Alcoa 2012 Annual Report Download - page 49

such as the Alcoa Business System and the Alcoa Enterprise Business Solution (an initiative designed to build a
common global infrastructure across Alcoa for data, processes and supporting software). There is no assurance that
these initiatives will all be completed or beneficial to Alcoa or that estimated cost savings from such activities will be
realized.
Alcoa may not be able to successfully develop and implement technology initiatives.
Alcoa is working on developments in advanced smelting process technologies, including inert anode and carbothermic
technology, in addition to multi-alloy casting processes. There can be no assurance that such technologies will be
commercially feasible or beneficial to Alcoa.
Unexpected events may increase Alcoa’s cost of doing business or disrupt Alcoa’s operations.
Unexpected events, including fires or explosions at facilities, natural disasters, war or terrorist activities, unplanned
outages, supply disruptions, or failure of equipment or processes to meet specifications may increase the cost of doing
business or otherwise impact Alcoa’s financial performance. Further, existing insurance arrangements may not provide
protection for all of the costs that may arise from such events.
Further metals industry consolidation could impact Alcoa’s business.
The metals industry has experienced consolidation over the past several years, and there may be further industry
consolidation in the future. Although current industry consolidation has not negatively impacted Alcoa’s business,
further consolidation in the aluminum industry could possibly have negative impacts that we cannot reliably predict.
Item 1B. Unresolved Staff Comments.
None.
Item 2. Properties.
Alcoa’s principal office is located at 390 Park Avenue, New York, New York 10022-4608. Alcoa’s corporate center is
located at 201 Isabella Street, Pittsburgh, Pennsylvania 15212-5858. The Alcoa Technical Center for research and
development is located at 100 Technical Drive, Alcoa Center, Pennsylvania 15069.
Alcoa leases some of its facilities; however, it is the opinion of management that the leases do not materially affect the
continued use of the properties or the properties’ values.
Alcoa believes that its facilities are suitable and adequate for its operations. Although no title examination of properties
owned by Alcoa has been made for the purpose of this report, the Company knows of no material defects in title to any
such properties. See Notes A and H to the financial statements for information on properties, plants and equipment.
Alcoa has active plants and holdings under the following segments and in the following geographic areas:
ALUMINA
Bauxite: See the tables and related text in the Bauxite Interests section on pages 6-10 of this report.
Alumina: See the table and related text in the Alumina Refining Facilities and Capacity section on pages 12-13
of this report.
PRIMARY METALS
See the table and related text in the Primary Aluminum Facilities and Capacity section on pages 14-15 of this
report.
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