NEW YORK Alcoa Inc. has
decided to curtail its Auburn, Ind., plant next year due to
weak market conditions, a company spokeswoman told
"Alcoa will lay off employees at
its Auburn, Ind., plant and curtail the facility by the end of
March," the spokeswoman said in an e-mailed statement
Wednesday. "This was a difficult decision made necessary by
The plant, which is part of
Alcoas wheel and transportation products division,
produces auto components and extrusions, according to the
Pittsburgh-based companys website.
"Customer orders will be met by
other Alcoa facilities," the spokeswoman added.
Cutting costs has been cited as
a priority for Alcoa as weak aluminum prices combined with high
energy costs have put pressure on producers in recent years
(amm.com, Oct. 10).
Three-month aluminum traded at
$2,092.50 in the officials on the London Metal Exchange
Wednesday, down from $2,104.50 per tonne Tuesday.
There are 43 employees at the
plant that will be affected by the layoffs.
"We recognize how deeply this impacts them, and we are
working to support them through this transition process," the