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August 18, 2004
Alcoa-Kofem Named Supplier of the Year By Amari Metals Ltd.
PITTSBURGH, Pa. & SZEKESFEHERVAR, Hungary--(BUSINESS WIRE)--Aug. 18, 2004--Alcoa (NYSE:AA) announced today that Amari Metals Ltd., one of Europe's leading distributors of stainless steel, aluminum, brass, copper and high value metals, named Alcoa-Kofem Kft. in Szekesfehervar, Hungary as its "Supplier of the Year" for the second consecutive year. Alcoa-Kofem supplied 1,132 tonnes of extrusions last year to Amari's stockholding facility, The Metal Centre in Tipton, UK. The Metal Centre has been a customer of Alcoa- Kofem since late 2001.
Alcoa-Kofem was ranked first out of 33 suppliers based on the following performance criteria: on-time delivery, material quality conformance, rejection recovery, and test certification.
"Earning this honor demonstrates Alcoa's commitment to the standards set forth in the Alcoa Business System," said Philippe Royer, president of Alcoa Europe Extrusions and End Products. "The ABS principles and tools shape the way Alcoa does business to meet the needs of customers such as Amari. As a supplier to Amari, Alcoa- Kofem has demonstrated its excellence by capturing this award for two years in a row."
Alcoa first entered Hungary in 1993 by acquiring the state-owned Light Metal Works of Szekesfehervar, now Alcoa-Kofem Kft. Today, Alcoa- Kofem produces extrusions and rolling ingots, flat rolled products, automotive structures, truck bodies, plastic closures, wire harnesses, and wheels for trucks, trailers and buses. It serves customers in the aluminum ingot, packaging and consumer goods, automotive and industrial markets.
Alcoa is the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities, 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 to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding, closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 120,000 employees in 42 countries and has been a member of the Dow Jones Industrial Average for 45 years and the Dow Jones Sustainability Indexes since 2001. More information can be found at www.alcoa.com.
Note to Editors: The umlaut above the 'o' and the accent above the 'e' in 'Kofem' were removed for transmission purposes. The accents above the first 'e', the fourth 'e' and the 'a' in 'Szekesfehervar' were also removed for transmission purposes.