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Alcoa Grants in Mexico Exceed $1 Million in 2002 PITTSBURGH--(BUSINESS WIRE)--April 7, 2003--Alcoa (NYSE:AA) today
announced combined grants from Alcoa Foundation and Alcoa Fujikura
Ltd. (AFL) in communities covering all six of AFL's Mexican operating
locations exceeded US$1 million in 2002.
More than 30 Alcoa Foundation investments were made in Mexican
communities ranging from:
Supplying computer equipment to schools in Monterrey and
Support for construction of a new shelter for the Casa de
Amiga Crisis Center in Juarez;
Development of a community park project in Acuna;
Transportation to and construction for a shelter for homeless
children who have been abandoned or abused by their parents in
Expansion of an Alzheimer Center for patients and their
families in Torreon.
In addition to the Alcoa Foundation grants, AFL made grants and
investments in more than 20 projects in its communities, ranging from:
-- The purchase of new ambulances in Acuna and Monterrey;
-- Donation of 5,000 sweaters for kindergartners in Acuna in
-- Vocational training and workshops for youths and adults with
learning or physical disabilities in Juarez;
-- Scholarships for Technical University students in Piedras
-- Rehabilitation of a sports complex for children in Puebla;
-- Computer equipment for a shelter for orphaned and abandoned
children in Torreon.
In addition to cash grants provided by Alcoa Foundation and AFL,
AFL employees participated in 17 separate volunteer programs -- from
painting and repairing schools and community buildings, to
reforesting, to rebuilding a property used for horseback riding for
therapy for the disabled -- which raised more than $50,000 in ACTION
(Alcoans Coming Together In Our Neighborhoods) grants. Action grants
recognize a team of Alcoans who provide a day of service by providing
a $3,000 grant in their name to the organization where they worked.
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 serves the aerospace, automotive, packaging,
building and construction, commercial transportation and industrial
markets, bringing design, engineering, production and other
capabilities of Alcoa's businesses as a single solution to customers.
In addition to aluminum products and components, Alcoa also markets
consumer brands including Reynolds Wrap(R) aluminum foil, Alcoa(R)
wheels, and Baco(R) household wraps. Among its other businesses are
vinyl siding, closures, precision castings, and electrical
distribution systems for cars and trucks. The company has 127,000
employees in 40 countries. For more information go to www.alcoa.com
About Alcoa Foundation
Established in 1952. Alcoa Foundation is a global resource that
actively invests in improving the quality of life in more than 29
countries around the world where Alcoa operates. The Foundation's
grants address global and local need 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. For more information about Alcoa
Foundation, visit alcoa.com, under Community.