Alcoa

Alcoa Corporation
legal form	Corporation
ISIN	US0138721065
founding	1888
Seat	Pittsburgh , United States
management	Michael Morris (Chairman) ; Roy Harvey (CEO)
Number of employees	13,800 (end of 2019)
sales	10.4 billion USD (2019)
Branch	aluminum
Website	alcoa.com
	As of March 1, 2020

Alcoa Inc. ( Al uminum Co mpany of A merica) is a 1959 to September 2013, the Dow Jones Industrial Average Index listed American aluminum producer. The group is the leader in the aluminum market behind the current Russian world market leader RUSAL , closely followed by Rio Tinto Alcan .

Company history

Alcoa advertising Freedoms of the air from 1943 for air transport and aluminum ( The Metal that flies best )

In 1888 Charles Martin Hall founded the Pittsburgh Reduction Company . The company was named Aluminum Company of America in 1907. The abbreviation Alcoa was used from 1910 and was adopted as the official name in 1999 in order to do justice to the advancing internationalization. At that time, Alcoa was operating in 30 countries.

In September 2015, Alcoa announced that it would split the company into two independent public companies. The business area with high-performance products for the aerospace and automotive industries will remain in the company, which will in future bear the name Arconic , while the bauxite, aluminum oxide and aluminum production will be spun off into the new Alcoa Downstream Corporation .

In the course of the split, Alcoa Downstream Corporation will be renamed Alcoa Corporation again, in which Arconic will hold a minority stake of 19.9%. On November 1, 2016, the division into Alcoa and Arconic was completed.

Works

AE

Avilés

La Coruña

Suralco

Point Comfort

Rockdale

MW

Intalco

Wenatchee

Portland

Baie-Comeau

B.

D.

Fjarðaál

Lista

Mosjøen

Aluminum oxide refineries in white, aluminum smelters in dark gray

The bauxite mining in Suriname and the Paranam (Suriname) and Point Comfort (Texas) refineries are currently out of operation.

Participations and cooperations

Alcoa holds 60 percent of Alcoa World Alumina and Chemicals (AWAC) in Australia , the remaining 40 percent is held by Australian company Alumina Limited . AWAC mines bauxite in Australia , among others .

Alcoa holds 8 percent of the shares in the Aluminum Corporation of China . The two companies have agreed on a strategic cooperation.

The Norwegian company Elkem belonged to April 2005, to 46.5 percent Alcoa. In October 2002, an attempt by Alcoa to take over Elkem completely failed. As a result, the stake in Orkla was sold, which Elkem gradually took over completely.

In July 2007, Alcoa also withdrew a competing $ 28 billion bid for Canadian aluminum maker Alcan .

Alcoa has a 25.1% stake in the Maʿaden aluminum smelter in Ras al-Khair , Saudi Arabia.

Trivia

Since hundreds of tons of aluminum were used in its construction, the USS Long Beach (CGN-9) , a guided missile cruiser of the US Navy, which was commissioned on September 9, 1961, received the international maritime radio call sign ALCOA.

The US small town of Alcoa with a population of just over 7,700 in the east of the state of Tennessee ( Blount County ), where the company operates a large aluminum plant, has the same name as the company . The town used to be known as North Maryville . In 1918, North Maryville was separated from Maryville and merged with the area around the aluminum plant in order to obtain tax advantages, among other things.

Former vehicle construction

Between 1920 and 1924 some were passenger cars produced that Pomeroy were called.

These originated in 1919 in Cleveland in Ohio , a development department for automobiles , the Aluminum Manufacturers, Inc. was named. Laurence Pomeroy , who previously worked for Vauxhall Motors , and Forrest Cameron from Cameron were the designers. Most of the vehicles were made of aluminum. It was very expensive to develop. This is what a sum of several hundred thousand US dollars is called. Six vehicles were built in Cleveland between 1920 and 1922. They had a four-cylinder engine and a wheelbase of 320 cm. The bodies were touring cars with five seats.

In 1923, Pierce-Arrow moved into a former factory in Buffalo , New York . A few more vehicles were built up to 1924. These had a six-cylinder engine with 75 hp . The chassis now had a wheelbase of 338 cm. One illustration shows a closed sedan with seven seats. Production ended in 1924.

literature

George David Smith: From Monopoly to Competition: The Transformations of Alcoa, 1888-1986. Cambridge University Press, Cambridge 2003, ISBN 978-0-5215-2709-5 .

Individual evidence

↑ ^a ^b Annual Report 2019

↑ Notice to the shareholders on the spin-off of parts of the company

^ Form 8-K Alcoa Corporation November 1, 2016.

↑ Presentation ( page no longer available , search in web archives ) Info: The link was automatically marked as defective. Please check the link according to the instructions and then remove this notice. , November 16, 2016@1@ 2

↑ Aluminum Association | Alcoa Fails to Gain Control of Elkem . aluminum.org. Archived from the original on September 28, 2007. Retrieved September 15, 2010.

↑ Locations / Saudi Arabia

↑ ^a ^b ^c Beverly Rae Kimes, Henry Austin Clark Jr .: Standard catalog of American Cars. 1805-1942. Digital edition . 3. Edition. Krause Publications, Iola 2013, ISBN 978-1-4402-3778-2 , pp. 1217 (English).

↑ George Nicholas Georgano (Ed.): The Beaulieu Encyclopedia of the Automobile . Volume 3: P-Z . Fitzroy Dearborn Publishers, Chicago 2001, ISBN 1-57958-293-1 , pp. 1244 (English).

Web links

Commons : Alcoa - collection of images, videos and audio files

[AR19-1] Annual Report 2019

[2] Notice to the shareholders on the spin-off of parts of the company

[3] Form 8-K Alcoa Corporation November 1, 2016.