Tag: Century Aluminum

Century Aluminum, Retirees Reach $23M Settlement

A group of retired workers from Century Aluminum says the company has agreed to pay $23 million to help cover their health care.

Benefits were taken away shortly after the plant in Ravenswood closed in 2009.

WSAZ-TV reports the money, if approved by the court, will provide health benefits to more than 700 retirees and their families. The group Century Aluminum Retirees announced the settlement Tuesday, six years to the day since the group’s first meeting.

A member of the group, Karen Gorrell, said the settlement was reached in August, but court papers weren’t filed until last week.

Efforts to obtain a special electricity rate for the plant failed almost two years ago, and the company said the plant would not be restarted.

Ravenswood Century Aluminum Plant Permanently Shut Down

Century Aluminum has announced that it will permanently close its Ravenswood plant, effective immediately.

Gov. Earl Ray Tomblin issued a statement after the company’s Monday announcement, urging Century to reconsider its decision and continue to work with officials to find a different solution.

The plant had struggled for years, with 650 employees out of work since the plant was idled in February 2009.

The company says it is shuttering the plant because it had not been able to obtain a competitive power supply contract. It also says economic conditions have made it too costly to restart the plant.

Sen. Majority Leader Mitch Carmichael expressed disappointment with the closure, but was hopeful for the future uses of the 1957 plant in Jackson County.

Exit mobile version