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| February 14, 2007
Valco-Alcoa Foundation Youth Clinic Inaugurated in Ghana
TEMA, Ghana--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today the official opening of the Valco-Alcoa
Foundation Youth Clinic in Ashaiman, a sub district of the Tema
municipality in the Greater Accra Region of Ghana. The new youth health
and recreation center was created through a partnership between Alcoa
Foundation, Ghana Health Services and Mercy Ships, a global charity.
Participating in the opening ceremonies were representatives from Alcoa,
community, and NGOs.
Alcoa Foundation provided $68,000 funding last August to Mercy Ships,
who managed the construction project and provided necessary equipment
for the center. The new center is staffed and managed by Ghana Health
Services, the Ghana government health agency.
“This is an exciting day for the people,
particularly the youth, of Ashaiman,” said
Jerome Maxwell, President, Alcoa Caribbean and Africa. “With
the opening of the Valco-Alcoa Foundation Youth Clinic, the young people
of this community will have better access to facilities for recreation,
health, education, family planning and many other kinds of support
essential to their development.”
“The construction of this multi-purpose
building in collaboration with the local community has created an
enabling environment for youth, health and development within Ashaiman,
Tema. Alcoa Foundation is proud to support this project,”
said Meg McDonald, President Alcoa Foundation.
Alcoa’s presence in Ghana is through Volta
Aluminum Company (Valco), a joint venture with the government of Ghana.
Valco provides aluminum ingot from its smelter in Tema to Alcoa
customers around the world.
About Alcoa Foundation
Established in 1952, Alcoa Foundation is a global resource that actively
invests in improving the quality of life in the countries around the
world where Alcoa operates. The Foundation's grants address global and
local needs in Areas of Excellence that include: Conservation and
Sustainability, Global Education and Workplace Skills, Business and
Community Partnerships and Safe and Healthy Children and Families. Alcoa
Foundation manages Alcoa’s ACTION and Bravo!
programs which recognize the volunteer efforts of employees with grants
to the organizations they serve. For more information about Alcoa
Foundation, visit www.alcoa.com,
under Community.
About Alcoa
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® 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
123,000 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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