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Alcoa Named One of the Best Managed Companies by
Forbes
Manufacturing News Center
PITTSBURGH, PA--January 21, 2004-- Alcoa 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 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 excellence -- in how they're managed and in financial
performance."
Alcoa is the world's leading producer of primary aluminum, fabricated
aluminum and alumina, 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,
closures, fastening systems, precision castings, and electrical distribution
systems for cars and trucks. The company has 120,000 employees in 41 countries.
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Source: ALCOA
More information can be found at www.alcoa.com
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