July 1, 2013

Massena Celebrates Next Phase of Modernization

Economic Development Fund Capitalized; Alcoa Foundation Grant Awarded

MASSENA, NY – July 1, 2013 -- Along with elected officials and community leaders, Alcoa today celebrated the groundbreaking for the Massena Modernization Project with the presentation of a $10 million check for the North Country Economic Development Fund and an Alcoa Foundation grant to support workforce development.


Alcoa approved $52 million for the next phase of the modernization project in April, including $10 million to capitalize the North Country Economic Development Fund, which is a requirement of its new power contract with the New York Power Authority (NYPA).  Alcoa presented the ceremonial check to New York Lt. Governor Robert Duffy, local NYPA Trustee Eugene Nicandri and NYPA President and CEO Gil Quinones.


In addition, Alcoa Foundation awarded a $50,000 grant to CITEC, a Potsdam-based not-for-profit economic development organization, to pilot a program that will help students obtain the necessary skills to qualify them for positions in North Country manufacturing firms. The goal of the initiative, called the North Country Manufacturing Readiness Program, is to help individuals qualify for higher-wage jobs and to help employers increase productivity and performance in their companies.  The program is a partnership between CITEC, St. Lawrence-Lewis Board of Cooperative Educational Services (BOCES) and local high schools.


“Alcoa is pleased to work with the State of New York and the community to ensure that we remain an integral part of the North Country’s economic development,” said U.S. Primary Products President John D. Martin.


“Alcoa’s commitment to the North Country Economic Development Fund and the Alcoa Foundation grant for workforce development will help build the region’s workforce and provide opportunities to energize the economy.”


Elected officials in attendance at the groundbreaking included Lt. Governor Duffy, U.S. Sen. Charles Schumer, Congressman Bill Owens, New York State Senators Joseph Griffo and Patty Ritchie, Assemblywoman Addie Russell and Massena Town Supervisor Joe Gray.


About Alcoa
Alcoa is the world’s leading producer of primary and fabricated aluminum, as well as the world’s largest miner of bauxite and refiner of alumina. In addition to inventing the modern-day aluminum industry, Alcoa innovation has been behind major milestones in the aerospace, automotive, packaging, building and construction, commercial transportation, consumer electronics and industrial markets over the past 125 years. Among the solutions Alcoa markets are flat-rolled products, hard alloy extrusions, and forgings, as well as Alcoa® wheels, fastening systems, precision and investment castings, and building systems in addition to its expertise in other light metals such as titanium and nickel-based super alloys. Sustainability is an integral part of Alcoa’s operating practices and the product design and engineering it provides to customers. Alcoa has been a member of the Dow Jones Sustainability Index for 11 consecutive years and approximately 75 percent of all of the aluminum ever produced since 1888 is still in active use today. Alcoa employs approximately 61,000 people in 30 countries across the world. For more information, visit www.alcoa.com, follow @Alcoa on Twitter at www.twitter.com/Alcoa and follow Alcoa on Facebook at www.facebook.com/Alcoa.