Alcoa Leads Metals Sector in Fortune 500 Ranking; Moves Up in Overall Ranking
NEW YORK--(BUSINESS WIRE)-- Alcoa (AA) led the Metals category of nine companies in the 2012 Fortune 500 ranking of the largest U.S. companies. It also rose to 115, up from 123 last year in the overall ranking of the largest corporations based on such metrics as revenues, profits and market value.
"Concentration on profitable growth, disciplined execution and Alcoas advantage in talent and innovation has helped the company maintain its Fortune 500 ranking for 57 years," said Alcoa Chairman and CEO Klaus Kleinfeld. "We are proud of this accomplishment."
Alcoa is the worlds leading producer of primary aluminum, fabricated aluminum and alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 120 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoas operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for ten consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 31 countries across the world. More information can be found at www.alcoa.com.
Kelly Pasterick, 212-836-2674
Libby Archell, 212-836-2719
Source: AlcoaCopyright Business Wire 2012