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Ormet Shuttering Plant; 750 Workers to Lose Job

October 4, 2013

HANNIBAL, Ohio -- The partial rate reduction granted to Ormet Corp....

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(5)

nobama

Oct-07-13 9:29 AM

Oopps AEP

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nobama

Oct-07-13 9:28 AM

On a previous post I jumped on the bandwagon to blame EAP....on second thought what an opportunity for another owner to come in and take advantage of the situation and open it non union.......I find it odd that Ormet didn't at least approach the workforce asking for concessions....make me wonder

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turley

Oct-06-13 9:27 AM

You mean we cant power an aluminum plant with a windmill and some solar panels????....shocking.......keep supporting obama and his gangsters.....more of this will come.

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Unitas

Oct-05-13 7:36 AM

This place is collateral damage in the War on Coal. Electricity is over 40% of the cost of smelting. coal generated electricity has become too expensive. The next question is, will Wayzata foreclose on the debt or buy the plant? Foreclosure means a repeat of Severstal, no healthcare for the displaced employees.

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Thoughtful

Oct-04-13 9:34 PM

a very sad day for these 750 employees. Let us hope that Wayzata will find a way to make this deal and reopen..............

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