Alcoa to Sell Cast Wheels Business in 'Extraordinary Times'

摘要

"Because we recently completed an extensive competitive analysis, including a strategic review of each business, we have been able to quickly identify and implement effective responses that strengthen our financial staying power in the economic downturn," [Klaus Kleinfeld] said. "We will continue to monitor the dynamic market situation to ensure that we adjust capacity to meet any future changes in demand. These are extraordinary times requiring extraordinary actions." MC