Alcoa (AA) Reaches New Renewable Power Deal for Wenatchee, WA Smelter
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Alcoa (NYSE: AA) announced it has reached agreement with the Chelan PUD on a new, clean-energy hydropower contract to supply its Wenatchee, Washington aluminum smelter through 2028. The new contract, which begins in 2011, will provide enough energy to enable the start-up of a third potline at the smelter in 2012.
In announcing the new power agreement, John Thuestad, President of Alcoa's US Primary Products said, "This is an excellent example of a community working together with industry to help secure the future for family wage jobs in Wenatchee. In addition to the more than 400 jobs in Wenatchee today, this new agreement provides incremental power for increased production of 42,000 metric tons annually, bringing another 60-80 new jobs to the region.
Alcoa is the world leader in the production and management of primary aluminum, fabricated aluminum and alumina combined, through its active and growing participation in all major aspects of the industry.
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