Alcoa Named One of the Best Managed Companies by Forbes.Business Editors PITTSBURGH--(BUSINESS WIRE)--Jan. 16, 2004 Alcoa (NYSE NYSE See: New York Stock Exchange :AA) today announced that Forbes Magazine has named it one of the "Best Managed Companies". Companies in Forbes' survey were ranked on the basis of five-year average total return, long- and short-term sales and earnings growth, and other yardsticks such as long-term earnings forecasts. The magazine also included governance Governance makes decisions that define expectations, grant power, or verify performance. It consists either of a separate process or of a specific part of management or leadership processes. Sometimes people set up a government to administer these processes and systems. and accounting practices in its selection criteria. Forbes editors and writers then also included additional factors such as market leadership, innovation and efficiency, before selecting the best-managed companies. Alcoa, one of only 26 companies cited, led the materials category. In selecting the "Best Managed Companies," Forbes said, "These companies exude ex·ude v. To ooze or pass gradually out of a body structure or tissue. excellence -- in how they're managed and in financial performance." Alcoa is the world's leading producer of primary aluminum, fabricated fab·ri·cate tr.v. fab·ri·cat·ed, fab·ri·cat·ing, fab·ri·cates 1. To make; create. 2. To construct by combining or assembling diverse, typically standardized parts: aluminum and alumina alumina (əl  `mĭnə) or aluminum oxide, Al2O3, chemical compound with m.p. about 2,000°C; and sp. gr. about 4.0. , 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 to customers. In addition to aluminum products and components, Alcoa also markets consumer brands including Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R) household wraps. Among its other businesses are vinyl siding Wikipedia is not the place for advertisement or self-advertising. Vinyl siding, first introduced to the exterior cladding market in the late 1950s, is an alternative to aluminum siding, fiber cement siding, and timber siding. , closures, fastening systems, precision castings, and electrical distribution systems for cars and trucks. The company has 120,000 employees in 41 countries. More information can be found at www.alcoa.com
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