Ormet may curtail all smelting, lay off 998
Jul 25, 2012 | 03:47 PM
| Suzy Waite
NEW YORK Ormet Corp. has notified state government officials that it may curtail all six potlines at its 270,000-tonne-per-year aluminum smelter in Hannibal, Ohio.
"Such curtailment of operations and reduction in force is expected to be indefinite," the company wrote in a July 19 letter filed with the Ohio Department of Job and Family Services.
The company has issued Worker Adjustment and Retraining Notification (WARN) Act notices to the 998 workers who would be affected by the potential shutdown. ....
To access AMM's full content, please log in below. If you do not have an AMM account, we invite you to take a free trial or subscribe below.
Already a registered amm.com user?
Access to amm.com editorial content is granted only to paid subscribers and trialists. If you do not have an active account in your own name, please either subscribe or take a trial and you will have instant access to amm.com content. Sharing your login credentials with individuals who are not subscribers represents a violation of AMM copyright.
Every morning, every minute no matter how often you follow the markets, there's an AMM subscription to fit your needs.
Not sure if you are ready to invest in a subscription right now? Take a free, no-obligation trial. Start your free trial today.