Alcoa

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Alcoa Corporation (a portmanteau of Aluminum Company of America) is an American industrial corporation. It is the world’s eighth largest producer of aluminum,[2] with corporate headquarters in Pittsburgh, Pennsylvania.[3] Alcoa conducts operations in 10 countries. Alcoa is a major producer of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all major aspects of the industry: technology, mining, refining, smelting, fabricating, and recycling.[4] In May 2007 Alcoa Inc. made a US$27 billion hostile takeover bid for Alcan in an attempt to form the world’s largest aluminum producer.[5] The bid was withdrawn when Alcan announced a friendly takeover by Rio Tinto in July 2007.[6] On November 1, 2016, Alcoa Inc. split into two new entities: Alcoa Corporation, which is engaged in the mining and manufacture of raw aluminium, and Arconic, which processes aluminum and other metals.[7] Alcoa moved its headquarters back to Pittsburgh effective September 1, 2017.[8] In October 2018, Alcoa announced plans to move from Pittsburgh’s North Shore to a more downtown Pittsburgh location.

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