Alcoa
announced that it is prepared to proceed with the next phase of the
modernization of its Massena, NY operations, once the company receives a
Record of Decision (ROD) on the Grasse River that is in line with the
Proposed Remedial Action plan issued by the Environmental Protection
Agency last fall. The next phase includes spending $52 million for work
that will begin in June 2013, including $10 million toward economic
development in the North Country.“Thanks to the leadership of
U.S. Sen. Charles Schumer, Gov. Andrew Cuomo, the New York Power
Authority and many other government officials, employees, union leaders
and community members, we are ready to take this important step toward
modernizing our Massena facilities,” said Alcoa Executive Vice President
and President of Global Primary Products Chris Ayers.
Once a ROD
is received, the next phase of the modernization will include site work
and support projects in preparation for the construction of a new
potline at the location's Massena East plant. The company expects to
spend $52 million on this modernization phase through 2015, including
the $10 million commitment toward economic development.
Source by Commodity Insights
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