner to Save Hundreds of Jobs at Massena, NY Operations Despite Major Production Curtailment
NEW YORK--(BUSINESS WIRE)--In an innovative example of a private corporation and a public entity partnering to retain jobs during the economic downturn, the New York Power Authority (NYPA) and Alcoa (NYSE:AA), the

Alcoa Completes Exchange with ORKLA ASA For 2 Norwegian Smelters and Anode Plant
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it has completed its exchange of stakes with ORKLA ASA for its Elkem Norwegian smelting partnership, which includes aluminum smelters in Lista and Mosjoen, as

Webinar Offers Energy-Saving Architectural Solutions
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that an upcoming webinar co-sponsored by Lawrence Berkeley National Laboratory and Alcoa’s Kawneer architectural aluminum products business will provide

Alcoa Announces Successful Pricing on Common Stock and Convertible Debt Offerings
NEW YORK--(BUSINESS WIRE)--Alcoa Inc. (NYSE: AA) today announced that it has successfully priced its public offerings of common stock and convertible notes. The offerings were made pursuant to the Company's

Alcoa Launches Innovative Wheel Line for Trucking Customers Facing Economic Downturn
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE: AA) today announced that its Commercial Vehicle Wheels business has launched an innovative new line of forged wheels using a new proprietary process that results in the

Alcoa Dura-Bright® Wheels Prominent at NASCAR Shelby 427
LAS VEGAS--(BUSINESS WIRE)--The NASCAR Sprint Cup Series Shelby 427 race held recently at Las Vegas Motor Speedway was led by a pack of Shelby pace cars fitted with forged aluminum wheels featuring Alcoa’s

Alcoa Takes Decisive Action: Cost Structure Improved and Liquidity Reinforced
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today a series of operational and financial actions to significantly improve the Company’s cost structure and liquidity. The operational actions will reduce

FORTUNE Names Alcoa Most Admired Metals Company
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) is the world’s most admired metals company according to Fortune magazine’s annual survey of the World’s Most Admired Companies. On newsstands starting

Alcoa Continues Commitment to Communities
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) and Alcoa Foundation have confirmed a continued commitment to corporate citizenship and community sustainability amidst the economic downturn, reporting 2008 community

Alcoa Continues to Reduce Greenhouse Gas Emissions in Primary Aluminum Production Through Operational Excellence
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it continues its leadership position on climate change by achieving a 36 percent reduction in total direct greenhouse gas emissions in 2008 from its

Alcoa Forms Strategic Cooperation Agreement with Henan Province in China on Aluminum Projects
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has formed a strategic cooperation agreement with the People’s Government of Henan Province in China to jointly establish world class

Exit of Shining Prospect to Improve Alcoa Balance Sheet
NEW YORK--(BUSINESS WIRE)--Alcoa today announced it is exiting the Shining Prospect special purpose vehicle formed together with Chinalco to purchase shares in Rio Tinto plc. Alcoa will receive a total of $1.021

Alcoa Inc. and Aluminum Corporation of China ("Chinalco") to Explore Strategic Ventures
BEIJING & NEW YORK--(BUSINESS WIRE)--Chinalco and Alcoa jointly announced today that the two companies intend to explore opportunities to expand their commercial relationship by identifying strategic ventures that will

Alcoa Sites Around the World Featured in Discovery Channel Program on How Aluminum is Made
NEW YORK--(BUSINESS WIRE)--When Discovery Channel wanted to better understand aluminum, one of the world’s most recyclable materials, for its new television series, “How Stuff Works,” they came to

Alcoa Fastening Systems Announces Successful Deployment of Trolley-Tray Fastener Kitting System
TORRANCE, Calif.--(BUSINESS WIRE)--Alcoa Fastening Systems (AFS) announced today the successful deployment of its unique Trolley-Tray fastener kitting system at the new Airbus A320 Final Assembly Line (FAL) in Tianjin,

Alcoa Again Named One of the World's Most Sustainable Corporations at Davos
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it was named as one of the most sustainable corporations in the world in the fifth annual Global 100 ranking of the top role models in sustainable

Alcoa Continues Leadership Position in International Ethical Reputation Ranking
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it has achieved the top ranking in the Basic Resource category of the 2008 Covalence Ethical Ranking, a methodology that gauges the reputation of

Alcoa Announces Dividend
NEW YORK--(BUSINESS WIRE)--The Board of Directors of Alcoa (NYSE:AA) declared (a) a quarterly common stock dividend of 17 cents per share payable February 25, 2009 to shareholders of record at the close of business on

Alcoa in Launch of USCAP Blueprint for Legislative Action, a Landmark Climate Protection Initiative
NEW YORK--(BUSINESS WIRE)--As a founding member of the U.S. Climate Action Partnership (USCAP), Alcoa (NYSE:AA) joined with other corporate and environmental organizations today in launching the Blueprint for

Alcoa, NY Governor Paterson, and NYPA Finalize Power Contract For Massena Operations
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today announced it hosted New York Governor David A. Paterson to celebrate finalization of a 30-year hydropower contract to supply the company’s two aluminum smelters

Alcoa Reports 4th Quarter 2008 Results
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE: AA) today reported its fourth quarter 2008 results which include the impact of an historic decline in metal prices; weak end markets; and restructuring, impairment, and other

Alcoa Taking Decisive Action to Address Economic Downturn
PITTSBURGH--(BUSINESS WIRE)--Alcoa (NYSE:AA) today detailed a series of specific actions to conserve cash, reduce costs and strengthen the Company’s competitiveness during the current economic downturn. Building

Alcoa: Worldwide: News Releases
Alcoa.com Worldwide News Releases.

