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Ormet is prepping for shutdown

Company issues WARN?notice

August 10, 2013

HANNIBAL — Roughly 900 people could be in the unemployment line by November if Ormet Corp. follows the provisions of the Worker Adjustment and Retraining Notification Act notice....

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Aug-10-13 3:49 PM

Call it AEP greed...let's see Ormet is getting power for less than 4 cents per kilowatt....power plants are closing equals less power on the grid causing the cost will go up. We are paying 6.99 cents per kilowatt. Just at today's rates AEP will have a 57% profit increase by letting Ormet tank....And people will still have to buy their power. As for me anywhere I can convert to gas I'm doing it

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