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Alcoa Recipient of First-Ever Corporate Park Achievement Award from U.S. National Parks Conservation Association for Land Preservation
PITTSBURGH--(BUSINESS WIRE)--April 13, 2005--Alcoa (NYSE:AA) announced that it will be recognized today by the National Parks Conservation Association based in Washington, D.C. with the organization's first-ever Corporate Park Achievement Award. Alcoa was bestowed the award for its work to permanently set aside 10,000 acres of land for preservation adjacent to the Great Smoky Mountain National Park located in Tennessee.
Alcoa will receive the honor this evening in Washington, D.C. during the NPCA's annual Salute to the Parks dinner event.
Alcoa worked with several organizations, including The Nature Conservancy and NPCA, to craft a landmark agreement that prevents commercial development near this portion of the Great Smoky Mountains and helps to ensure the park's ecological protection.
Last October, President George W. Bush signed historical land exchange legislation that enabled the preservation of the land along with the relicensing of four Alcoa hydropower dams in Tennessee and North Carolina.
"We are proud of having the distinction as the first winner of this achievement award for support of one of our country's most visited national parks. The innovative agreement that we are being recognized for was a win-win for the NPCA, the Nature Conservancy and Alcoa. It is an excellent example of joint environmental and conservation stewardship," said Kevin J. Anton, President, Alcoa Materials Management.
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 131,000 employees in 43 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