Noranda still feeling impact from 2009 storm
Oct 24, 2012 | 05:43 PM
| Suzy Waite
Tags
Noranda,
New Madrid,
aluminum,
smelter,
Layle K. (Kip) Smith,
Kip Smith,
Suzy Waite
NEW YORK — Noranda Aluminum Holding Corp. anticipates that an ice storm that hit its New Madrid, Mo., smelter nearly four years ago will have a negative impact in the fourth quarter.
During the January 2009 ice storm, Noranda shut two of its three potlines down at New Madrid, but kept one "operating through and immediately after the ice storm," Layle "Kip" Smith, Noranda president and chief executive officer, told analysts on a call following the release of the company’s third-quarter earnings.
"During that outage, we were getting surges of power. We’d have power for a while, then it would fail, then it would come back again. There were lots of ups and downs," Smith said.....
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