Alcoa Inc.New York, NY, United States (NYSE: AA)

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Alcoa Company Description

Alcoa is among the world's top producers of alumina (aluminum's principal ingredient, processed from bauxite) and aluminum. Its vertically integrated operations include bauxite mining, alumina refining, and aluminum smelting; primary products include alumina and its chemicals, automotive components, and sheet aluminum for beverage cans. The company's non-aluminum products include fiber-optic cables. Major markets include the aerospace, automotive, and construction industries. In 2008 the firm sold its packaging business, which had accounted for more than 10% of sales, to New Zealand private investment firm the Rank Group. In 2009 it sold its wire harness and electrical distribution business to Platinum Equity.

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The Company Description provides a historical perspective of Alcoa's organization from inception to current status.

Produced by Hoover's in-house editorial team, the Company Description tracks ownership transitions, company progress via mergers and acquisitions, major growth milestones, and strategic initiatives, to provide a holistic view of Alcoa's evolution in the marketplace.

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