Hydro to restart Slovak plant, strikes deal to supply wire rod to French cable maker
Hydro has reached two recent deals involving its operations in Europe.
Hydro has reached two recent deals involving its operations in Europe.
Novelis Inc.’s hot mill in Oswego, New York, is back online after fires in 2025 damaged the facility.
The labor contract covers workers at Alcoa's smelters in Massena, N.Y., and Warrick, Ind.
“We will have coils coming off the mill within the next few weeks, well ahead of our previous guidance of end of June in the fourth quarter,” said Steve Fisher, president and CEO of the Atlanta-based company.
The facility will make aluminum and plastic components for US automakers.
The causes of the fires are still under investigation.
“There's absolutely no doubt that aluminum will be a growth platform for us going forward,” said Mark Millett, co-founder, chairman & CEO of the Indiana-based steelmaker.
“Both parties will now solely focus their greenfield development efforts in the United States on the Inola, Okla., site,” the companies said in a press release.
Atalco is getting a $450 million infusion to expand production in Louisiana
The changes are happening months after recent fires took parts of the facility offline.