The plant had been releasing pollutants into the air and water for decades, and the closure did nothing to address these issues. The Russians have cut off the cash. Additionally, the government could incentivize businesses to invest in green technologies, such as solar and wind power. "The agreement will allow the world's second largest producer of aluminum to stay out of Russian state or Chinese ownership.". On Friday, it turned bizarre. Local politicians were quick to point fingers and assign blame for the plants closure. We'll send breaking news and news alerts to you as they happen! Your email address will not be published. Finally, in 2019, the plant was officially closed due to financial losses. (This content is not subject to review by Daily Kos staff prior to publication. Daily Kos moves in solidarity with the Black community. HAWESVILLE, Ky. (AP) A large aluminum plant in Kentucky is temporarily halting production and laying off more than 600 workers due to rising energy costs. Instead, the people of Kentucky got nothing. Share with Us. Steel Dynamics said it will completely own the two supporting recycled aluminum slab centers one to be built in the southwestern U.S. and the other in Mexico. Steelmaker moves ahead on effort to build plant in Southeast; Ky You have permission to edit this article. For more discussion about this story join our Rachel Maddow and MSNBC group. Jack Brammer is Frankfort bureau chief for the Lexington Herald-Leader. Notwithstanding anything herein to the contrary, the Chairman, President and/or Chief Executive Officer may be removed, either with or without cause, solely by an affirmative vote of seventy (70%) percent of the members of the Board of Directors, the bylaws read. The lesson for Republicans should be that if they are going to sell themselves out to Putin, they should be smart enough to get payment up front. The Evergreen State takes the top spot again in the U.S. News Best States ranking on the strength of its tech sector and other industries. racist or sexually-oriented language. Kentucky gave a $15 million investment into the project in 2017 after Braidy Industries, now called Unity Aluminum, promised to build a massive aluminum mill near Ashland. Civil & Environmental Consultants wins aluminum-plant contract By STEVE PEOPLES and ZEKE MILLER Through interviews with former employees, local businesses, and politicians, we gained insight into the causes of the closure and its effects on the local economy, environment, and politics. He said that management was always looking for ways to cut costs and improve efficiency, but these efforts were ultimately unsuccessful in keeping the plant afloat. Commercial production is planned to begin in early 2025, the company said. A large aluminum plant in Kentucky is temporarily halting production and laying off more than 600 workers due to rising energy costs. They are still excited about the project and expect it to be built, expect it to be completed. Im sorry for the stress that was created in Ashland yesterday. An oligarch with ties to Putin promised a $200 million investment in the state and hundreds of jobs. "Taken as a whole, Manafort's high-level access and willingness to share information with individuals closely affiliated with the Russianintelligence services, particularly Kilimnik and associates of Oleg Deripaska, represented a grave counterintelligence threat," it also says.
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