Alcoa announced that Alcoa Chairman Alain Belda was honored by the Asia Society this week for his environmental leadership, including Alcoa’s progress to reduce GHG emissions and address global warming. In accepting the award, Mr. Belda said, “At Alcoa, we see global warming as the sustainability... Read more..
Alcoa announced today that its Kwinana alumina refinery in Australia was recognized for excellence in the Australian mining industry when it was named ‘Minerals Processing Plant of the Year’ at the annual Australian Mining Prospect Awards sponsored by Australian Mining, Australia’s premier mining... Read more..
Alcoa said it has set dates for the layoff of approximately 300 employees at its Rockdale, Texas, aluminum smelter where the company has idled half of its production. In addition, approximately 100 contract employees will be affected. The plant was partially shut in June 2008 because of ongoing supply... Read more..
Alcoa announced today that it is contributing to China’s commitment to a “green” Olympics by providing lightweight aluminum for transportation systems that will be used during the games and including its aluminum composite material on several new venues constructed especially for the 2008 Beijing... Read more..
Since the start of discussions with Mr. Kleinfeld about his taking a position with Alcoa, the company and its board have sought and received extensive information regarding the Siemens matter. Alcoa continues to monitor the situation, and believes no further comment or action is warranted or necessary... Read more..
The Board of Directors of Alcoa declared (a) a quarterly common stock dividend of 17 cents per share payable August 25, 2008 to shareholders of record at the close of business on August 8, 2008 and (b) a quarterly dividend of 93.75 cents per share on Alcoa’s $3.75 cumulative preferred stock payable... Read more..
Alcoa announced that its Alcoa Electrical and Electronic Systems (AEES) business has initiated a restructuring of its Honduran and Mexican operations serving the North American auto market as a result of continued market softness. In total, the workforce reduction across the Honduran and Mexican operations... Read more..
Alcoa announced that a permanent aluminum wheel display has been placed in the recently opened over-the-road transportation museum, America On Wheels, located in Allentown, Pennsylvania. On display is Alcoa’s popular Dura-Bright® with XBR™ wheel along with a timeline graphic which visually tells... Read more..
Alcoa announced that Alcoa Chairman Alain Belda was elected to the IBM board of directors, effective July 29, 2008. Alain Belda is chairman of Alcoa. Mr. Belda has a long, distinguished career at Alcoa joining the company nearly 40 years ago in its Brazilian affiliate, Alcoa Aluminio. He was elected... Read more..
Alcoa announced the release of its 2007 Corporate Sustainability Highlights, which details the company’s global environmental, social and economic performance and shows how sustainability is integrated into all aspects of our business. The report is available on line in the Sustainability section of... Read more..