Alcoa Inc Essay Example | Topics and Well Written Essays - 2500 words

Alcoa Inc - Essay ExampleIt has a large product base most of them are considered as most sustainable products. Serving different markets ranging from Aerospace to consumer incase industry, Alcoa, over the period of time has been able to generate strong growth rates. Further it is also being continuously expanding into various markets and currently most of its receipts growth is coming from China. Based on the projections of the Chinas future economic consummation and strong demand being generated from that region, it is largely believed that the future performance of the social club would largely depend upon how the Chinese economy performs. This is also because of the fact that the growth in North American markets for the company has been negative and considering the recent extension crunch in the market, it is largely anticipated that the demand from the traditional region of business for Alcoa would decrease substantially and company has to rely on the other markets to deve lop.Alcoa is the lead producer of primary aluminum, fabricated aluminum as alumina facilities and is also an active player in other aspects of the industry also. It products are served in markets ilk Aerospace, Alumina, Aluminum Ingot, Automotive, Building and construction, commercial transportation, Industrial Products and services as well as packaging and other consumer products. In addition to aluminum products and components including flat-rolled products, hard metal extrusions, and forgings, Alcoa also markets Alcoa wheels, fastening systems, precision and investment castings, and building systems (Alcoa, 2008). The company has a presence in almost 34 countries with 97000 employees working for the company in various positions in various countries. It has been the honor of the company that it has been labeled as most sustainable company in the world in World Economic Forum, Davos, Switzerland. The company has a record of working on creating an environment which is often consid ered as safer