Foundry Magazine
Foundry Channels
  METALS & ALLOYS   MELTING   REFRACTORIES   SAND & BINDERS   POURING & FILTERING   COREMAKING   MOLDING   SIMULATION   AUTOMATION   PROCESS CONTROL   SHAKEOUT, CLEANING,
  & FINISHING
  HEAT TREATING   TESTING, MEASURING,
  & QUALITY CONTROL
  ENVIRONMENT, HEALTH,
  & SAFETY
USEFUL LINKS SUBSCRIPTIONS CONTACT US
 
Alcoa to Close Automotive Casting Plant Due to Surplus Capacity
By FMT Staff | Published May 19, 2005
Reprints  |   Printer Friendly
  |   Email a Friend

Kentucky plant had been operating 20%, Alcoa says

Alcoa Automotive Castings will be closing its Hawesville, KY, plant by the end of this year because of surplus capacity in its own organization, and the aluminum producer indicates it expects to sell the operation. Closing the plant will result in a charge of $45 million to $50 million, according to Alcoa, and 158 employees will be “impacted,” the corporation stated.

AAC president Allen Zwierzchowski stated: "This plant closing is not a reflection on the strong workforce we have in Hawesville. They are a talented and dedicated group. Unfortunately this facility is operating at less than 20% of its capacity. With certain program contracts winding down, the plant from a business perspective is no longer viable."

Alcoa Automotive Castings produces structural and “safety-critical” components that include knuckles, control arms, cradles, and sub-frames at other plants in Farsund, Norway, and Fruitport, MI. Of its plan to sell the Hawesville plant, Alcoa stated it would work with the community there to attract buyers that may use the plant and lessen the closing’s effect.

Reprints  |   Printer Friendly   |   Email a Friend
Metal Producing Review
Rating :
Your Email Address (optional) :
Comments (optional - 100 characters maximum) :
Note: the email address
is for internal use only.
It is not posted or shared.
Foundry Share Through Social Bookmarking