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Article: Hope arises in Ravenswood, Century officials keeping eye on aluminum market, negotiations
- Article from:
- Charleston Daily Mail
- Article date:
- October 30, 2009
- Author:
CopyrightCopyright 2009 Charleston Daily Mail. Provided by ProQuest LLC. (Hide copyright information)
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DAILY MAIL CAPITOL REPORTER
Century Aluminum Co. is taking preliminary steps that could allow
it to reopen the Ravenswood plant it took offline back in February,
a move that threw some 650 people out of work. A company official
said the company is in talk with unions to drive down labor costs
and with Appalachian Power to get cheaper electricity. Century also
recently announced it was cutting retiree benefits, which the
company described as a cost-saving measure. But nothing can happen
until aluminum prices rebound. Century closed its 52-year-old
smelter south of Ravenswood in February because of the poor market
for aluminum, which is used in everything from automobiles and
airplanes to ...