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Alcoa Presents Update on China Operations to Investors
PITTSBURGH & BEIJING--(BUSINESS WIRE)--Sept. 21, 2005--Today, in Beijing, Michael Garcia, vice president sales and marketing for Alcoa Asia Pacific, met with investors to discuss the aluminum market and Alcoa's operations in China.
Alcoa (NYSE:AA) has 13 facilities or offices in China, serving customers in numerous markets. In addition, Alcoa announced this week plans to open two more offices in Shanghai by 2007 to support rapidly growing commercial aviation and railway/rail car production and sub-assembly in that market.
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 named one of the top three most sustainable corporations in the world at the World Economic Forum in Davos, Switzerland. More information can be found at www.alcoa.com