Alcoa (AA) Sets Date for Layoffs at its Rockdale, Texas, Aluminum Smelter
More News related to AA
- Alcoa Features Aluminum Solutions for Building and Construction Industry at Greenbuild 2008
- David Moenning's Daily State of the Markets: 11/17
- Morning Movers 11/17: United Therapeutics (UTHR) Sinks On Drug Failure, Las Vegas Sands (LVS) Up On Auditor Commnets
- Aluminum Provides Sustainable Future for Automotive Market
- UBS Downgrades Alcoa (AA) to Neutral
More News related to Corporate News
- Citi Initiates Coverage on US Soft Drink Makers
- William Blair Initiates Coverage on Data Networking Stocks
- Caris Starts Coverage on Ariba (ARBA), Concur (CNQR), salesforce.com (CRM), Taleo (TLEO)
- Oppenheimer Initiates Coverage on ViroPharma (VPHM)
- Oppenheimer Initiates Coverage on Cadence Pharmaceuticals (CADX) with an Outperform
Alcoa (NYSE: AA) has set dates for the layoff of approximately 300 employees at its Rockdale, Texas, aluminum smelter where the company has idled half of its production. In addition, approximately 100 contract employees will be affected. The plant was partially shut in June 2008 because of ongoing supply issues with Luminant’s onsite power generating unit, Sandow Unit 4, which have exposed the plant to uneconomical power prices.
Alcoa Inc. (Alcoa) is engaged in the production and management of primary aluminum, fabricated aluminum, and alumina combined, through its active and growing participation in all aspects of the industry, including technology, mining, refining, smelting, fabricating, and recycling.[SM]
Related Categories
Corporate NewsStocks Mentioned
+1.59Sign up for StreetInsider Free!
Receive full access to all new and archived articles, unlimited portfolio tracking, e-mail alerts, custom newswires and RSS feeds - and more!
