Printer Friendly Version
In addition to www.alcoa.com, Alcoa is an active participant in and uses social media to communicate information about the company. Facebook, Twitter, YouTube and LinkedIn are powerful tools that allow us to connect with our customers, investors, potential employees and fans.
Alcoa on Facebook
Alcoa on LinkedIn
Alcoa on Twitter
AlcoaTV on Youtube
August 2, 2000
Alcoa Acquires Southern Plastics, Inc.
INDIANAPOLIS, Ind.--August 2, 2000--
Alcoa today announced it completed the acquisition of Southern Plastics,
Inc. Terms of the deal were not disclosed. Southern Plastics will become
part of Alcoa Closure Systems International (CSI), the Alcoa business
unit that produces aluminum and plastic closures for beverage markets.
"The acquisition of Southern Plastics, Inc. adds injection molding
technology and access to important food and personal care markets to
Alcoa CSI. It is an excellent fit with our overall strategy of offering
customers a 'systems approach' encompassing closures, application
machinery and technical service," said Ron Glah, President of Alcoa CSI,
on announcing the acquisition. "This acquisition brings together two
companies whose products and markets are perfectly complementary. By
adding new technology and new markets of Southern Plastics, we are
strengthening our reputation as a leader in closure design, application
and service excellence."
Jim Eggers, President of Southern Plastics, added, "Both the customers
and employees of Southern Plastics will immediately benefit from the
global resources and marketing network of Alcoa CSI. I look forward to
working with Alcoa CSI to serve new markets and to provide expanded
opportunities for the employees of Southern Plastics."
Alcoa CSI operates 27 plants and sales offices in 22 countries. These
facilities provide closures, packaging equipment and expert technical
service to the soft drink, juice, bottled water, beer and isotonic
Alcoa CSI's North American operations include plastic closure
manufacturing facilities in Crawfordsville, Indiana; Olive Branch,
Mississippi; Saltillo and Ensenada, Mexico; and Cartago, Costa Rica; a
packaging equipment facility in Randolph, New York; and the Alcoa CSI
Technical Center in Crawfordsville, Indiana. The company sales office
and headquarters are located in Indianapolis, Indiana. This network of
facilities will be further extended by the addition of Southern
Plastics, Inc. plants in Kilgore, Texas and Shreveport, Louisiana. The
combined company will employ more than 4,000.
Alcoa CSI is one of 26 business units of Alcoa, the world's leading
producer of aluminum and alumina. Alcoa serves customers worldwide in
packaging, automotive, aerospace, construction and other markets with a
variety of fabricated and finished products. Alcoa has over 300
operating locations in 36 countries.
The Douglas Group, St. Louis, Missouri, served as advisors for this