April 7, 2011 

Alcoa Receives National Excellence in Brownfield Redevelopment Award


April 7, 2011- NEW YORK--(BUSINESS WIRE)--Alcoa has received the Phoenix Award Grand Prize for excellence in brownfield redevelopment for the Company's role in reclaiming a former aluminum smelter in Oregon and returning it to productive use.


The award, presented during the National Brownfields Conference in Philadelphia, recognized Alcoa's Troutdale project as the top revitalization project in the country. In February, Alcoa was named a regional winner in the Oregon, Washington, Idaho and Alaska region.


The Phoenix Awards are associated with the Phoenix Awards Institute, Inc., an environmental and community service non-profit, located in Mechanicsburg, PA. The finalists were selected by a panel that included environmental professionals, government officials and business leaders. The panel considers the magnitude of the project, innovation, solutions to regulatory/social issues, and impact upon the community.


Alcoa, the Port of Portland, and FedEx shared the award for their commitment to cleaning up and redeveloping the 700-acre industrial property in Troutdale, Oregon. The Troutdale Reynolds Industrial Park is now owned by the Port of Portland and is the home of a FedEx Ground regional distribution center that employs over 750 people.


Phoenix Award winners represent revitalization projects from each of the 10 U.S. Environmental Protection Agency (EPA) regions, and projects having a special community impact.


"The Phoenix Award recognizes the importance of managing for lifecycle, so when a production facility reaches the end of one use, stakeholders work together to prepare it for its next phase," said Kevin Anton, Alcoa's Chief Sustainability Officer. "We are pleased that we could help revitalize the Troutdale site in an award-winning way and help create a better future for the community by creating jobs, investment and a tax base."


Mark Stiffler, Alcoa's Director of Asset Management, said the Troutdale redevelopment was the result of extensive cooperation among community stakeholders.


"This was an amazing effort. Just five years after closure of the plant, the site was ready for redevelopment. This award recognizes the hard work, teamwork and collaboration between Alcoa, the port, the city of Troutdale and regulatory agencies," Stiffler said.


The remediation effort began in 1994, when the site was added to the Superfund National Priorities List. The redevelopment included demolishing and removing the 1.5 million-square-foot smelter and in the process recycling 44,523 tons of steel, 4,117 tons of copper, 3,680 tons of aluminum and 185,000 tons of concrete.


In addition to bringing in new jobs, the project improved the quality of life in the area by adding new multi-use trails and improved local roadways and intersections.


The Troutdale plant was originally built in 1941 by the U.S. government to support wartime operations. The property was purchased in 1949 by Reynolds Metals, which kept the plant in operation until 2000, when Alcoa acquired Reynolds.


"This project shows that with effort and dedication you can take a former plant site and give it new life, creating new jobs and improving the quality of life in the area. We are proud of our efforts and the impact it has had on the community," added Stiffler.


About Alcoa


Alcoa (NYSE:AA) is the world's leading producer of primary and fabricated aluminum, as well as the world's largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa's operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for nine consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 59,000 people in 31 countries across the world. More information can be found at www.alcoa.com.