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Distribution and Other
20.1% $4.6 billion
Alcoa segments that sell products to this market: Flat-Rolled Products, Engineered Products, Other
 Alcoa's revenues in this market principally come from sales of aluminum sheet, plate and extrusions to distributors. "Other" includes sales of products and services for telecommunications and power generation.
In November, Alcoa and Billiton formed a North American metals-distribution 50-50 joint venture that combines Alcoa's Reynolds Aluminum Supply Co. (RASCO) with Billiton's Vincent Metal Goods in the U.S. and Atlas Ideal Metals in Canada. RASCO will not be included in revenues here next year.
A sharp downturn in the telecommunications market reduced the pace of fiber optic construction projects, one of the markets served by AFL. Current construction activity is roughly at pre-1999 levels.
Engineering News Record reports a sharp rise since 1999 in U.S. demand for power generating capacity, which historically increases 2.5 — 3% a year. Alcoa's Howmet is the leading worldwide producer of hot-section components for gas turbine engines used in power generation. While the rate of new demand may slacken in 2002, the large base of installed equipment will begin to need replacement parts. Howmet is in position to be a leading supplier.
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