New Alma labor pact could boost expansion plans
Dec 28, 2006 | 08:44 AM
| Matthew Lerner
A labor agreement recently approved by workers at Alcan Inc.'s Alma smelter in Quebec could provide fresh impetus for a future expansion of the smelter.
More than 90 percent of the 800 workers at the 400,000-tonne-per-year aluminum smelter voted to accept the contract, which takes effect Jan. 1.
The new five-year pact will be extended by four more years if Alcan invests $1 billion in an expansion at Alma and the company starts construction by the end of 2010, raising the prospects for the proposed expansion.....
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