 

Late Rally Lifts Dow Ahead of Jobs Data
Stocks spiked higher just ahead of the closing bell as investors positioned themselves ahead of Friday's marquee employment report. 2010 09 02 16:52

VIX Closed Below 24 Into the Jobs Report
The VIX closed at a 17-day low, down $0.72, at $23.18, into the August employment report. 2010 09 02 16:49

Late Push Lifts Dow Before Jobs
2010 09 02 16:11

Market Report -- In Play (AA)
Dow 30 (INDU) strength & weakness- Aluminum producer (AA) now leads all percentage gainers heading into today's final hour of trade INDU 5 Best % Performers:AA, HD, BA, GE, WMTINDU 5 Worst 2010 09 02 14:55

Tomorrow's Monster Stock
These promising companies were chosen by investors who've already picked stocks that beat the market handily. 2010 09 01 17:06

Job Market Reaches Rock Bottom
Say goodbye to pink slips. 2010 09 01 10:50

US STOCKS-Wall St set for higher open on China, Australia data
2010 09 01 08:56

US STOCKS-Futures up as economic worries ease, data on tap
2010 09 01 07:59

MSN Money News - AA
News about Alcoa Inc

 

Wall Street's All Smiles This Summer Day
Stocks rally Tuesday on a mix of encouraging economic and corporate data.

Targeting Companies That Pollute China's Waters
An coalition of NGOs is trying to hold electronics firms accountable for spates of heavy-metal poisoning.

Recovery Apartheid
Large businesses that are asset-rich are benefiting from our Sorcerer's Apprentice-like reflation policies. Anyone dependent on actual end-customer demand? Different story.

Recovery Apartheid
Large businesses that are asset-rich are benefiting from our Sorcerer's Apprentice-like reflation policies. Anyone dependent on actual end-customer demand? Different story.

Freeport-McMoRan Flies Past Expectations
Miner's Q2 earnings up 10.4% as copper prices don't fall as much as feared.

Handicapping The Dow's Earnings: Buy IBM, Microsoft
Eleven Dow components are reporting earnings this week. ValuEngine's indicators show that IBM, Microsoft and 3M are among those that signal "buy."

Market Heads Lower After Earnings Indigestion
A slew of earnings help at first to boost and then to sink the stock market.

Spotlight Spreads From BP Gusher To Financial Reform
Investors' focus is torn this week, which also includes a raft of earnigns reports, as stocks fight to pad recent gains.

Rising Tide Can't Lift All Materials Stocks
Analysts are mostly bullish on the sector after a sharp slide since April, but there are pitfalls to avoid.

ASML Eyes Growth On Rising Memory Demand
Dutch firm beats the Street thanks to growing demand.

Stocks Extend Rally, Barely
Intel earnings shine bright enough to outweigh drop in retail sales, somber tone from Federal Reserve.

Stacking Chips: ASML Lights Up The Quarter
The chip lithography outfit tops The Street's estimates thanks to strong demand.

Earnings Incite Optimism But Other Data Look Dimmer
Despite big earnings beats from marquee names like Intel and Alcoa, there is a lot more driving this market than rosy corporate reports and it's not all good.

Rally Fizzles As Retail Sales Trump Intel Impact
Earnings season's early returns are encouraging, but retail sales reading dulls enthusiasm.

Intel's Record-Breaking Earnings
Chipmaker blows past Street's profit forecast to report best quarter in its history.

Big Rally Sets The Stage For Intel
Investors eye chipmaker's latest earnings beat after the closing bell.

Let Somebody Else Buy Alcoa
We were out of the stock two years ago at $32, and we are in no hurry to return.

Alcoa's Beat Boosts Metals Stocks, Especially Steel
After a hardy quarter and a robust forecast, the spillover effect from Alcoa is a beneficial one for steel.

Earnings Season Off To A Fast Start
Stocks surge after Alcoa edges estimates.

Stocks Fly As Earnings Season Starts Strong
Major indexes cruise to opening gains after upbeat results from Alcoa, CSX Monday.

Alcoa Signals Recovery
After hours: Playboy rival plans to counter Hefner's bid; MBIA shares soar.

Don't Stand On The Tracks When CSX Is Coming Through
Railroad operator's profits bounce back toward pre-recession levels.

