Hydropower Deal Between State and Alcoa Inc. Announced

Summary

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Governor Eliot Spitzer recently announced that an agreement has been reached with Alcoa, Inc., which has committed to maintaining hundreds of North Country jobs through 2043 in exchange for the continuation of low-cost hydropower to its Massena plants. Alcoa, Inc. - St. Lawrence County's largest employer and the world's leading producer and manager of primary aluminum, fabricated aluminum and alumina facilities - agreed to invest approximately $600 million for the major overhaul of its Massena East smelter and to retain approximately 1,065 jobs between its East and West Massena plants for at least 30 years, ence, Franklin, Essex, Jefferson, Lewis, Hamilton and Herkimer.

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Hydropower Deal Between State and Alcoa Inc. Announced

Governor Eliot Spitzer recently announced that an agreement has been reached with Alcoa, Inc., which has committed to maintaining hundreds of North Country jobs through 2043 ...

See the full content of this document

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