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| September 26, 2006
Alcoa Celebrates Official Opening of Its First Manufacturing Facility in Bulgaria; Completes First Community Enhancement Project
STARA ZAGORA, Bulgaria--(BUSINESS WIRE)--Alcoa (NYSE:AA) today
officially celebrated its move into its 44th
country with the company’s first plant in
Bulgaria now fully operational. The plant, part of the Alcoa Consumer
Products business, produces household wrap products, including foil,
film and disposal bags under the Reynolds®
brand and Baco® brand names for the retail
markets in the U.K., Europe and the Middle East. The 12,000-square meter
facility, reconstructed on the site of an abandoned industrial park, is
expected to employ approximately 200 people.
Concurrently, Alcoa announced the completion of its first community
project -- the renovation of a pedestrian underpass with motorized
handicapped lifts under the major connecting highway between Sofia and
the Black Sea ports. This location has previously been the scene of
numerous pedestrian-automotive accidents and fatalities.
"A guiding principle of Alcoa is to become involved in each of the
communities Alcoa is represented in,” said
Eric Beringause, President of Alcoa Consumer Products. “We
are excited about the transformation of the property we developed into a
showcase manufacturing system. At the same time we are equally, if not
more, proud of the transformation we made of the previously closed
pedestrian subway and the contribution it provides to a safer community
for all residents, including people with infirmities and disabilities,
as they cross one of Bulgaria’s busiest
roadways.”
James Debney, Managing Director of Baco Consumer Products and Alcoa
Packaging Bulgaria, added, “This newest
manufacturing center and Alcoa’s entry into
its 44th country, shows the extent that
partnerships between business and community can help build a healthy,
thriving, and safe work environment while adding significantly to the
employment base. We are very proud that our entire construction effort
has been carried out by local contractors and are looking forward to
continue building our relationships with the local community in the
years to come.”
About Alcoa
Alcoa (NYSE:AA) 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®
foils and plastic wraps, Alcoa® wheels, and
Baco® household wraps. Among its other
businesses are closures, fastening systems, precision castings, and
electrical distribution systems for cars and trucks. The company has
129,000 employees in 44 countries and has been named one of the top most
sustainable corporations in the world at the World Economic Forum in
Davos, Switzerland. More information can be found at www.alcoa.com.
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