Alcoa Once Again Named Most Admired Metals Company in the World
Alcoa (NYSE: AA) has been named the most admired metals company in the world for the second year in a row in Fortune magazine's annual ranking on corporate reputation. Alcoa has been a member of the "Most Admired" list since Fortune began the annual ranking 30 years ago.
Alcoa also received top ranking in seven of the nine key attributes: innovation, people management, use of corporate assets, social responsibility, quality of management, financial soundness, and long-term investment.
"It is extremely gratifying to be ranked the most admired metals company again,” said Alcoa Chairman and CEO Klaus Kleinfeld. "Today, as Alcoa observes its 125th anniversary, the key to our success remains the dedication of our employees to Alcoa's values and to the relentless pursuit of excellence."
Fortune's Most Admired list is based on surveys of executives, directors and analysts who rate companies in their own industry.
The complete list of the World's Most Admired Companies, and related stories, will appear in Fortune's March 18 issue, available on newsstands next week.
Alcoa is the world's leading producer of primary and fabricated aluminum, as well as the world's largest miner of bauxite and refiner of 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 125 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 Alcoa's operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for 11 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 30 countries across the world. For more information, visit www.alcoa.com and follow @Alcoa on Twitter at twitter.com/Alcoa.
Kelly Pasterick, 212-836-2674
Monica Orbe, 212-836-2632