Aluminum Company of America Changes Name to Alcoa; New Identity Reflects Global Scope.PITTSBURGH--(BUSINESS WIRE)--Dec. 18, 1998--Alcoa (NYSE NYSE See: New York Stock Exchange :AA) announced today that its board of directors has approved a change of the corporate name from Aluminum Company of America to Alcoa Inc. effective January 1, 1999. The company's stock symbol remains AA. "The new identity reflects the global scope of Alcoa. We operate at 250 locations in 30 countries around the world and more than half of our employees are based outside of the U.S.," said Alcoa Chairman Paul O'Neill Paul O'Neill may refer to:
Founded in 1888, Alcoa is the world's leading producer of 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 a major participant in all segments of the
industry: mining, refining, smelting smelting, in metallurgy, any process of melting or fusion, especially to extract a metal from its ore. Smelting processes vary in detail depending on the nature of the ore and the metal involved, but they are typified in the use of the blast furnace. , fabricating and recycling. Alcoa
serves customers worldwide in the packaging, automotive, aerospace,
construction and other markets with a great variety of 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: and finished products. |
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