Alcoa Inc. Buy Sell Tips Report Discussion
Alcoa, Inc. is the world’s third largest manufacturer of aluminium. It is also known as Aluminium Company of America. In the New York Stock Exchange (NYSE) the company has been listed as AA. The company was founded in the year 1888 at Pittsburgh, Pennsylvania, US by Charles Martin Hall. The headquarters are situated at New York and Pittsburgh. As per the 2007 official reports the total revenue was $ 30.748 billion with a net income of $ 2.564 billion. The company is supported by a strong workforce of more than 1, 10,000 employees. Alcoa, Inc. has four subsidiaries namely Howmet Castings, Reynolds Metals, Kawneer and Halco Mining.
The company has operations spreading over 44 countries. Apart from aluminium, the other businesses of the entity include electrical distribution systems for cars, fastening systems and building products. Alcoa operates the majority of its alumina refineries via its 60% share of another business entity Alcoa World Alumina and Chemicals.
Alcoa, Inc. has seen many ups and downs in its journey of 121 years. This mega journey has been faced with Government attacks, numerous controversies and disputes. But still the company is standing erect with its own vital dynamism and never ending expansion. It has been a giant in its niche which seems to exist for long.
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