Alcoa Mines Better Demand To Beat Street
Aluminum producer tops expectations thanks to higher volume driven by improving end-markets.

Alcoa Beats By A Penny After Slow Day For Street
Major indexes post slim gains before aluminum producer narrowly tops expectations.

Stocks Hit Pause As Earnings Season Dawns
Major indexes languish with slim losses as investors turn the spotlight on Alcoa.

Forbes.com: aa
The latest Forbes.com news on the ticker aa.

 

NZ tycoon unwraps packaging ambitions with US deal
[AP] - The reclusive New Zealand billionaire buying the U.S. maker of Hefty brand trash bags to create the world's second-biggest packaging business started out as a tow truck driver and bounced back from the brink of bankruptcy more than a decade ago to become his country's richest person.

VIX Closed Below 24 Into the Jobs Report
[TheStreet.com] - The VIX closed at a 17-day low, down $0.72, at $23.18, into the August employment report.

Stocks Close Higher Ahead of Jobs Report

Late Push Lifts Dow Before Jobs

Stocks Extend Gains, Led by Retail

InPlay: Dow 30 (INDU) strength & weakness- Aluminum producer (AA) now leads all percentage gainers heading into today's final hour of trade

Base Metals Likely to Trade Rangebound

Tomorrow's Monster Stock

Key political risks to watch in the United States

Stocks enjoy best day in 8 weeks
[Reuters] - Wall Street posted its best day in eight weeks on Wednesday as investor mood brightened after better-than-expected factory data from the United States and China.

Stocks Close Over 2.5% Higher; Apple Gains

Manufacturing strength triggers broad-based US rally
[at Financial Times] - US stocks jumped on Wednesday as investors were cheered by better than expected manufacturing data from the US and China.

US STOCKS-Wall St soars on data, volume limited

Job Market Reaches Rock Bottom

Will Markets Defy 'Normal' September Logic?

Industrial Metals Stocks Soar On China Manufacturing, ISM Beat
[Indie Research] - The markets took off on Wednesday following reports that Chinese and domestic manufacturing growth increased for the first time in four months.

U.S. Futures Surge On Bullish Chinese Economic News

Key political risks to watch in the United States

Saudi Ma’Aden, Alcoa Venture Awards $277 Million in Contracts

When the Facts Change...

Yahoo! Finance: AA News
Latest Financial News for Alcoa Inc. Common Stock

 

Companies Wringing Huge Profits From Job Cuts
Having cut costs, employers want to keep profit margins high without rushing into hiring again.

Sales Rise, and Alcoa Posts Profit in Quarter
Despite a drop in aluminum prices, Alcoa reported that its sales in the first quarter increased 22 percent.

Alcoa Narrows Loss as Demand and Prices Rise
The first Dow company to report quarterly earnings, Alcoa said its revenue rose nearly 20 percent.

High Energy Costs and Dollar’s Decline Undermine Alcoa’s Profit
An increase in energy costs and the dollar’s decline against the euro and the Brazilian real hold down profit for the giant aluminum producer.

Alcoa Posted Profit for 3rd Quarter
Cost-cutting and higher aluminum prices helped the aluminum maker’s bottom line.

Alcoa Posts Loss as Demand Falls
The aluminum maker’s $454 million loss is the latest evidence of a drop in orders by crucial buyers in the aerospace, automotive and construction industries.

Alcoa Lost $497 Million in First Quarter
The company reported a loss of 61 cents a share on lower demand and price cuts, a greater loss than analyst expectations of 56 cents per share.

Alcoa Cuts Dividend by 82% as It Tries to Cut Costs
The aluminum producer is moving to trim spending in a bid to weather the steep downturn in demand for its product.

Alcoa Lost $1.19 Billion as 4th-Quarter Sales Fell
Alcoa’s loss highlighted the impact of the weakening world economy on key aluminum markets, including construction and autos.

Alcoa Plans to Close Plants and Trim Work Force
The aluminum maker said it would cut 13,500 jobs, 13 percent of its total work force, as well as slash spending and output to cope with the global economic slowdown.

Alcoa Profit Falls 52%; Buyback Plan Ends
One of the world’s largest aluminum producer, the company said it would conserve cash by suspending its stock buyback program and all noncritical capital projects.

Ice Free
Will global warming give Greenland its independence?

Alcoa Profit Tops Estimates After Price Rise
Alcoa, the aluminum producer, reported second-quarter profit that topped analyst estimates as the company raised prices.

Fed’s Concerns Contribute to Market Dip
Stocks slipped on Tuesday after disappointing first-quarter earnings reports, then fell further after minutes from the Fed’s March 18 meeting were released.

Alcoa’s Profit Drops 54% on Energy Costs and a Soft Dollar
Net income for the aluminum producer dropped to $303 million, or 37 cents a share, in the first three months of the year, compared with $662 million, or 75 cents a share, in the same period last year.

NYT > Alcoa Inc.