President Obama Taps Alcoa’s Kleinfeld to Help Advance US Manufacturing

September 26, 2013

Alcoa Chairman and CEO Klaus Kleinfeld to join President Obama’s Advanced Manufacturing Partnership Steering Committee 2.0

President Barack Obama has tapped Alcoa (NYSE: AA) Chairman and CEO
Klaus Kleinfeld to join the President’s Advanced Manufacturing
Partnership Steering Committee 2.0, part of a continuing effort to
maintain US leadership in the emerging technologies that will create
high-quality manufacturing jobs and enhance America’s global
competitiveness.

“Manufacturing is a core engine of economic growth, and innovation keeps
that engine running,” said Alcoa Chairman and CEO Klaus Kleinfeld. “We
look forward to using our innovation expertise to help ensure America
remains the birthplace of technology breakthroughs that spur growth and
create advanced manufacturing jobs.”

Alcoa innovation has been behind major milestones in the automotive,
aerospace, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets for the last
125 years. Today, Alcoa is working alongside automotive manufacturers to
produce safe, more fuel efficient aluminum-intensive vehicles that
consumers want. The company has played a critical role in the aerospace
industry, having developed 90 percent of the structural alloys used in
modern aircraft. Today, every western commercial aircraft uses Alcoa
fasteners, and every western commercial and military aircraft engine
uses Alcoa castings. In the defense market, Alcoa innovations across
air, land and sea platforms have protected our troops and made our
military vehicles stronger and lighter since World War I. Finally, in
the oil and gas industry, our lightweight, non-corrosive products have
enabled companies to extend their drilling reach, including in some of
the most complex wells.

Most of Alcoa’s innovations start at the Alcoa Technical Center, the
world’s largest light metals R&D center, located outside Pittsburgh,
Pennsylvania. Its experts collaborate closely with Alcoa’s customers,
businesses and the company’s other R&D centers in Michigan, California
and Australia. Together, these centers have filed more than 2,000 active
global patents.

Bringing this expertise to the new Advanced Manufacturing Partnership
Steering Committee 2.0, Kleinfeld will help build on progress made by
the inaugural Committee established in 2011. The initial Steering
Committee produced a broad set of recommendations for reinvesting in
advanced manufacturing in the United States, including the establishment
of a nationwide network of innovation institutes. Alcoa has actively
supported workshops and advised on R&D projects at the pilot institute,
launched in Youngstown, Ohio, which is focused on developing and
commercializing additive manufacturing, or 3-D printing.

About Alcoa

Alcoa is the world’s leading producer of primary and fabricated
aluminum, as well as the world’s largest miner of bauxite and refiner of
alumina. In addition to inventing the modern-day aluminum industry,
Alcoa innovation has been behind major milestones in the aerospace,
automotive, packaging, building and construction, commercial
transportation, consumer electronics and industrial markets over the
past 125 years. Among the solutions Alcoa markets are flat-rolled
products, hard alloy extrusions, and forgings, as well as Alcoa® wheels,
fastening systems, precision and investment castings, and building
systems in addition to its expertise in other light metals such as
titanium and nickel-based super alloys. Sustainability is an integral
part of Alcoa’s operating practices and the product design and
engineering it provides to customers. Alcoa has been a member of the Dow
Jones Sustainability Index for 12 consecutive years and approximately 75
percent of all of the aluminum ever produced since 1888 is still in
active use today. Alcoa employs approximately 61,000 people in 30
countries across the world. For more information, visit www.alcoa.com
and follow @Alcoa on Twitter at twitter.com/Alcoa and follow Alcoa on
Facebook at www.facebook.com/Alcoa.

About the Advanced Manufacturing Partnership

The Advanced Manufacturing Partnership (AMP) was created by the
President with the recognition that industry, academia, and government
must work in partnership to revitalize our manufacturing sector. The
Advanced Manufacturing Partnership Steering Committee 2.0 is a working
group of (PCAST).

For more information about the Advanced Manufacturing Partnership,
please visit: http://www.manufacturing.gov/amp.html

For more information about PCAST, please visit http://www.whitehouse.gov/administration/eop/ostp/pcast

Alcoa
Investor Contact
Kelly Pasterick, 212-836-2674
Kelly.Pasterick@alcoa.com
or
Media Contact
Christa Bowers, 212-836-2605
Christa.Bowers@alcoa.com