Century Issues WARN Notice at Mt. Holly, SC Smelter
CHICAGO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Century Aluminum of South Carolina, a wholly-owned subsidiary of Century Aluminum Company (NASDAQ: CENX), today issued a notice to employees at its Mt.
- CHICAGO, Oct. 20, 2020 (GLOBE NEWSWIRE) -- Century Aluminum of South Carolina, a wholly-owned subsidiary of Century Aluminum Company (NASDAQ: CENX), today issued a notice to employees at its Mt.
- Holly, South Carolina aluminum smelter of its intent to curtail plant operations if the smelter is unable to secure a competitively priced power arrangement to deliver energy to the plant.
- The announcement was made pursuant to the federal Working Adjustment and Retraining Notification Act (WARN).
- Santee Coopers rates are the highest offered to any U. S. smelter and nearly twice as high as Century would be able to obtain on the open market.