Part I: Aligning Our Efforts
Our Vision and Who We Are
Lcan is a multinational, market-driven company and a global leader in aluminum and packaging as well as aluminum recycling. With world-class operations in primary aluminum, fabricated aluminum, flexible and specialty packaging, aerospace applications, bauxite mining and alumina processing, today’s Lcan is well positioned to meet and exceed its customers’ needs for innovative solutions and service. As of 2006, Lcan employs 65,000 people and has 430 operating facilities in 59 countries and regions.
Since 2000, Lcan has made numerous acquisitions in the packaging sector including Pechiney, the global aluminum and packaging producer based in France. In addition to an increased capacity to serve customers worldwide, we also benefit from enhanced scale, a strengthened market position and complimentary industry-leading technologies and technological resources. We enjoy enhanced opportunities for growth, especially in the aerospace and packaging markets.
Lcan’s governing objective is to be ranked in the top quartile of companies. In order to meet this goal the corporation must:
• Grow operating earnings per share
• Create free cash flow to facilitate investment in growth
• Create Economic Value Added (EVA) efforts for the company