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Alcoa to sell home exterior business

| Thursday, April 13, 2006

Alcoa Inc. on Thursday announced it's selling its Alcoa Home Exterior business based in Robinson, saying the operation does not fit its business portfolio.

"The Alcoa Home Exterior business is a solid performer with good returns, but it no longer fits with our core global building and construction business portfolio," said Alain Belda, Alcoa chairman and chief executive, in a statement.

Employing roughly 1,400, with revenues in 2005 of $600 million and manufacturing facilities in Georgia, Texas, South Carolina, Ohio and Virginia, Alcoa Home Exteriors is considered one of the nation's largest building products-manufacturers. Products include vinyl siding, soffit, fascia and trim, along with deck railings.

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