One Potline to Close Permanently at Alcoa

NEW YORK--(August 14)--Alcoa (NYSE: AA) today announced that it will close or curtail 164,000 metric tons (mt) of smelting capacity in the United States and Brazil as part of its smelting capacity review that was announced in May.

One potline representing 40,000 metric tons at the Massena East plant in New York will be permanently closed. The closures and curtailments will be complete by the end of September.

“We committed in May to review our global smelting capacity for possible curtailment to maintain the Company’s competitiveness,” said Bob Wilt, president of Alcoa’s Global Primary Products. Wilt added that the Company will work with stakeholders in affected communities to minimize the impact of the closures and curtailments.