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AACOA, Inc. company history timeline

1975

W.H. Krome George succeeded John Harper as chairman and CEO in 1975, and Alcoa began to show new signs of life.

1983

By the time George retired in 1983, he had started the company on the path once again to developing new high-strength alloys for use in the aerospace business.

George's successor, Charles Parry, took over in 1983, and was even more committed to diversifying Alcoa.

1987

Aware of his board's discontent, Parry took an early retirement in 1987.

1990

In 1990 it formed a joint venture with Japanese manufacturer Kobe Steel, Ltd. to make sheet metal for aluminum cans and parts for automakers for the Asian market.

1995

Toward this end, O'Neill spent $150 million in 1995 to upgrade Alcoa's computer technology system to a customized, state-of-the-art network.

1997

But in 1997 the price of aluminum remained depressed, and demand, particularly in the United States, continued to falter.

1999

1999: Alain J.P. Belda succeeds O'Neill as CEO; company officially adopts the name Alcoa Inc.

2000

2000: Alcoa acquires Reynolds Metals Company for $5.8 billion.

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Founded
1972
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Headquarters
Elkhart, IN
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