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 | October 21, 2003
Alcoa's AFL Automotive Opens Honduras Operation
PITTSBURGH--(BUSINESS WIRE)--Oct. 21, 2003--Alcoa (NYSE:AA) today
announced its Alcoa Fujikura Ltd., Automotive unit (AFL Automotive)
has opened an operation in ZIP El Porvenir (just outside El Progreso),
Honduras to serve its automotive wire and tubing customers in the
Caribbean basin.
The operations, Alcoa's first in the country, were formally opened
today in a ceremony attended by President Ricardo Maduro of Honduras
and officials from AFL Automotive, including John R. Jenkins, Vice
President Specialty Products Group. The new operations will
manufacture and assemble electrical distribution systems for various
automotive customers.
AFL Automotive expects that, within 15 months, its operations in
Honduras will employ approximately 500 hourly, technical,
administrative and management associates.
"AFL Automotive is opening in Honduras to better serve our
customers," said Jenkins. "In recent years, the countries of the
Caribbean basin have successfully encouraged investment from
world-class firms serving the automotive market. It is important that
we continue to be close to our customers.
"Our first employees will include people with various specialized
skills, including engineering, environmental management, safety,
administration, management, mechanical/electrical maintenance, machine
operators, and material handling," said Jenkins. "As we begin our
operations in Honduras, we do so with the commitment to maintaining
our leadership position in the areas of environmental, health, and
safety best practices."
AFL Automotive noted the cooperation and excellent support it has
received from all areas of the Honduran community. "Without exception,
the information, openness, and willingness to work with AFL Automotive
were critical to our decision to begin operations here," added
Jenkins.
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, fastening systems, precision castings, and
electrical distribution systems for cars and trucks. The company has
127,000 employees in 41 countries. For more information go to
www.alcoa.com
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