aluminum

J. Tyler Franklin

The CEO of an aluminum mill slated to open in eastern Kentucky claims the company will be able to sell aluminum for 50 percent cheaper than its competitors, allowing it to pay workers $65,000-per-year starting salaries.

This spring, Braidy is scheduled to break ground on the $1.3 billion plant, which will be located in an industrial park that straddles Greenup, Boyd and Carter Counties.

Alcoa Public Relations

After 56 years in operation, the Alcoa smelter in Warrick County, Indiana has shut down. The aluminum plant ended operations March 24.

The Evansville Courier and Press reports the smelter had 600 employees and about 325 of those have been laid off.  Aloca said the rest have accepted retirement or severance packages or found other employment.

Alcoa announced the shutdown in January and blamed it on the drop in aluminum prices.  

The Alcoa Warrick smelter was one of the last coal-fired smelters in the country.