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Alcoa Selected One of the World's 100 Best-Managed Companies by INDUSTRYWEEK magazine CLEVELAND, OHIO--August 15, 2000--
Alcoa is one of INDUSTRYWEEK'S 100 Best-Managed Companies as chosen by
editors at IW and a panel of international experts. The report will
appear in the August 21, 2000, issue of INDUSTRYWEEK.
Candidates for INDUSTRYWEEK'S 100 Best-Managed Companies were culled
from the INDUSTRYWEEK 1000, a list of the world's largest publicly held
manufacturing companies based on revenues. Waltham, Mass.-based Primark
Corp. supplied the data for the IW 1000, which was published in June.
Each company was selected after a lengthy evaluation that included the
following four steps: analysis of the company's financial performance;
review of a questionnaire that each IW 1000 company was given an
opportunity to complete; research into each company's practices in areas
such as philanthropy and safety; and voting by a panel of more than 90
business leaders, analysts, and academicians.
"INDUSTRYWEEK'S 100 Best-Managed Companies are the world's leaders in
innovative management strategies," says John Brandt, publisher and
editor-in-chief of IW. "Their emphasis on long-term growth makes them
models for every corporation."
Twenty companies on the IW list in 1999 do not appear on the list this
year. Seventeen companies appear for the first time. Twenty-four
companies appear for the second time, 17 for the third time, and seven
for the fourth time. Thirteen countries are represented. The top three
are the U.S. with 74; Japan, six; and Germany, four.
INDUSTRYWEEK magazine is exclusively dedicated to covering the
complexities of managing a manufacturing company in today's New Economy.
for senior management and has more than 850,000 readers.