Alcoa has become a truly global company. The needs they now have in communities like Pittsburgh include countries all over the world. A flood in South America is as much of a concern to them as one in the U.S.
More Quotes from Bill Meyer:
In follow-up to our announcement in late November, we've been working diligently to restructure the secured notes under terms that we believe are beneficial to our stockholders. This restructuring, which relieves the Company of approximately 3.4 million of amortization and debt service costs and 500,000 of interest expense per quarter, is a major step towards our goal of generating consistent profitability and positive cash flows.Bill Meyer
It's all about the oil. It's the blood that fuels our way of life here. We didn't want (former Iraqi President) Saddam Hussein to monopolize it. Money is driving the oil. We need other means of energy.
Bill Meyer
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