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| September 30, 2006
Alcoa Adds 170 Jobs to Support Re-Start of Second Potline at Pacific Northwest Smelter
NEW YORK--(BUSINESS WIRE)--Alcoa (NYSE:AA) announced today that it plans to operate a second
potline at its Intalco Works aluminum smelter in Ferndale, Wash., adding
170 high-wage jobs to the current workforce of 450, bringing total
employment to more than 600.
The re-start of a second potline during the first half of 2007 will
increase production by 7,500 metric tons a month, bringing total
production at the plant to 180,000 metric tons per year, which is two
thirds of the plant’s operating capacity. The
plant has not operated two potlines since April 2003.
“Intalco Works is one of the most efficient
converting plants in the world and can be a competitive facility when
given a reasonable power contract,” said Alan
Cransberg, President, Global Manufacturing, Alcoa Primary Products. “This
re-start is possible because of favorable market conditions combined
with previously announced benefits from the Bonneville Power
Administration and the State of Washington, as well as a new labor
contract. These components help us offset the cost of purchasing power
on the open market, as stipulated in our BPA contract for the next five
years.”
Alcoa views the short-term BPA benefits as a bridge until 2011, when the
company hopes to be able to once again purchase cost-based BPA power
like other key industries in the Pacific Northwest.
“This is tremendous news for our employees and
the coalition of government officials and community leaders who have
supported Alcoa Intalco Works through the years,”
said Mike Rousseau, plant manager, at the plant’s
40th anniversary open house celebration, where the announcement was
made. “This decision will bring substantial
additional economic impact to our community and region.”
Alcoa is the world's leading producer and manager of primary aluminum,
fabricated aluminum and alumina facilities, and is active in all major
aspects of the industry. Alcoa serves the aerospace, automotive,
packaging, building and construction, commercial transportation and
industrial markets, bringing design, engineering, production and other
capabilities of Alcoa's businesses to customers. In addition to aluminum
products and components, Alcoa also markets consumer brands including
Reynolds Wrap(R) foils and plastic wraps, Alcoa(R) wheels, and Baco(R)
household wraps. Among its other businesses are closures, fastening
systems, precision castings, and electrical distribution systems for
cars and trucks. The company has 129,000 employees in 44 countries and
has been named one of the top most sustainable corporations in the world
at the World Economic Forum in Davos, Switzerland. More information can
be found at www.alcoa.com
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