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From the Wire (continued)<br />
ALCOA’S FUTURE VALUE-ADD COMPANY TO BE NAMED “ARCONIC”<br />
Brand reflects iconic heritage, continued commitment to industry-shaping innovation<br />
NEW YORK--(BUSINESS WIRE)--Lightweight<br />
metals leader Alcoa (NYSE: AA) today unveiled<br />
the name, logo and tagline of its future<br />
Value-Add company: “Arconic. Innovation,<br />
Engineered.” The future Upstream company will<br />
operate under the Alcoa name. The Company’s<br />
separation into two, independent, publicly-traded<br />
companies in the second half of 2016 remains on<br />
track.<br />
The “Arconic” brand represents the future Value-<br />
Add company’s iconic heritage and continued<br />
commitment to industry-shaping innovation:<br />
The “A” echoes Arconic’s proud Alcoa heritage;<br />
“Arc” represents the arc of progress and the continued pursuit<br />
of advancement for customers, employees, shareholders and<br />
communities; and<br />
“-conic” speaks to the company’s history of creating iconic products<br />
and its constant focus on the next breakthrough innovation.<br />
The tagline, “Innovation, Engineered,” communicates the<br />
company’s mission – to invent, develop and deliver products and<br />
solutions for high performance customers and industries through<br />
precision engineering and advanced manufacturing.<br />
The logo is a two-dimensional icon that the eye sees as a threedimensional<br />
projection, symbolizing Arconic’s ambition and ability<br />
to make what is often deemed impossible real. Its silhouette pays<br />
homage to the Alcoa mark, while the color represents the company’s<br />
vibrant, dynamic culture.<br />
“The ‘Arconic’ brand fuses our extraordinary heritage with our<br />
highly promising future,” said Alcoa Chairman and Chief Executive<br />
Officer Klaus Kleinfeld. “It echoes our 127-year history of invention<br />
– and reinvention. Our logo depicts the realm of possibility brought<br />
to life. It reflects our vision of limitless innovation solving complex<br />
engineering challenges, to transform the way we fly, drive, build,<br />
package and power. And it represents the ingenuity of our people,<br />
who are dedicated to inventing, developing, and delivering highquality,<br />
innovative products and solutions that contribute to our<br />
customers’ success and create shareholder value.”<br />
The Company also unveiled a fresh iteration of the Alcoa mark<br />
for the Upstream company. With the symbol removed from<br />
its enclosure, this new logo represents a transformed and agile<br />
Upstream company characterized by out-of-the-box thinking. Its<br />
bold, geometric capital “A,” with the sharp apex, signifies an upward<br />
trajectory and constant pursuit of stronger performance. Finally,<br />
the new Alcoa logo will remain “Alcoa blue,” reflecting the strong<br />
foundation upon which the company is built.<br />
“The new Alcoa mark represents a transformed and agile Upstream<br />
company: resilient against market down-swings and poised to<br />
capitalize on upswings,” said Kleinfeld. “And so, with today’s<br />
announcements, we move closer to launching<br />
two leading-edge companies, each ready to define<br />
and seize the future.”<br />
Both Arconic and Alcoa will be domiciled in<br />
the United States and listed on the New York<br />
Stock Exchange, Arconic as ARNC and Alcoa as<br />
AA. Both will be industry-leading, FORTUNE<br />
500 companies. The Upstream Company will<br />
comprise the five business units that today<br />
make up Global Primary Products: Bauxite,<br />
Alumina, Aluminum, Cast Products and Energy.<br />
Arconic will include the three business segments<br />
that today comprise Alcoa’s Value Add portfolio: Global Rolled<br />
Products, Engineered Products and Solutions, and Transportation<br />
and Construction Solutions.<br />
Additional resources: Please visit www.alcoa.com/arconic and<br />
www.alcoa.com/alcoabrand for more information and videos.<br />
About Alcoa<br />
A global leader in lightweight metals technology, engineering and<br />
manufacturing, Alcoa innovates multi-material solutions that<br />
advance our world. Our technologies enhance transportation,<br />
from automotive and commercial transport to air and space travel,<br />
and improve industrial and consumer electronics products. We<br />
enable smart buildings, sustainable food and beverage packaging,<br />
high-performance defense vehicles across air, land and sea, deeper<br />
oil and gas drilling and more efficient power generation. We<br />
pioneered the aluminum industry over 125 years ago, and today,<br />
our approximately 60,000 people in 30 countries deliver value-add<br />
products made of titanium, nickel and aluminum, and produce<br />
best-in-class bauxite, alumina and primary aluminum products.<br />
For more information, visit www.alcoa.com, follow @Alcoa on<br />
Twitter at www.twitter.com/Alcoa and follow us on Facebook at<br />
www.facebook.com/Alcoa.<br />
Forward Looking Statements<br />
This communication contains statements that relate to future events<br />
and expectations and as such constitute forward-looking statements<br />
within the meaning of the Private Securities Litigation Reform Act<br />
of 1995. Forward-looking statements include those containing such<br />
words as “anticipates,” “believes,” “could,” “estimates,” “expects,”<br />
“forecasts,” “intends,” “may,” “outlook,” “plans,” “projects,” “seeks,”<br />
“sees,” “should,” “targets,” “will,” “would,” or other words of<br />
similar meaning. All statements that reflect Alcoa’s expectations,<br />
assumptions or projections about the future other than statements<br />
of historical fact are forward-looking statements, including, without<br />
limitation, statements regarding the separation transaction; the<br />
future performance of the Value-Add and Upstream companies if<br />
the separation is completed; the expected benefits of the separation;<br />
projections of improved profitability, enhanced shareholder<br />
value, competitive position, market share, growth opportunities,<br />
revenues, cash flow or other financial items of the companies; the<br />
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