Alcoa and Alcoa Foundation Announce Commitments at 2011 Clinton Global Initiative Annual Meeting

Alcoa and Alcoa Foundation announced two commitments to prepare U.S. workers for manufacturing jobs and to increase the energy efficiency of its operations today at the 2011 Clinton Global Initiative Annual Meeting, a convening of global leaders founded by President Bill Clinton.

The first commitment is a $200,000 Alcoa Foundation investment to fund eight training programs in California, Ohio, Pennsylvania, Tennessee and Texas that will prepare almost 900 adults for current and future manufacturing jobs. Each training program will address its community’s local job demands, from a machinist training program in Southern California, to an industrial maintenance technology program in Tennessee. Alcoa will also provide the programs with insight into industry needs, program curriculum and provide work experience for students.

Secondly, Alcoa has joined President Obama’s “Better Buildings, Better Plants Challenge” to improve energy efficiency in commercial and industrial buildings across the country. Alcoa is implementing an enterprise-wide energy reduction initiative to decrease energy use in its Global Primary Products division by 10 percent and its other businesses by 20 percent by 2020. This initiative includes a recently announced $21 million investment in new technology and facilities for the Alcoa Wheel and Transportation Products business in Barberton, Ohio.