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Building and Construction
7% $2.2 billion
Alcoa segments that sell products to this market: Flat-Rolled Products, Extruded and End Products
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In 2007, Alcoa Building & Construction Systems’ Kawneer business
unit expanded its presence in rapidly growing segments and geographies.
One emerging opportunity is in the fast-growing “green
building” market where BCS’ Kawneer business has collaborated on
projects like the Heifer International headquarters project, which was
designed to meet the U.S. Green Building Council’s Leadership in
Energy and Environmental Design (LEED) certification standards. As
a part of the business unit’s “green” imperative, the Kawneer facility in
Visalia, California, implemented a Photovoltaic Solar Power System in
2007. The business unit also opened offices in India and Singapore to
capitalize on growth in these two regions.
The value of nonresidential construction starts increased by 7% in
2007 with both the commercial/industrial and the institutional
segments of the market growing significantly. The value of commercial/
industrial construction grew by around 9% while the value of institutional
construction grew at a more reserved rate of 5% in 2007. The
primary drivers for the commercial/industrial sector were stores, office
buildings, and manufacturing facilities. The strongest institutional
markets were public buildings, dormitories, and educational buildings.
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