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| October 24, 2000
Alcoa Announces Plan to Build Wheel Plant
Joetsu City, Niigata Prefecture, Japan--October 24, 2000--
Alcoa announced that construction has started on a new forged aluminum
commercial vehicle wheel plant located in Joetsu City, Niigata
Prefecture, Japan. The plant is expected to be operational by third
quarter 2001 and will be part of Alcoa Wheel Products Japan Ltd.
The new plant will produce polished aluminum wheels for the Japanese
commercial vehicle market. The plant is being constructed in response to
increased demand for Alcoa truck and bus wheels in Japan and will
provide improved supply reliability and high-quality aluminum wheels to
customers. Total employment at full capacity, which is expected to be
reached in late 2002, will be approximately 90 people.
Joetsu City was chosen, in part, because it is the first city in Japan
registered by ISO 14000, the environmental defacto-standard. The wheel
plant will be located at the Joetsu Techno Center, which is owned by
Mitsubishi Chemical Corp. Michael P. Swain, has been named president of
Alcoa Wheel Products Japan Ltd., headquartered in Tokyo. He was formerly
vice president of sales and marketing, Alcoa Wheel Products, Cleveland,
Ohio, USA.
"The manufacturing approach used at the new facility will be the Alcoa
Business System, which is modeled after the Toyota Production System,"
said Swain. "Alcoa has adopted this system worldwide to increase our
reliability and responsiveness to our customers."
Alcoa Wheel Products Japan, Ltd. also plans to expand its sales and
technical service staff in Tokyo to help support the anticipated demand
for bright, polished Alcoa truck and bus wheels.
By offering its lightweight forged aluminum wheels to the region's
commercial truck and bus industry, Alcoa will help customers meet recent
Japanese government and industry initiatives aimed at reducing the
weight of commercial vehicles. Alcoa wheels are tough, durable, require
no painting and very little maintenance, and provide an easy solution to
vehicle weight reduction requirements, as well as a beautiful bright
polished appearance for image enhancement.
Alcoa Wheel Products Japan Ltd. is part of the Alcoa Wheel and Forged
Products business unit (BU) headquartered in Cleveland, Ohio, USA. The
BU manufactures forged aluminum wheels for the heavy truck industry,
forged and cast wheels for the automotive industry, and forged aluminum,
titanium and nickel-based alloy parts for aerospace and industrial
applications.
Alcoa Inc. is a producer of primary aluminum, fabricated aluminum and
alumina. It is active is all major segments of the industry, including
mining, refining, smelting, fabricating and recycling. Alcoa has more
than 300 locations in 36 countries. Revenues for 1999 were $16.3
billion.
Contact:
Hideki Yamada
Director, General Manager of Sales & Marketing
Alcoa Japan Ltd.
81-3-3287-1701
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