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Fortune 500 - Spot Number 79
Company Information
Name: Alcoa
Industry: Metal Mining
Description: Alcoa is the world's leading producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry. Alcoa serves the aerospace, automotive, packaging, building and construction, commercial transportation and industrial markets, bringing design, engineering, production and other capabilities of Alcoa's businesses as a single solution to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap® aluminum foil, Alcoa® wheels, and Baco® household wraps. Among its other businesses are vinyl siding, closures, precision castings, and electrical distribution systems for cars and trucks. The company has 129,000 employees in 38 countries.
Financial Summary: For the nine months ended 30 September 2005, Alcoa Inc.'s revenues increased 13% to $19.49B. Net income from continuing operations fell 1% to $1.02B. Revenues reflect higher primary metal prices and an increase in demand for aerospace & commercial vehicle products. Net income was offset by an increase in selling, general & administrative expenses, the presence of $300M restructuring & other charges and an increase in interest expense.
Business Summary: Alcoa Inc. (Alcoa) is a producer of primary aluminum, fabricated aluminum and alumina, and is active in all major aspects of the industry, including technology, mining, refining, smelting, fabricating and recycling. Non-aluminum products include precision castings, industrial fasteners, vinyl siding, consumer products, food service and flexible packaging products, plastic closures, and electrical distribution systems for cars and trucks. Alcoa's products are used in aircraft, automobiles, commercial transportation, packaging, consumer products, building and construction, and industrial applications. It has operations in 43 countries, with investments and activities in Australia, Brazil, China, Iceland, Jamaica, Russia and Trinidad. North America accounted for 64% of Alcoa's revenues while Europe accounted for 22% of its revenues in the year ended December 31, 2004. In December 2004, Alcoa sold its Aluminum Reynolds de Venezuela (Alreyven) to Topes Y Techos S.A., a Venezuelan Company.
Misc Details
Symbol: AA
City: Pittsburgh
State: PA
ZIP Code: 15212
Address: Alcoa Corporate Center
201 Isabella Street
Phone: 412-553-4545
Fax: 412-553-4498
Website: http://www.alcoa.com
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