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| April 18, 2002
Alcoa and DOE To Work Together to Improve Energy Efficiency; Alcoa First Signatory in Tennessee Energy Partnership
NASHVILLE, Tenn.--(BUSINESS WIRE)--April 18, 2002--Alcoa today
signed a Memorandum of Understanding (MOU) with the U.S. Department of
Energy/Office of Industrial Technologies (DOE/OIT) which enables a
proactive partnership approach to its energy management strategies at
operating facilities throughout North America.
The agreement with DOE/OIT confirms Alcoa's participation in the
Allied Partnership -- a shared commitment among the public and private
sectors to improve energy efficiency in manufacturing processes
through the development and adoption of new technology and the use of
best management practices.
"This partnership with the DOE/OIT will ensure Alcoa access to
technical information, emerging technologies and best practices
offering the greatest potential for energy efficiency and improved
profitability," said Randy Overbey, president of Alcoa's Energy
Division. "The expectation is that Alcoa will leverage these tools and
learnings across the company."
The MOU was finalized in ceremonies in the Tennessee Supreme Court
Chamber. Denise Swink, Deputy Assistant Secretary, U.S. Department of
Energy, Tennessee Governor Don Sundquist and Overbey participated in
the ceremony.
Alcoa First Signatory in Tennessee Energy Partnership
In a separate but related event at the Tennessee state capitol,
Alcoa was recognized as the "first signatory" to an energy partnership
agreement between the State of Tennessee and the DOE. Under terms of
that agreement, the state will provide resources and encourage
collaborative relationships among industry, universities, state and
federal agencies, and the National Laboratories to design and
demonstrate the technologies that meet the needs of Tennessee
industries in the areas of energy management and environmental
stewardship.
"We are grateful for the leadership of Governor Sundquist and his
Administration in forging this agreement," continued Overbey. "It adds
valuable state resources to those available from DOE. It is a tangible
commitment to the manufacturing sector and provides additional energy
management tools to help us operate our facilities more efficiently,
reduce cost and prosper."
Alcoa is the world's leading producer of primary aluminum,
fabricated aluminum and alumina, and is active in all major aspects of
the industry. Alcoa's aluminum and components are used worldwide in
aircraft, automobiles, beverage cans, buildings, chemicals, sports and
recreation, and a wide variety of industrial and consumer
applications, including such Alcoa consumer brands as Alcoa wheels,
Reynolds Wrap(R) aluminum foil, and Baco(R) household wraps. Among its
related businesses are precision castings, vinyl siding, closures, and
electrical distribution systems for cars and trucks. It has 129,000
employees in 38 countries.
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