Century warns of Aug. 20 Ky. smelter closure
Apr 17, 2013 | 11:30 AM
| Michael Cowden
CHICAGO Century Aluminum Co. plans to idle its Hawesville, Ky., smelter on Aug. 20 and could terminate its supply contract with its largest customer, Southwire Co., unless it can secure a better power deal, the company said April 16.
The Monterey, Calif.-based aluminum producer issued a Worker Adjustment and Retraining Notification Act (WARN) notice to the 750 employees at the 244,000-tonne-per-year Hawesville plant, Century added, also giving conditional notice to terminate its supply contract with Southwire on Aug. 20.
"We deeply regret the need to issue these notices at this time, and understand the uncertainty this action will cause our valued employees, our local communities and our long-standing partners at Southwire," Century president and chief executive officer Michael Bless said in a statement.....
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