Century to Invest US$116.5 MM in Hawesville Aluminium Smelter
06 April 2018 by Staff
Kentucky Governor Matt Bevin announced earlier this week the investment of US$116.5 million by Century Aluminum into improvements at its operations at its smelter in Hawesville.
Per the press release, Century’s investment in the Hawesville smelter will include an upgrade in the smelting technology in use, as well as for training of new and current employees on use of the equipment.
According to Century, the planned upgrades are vital to the firm’s continued competitiveness in the several areas within which it operates, including the defense, aerospace and electrical sectors.
Jesse Gary, executive vice president of Century, pointed to policy actions taken by both the Commonwealth and federal governments as being decisive in making the choice to invest in the Hawesville facilities.
“We are pleased to announce this investment to bring the Hawesville smelter back to full production and upgrade its technology to best in class. We are grateful to Gov. Bevin, the Kentucky General Assembly and the Kentucky Economic Development Cabinet for their leadership in making the Commonwealth of Kentucky such a great place in which to invest in and grow our business. Together with President Trump’s decisive action to implement effective Sec. 232 relief and the dedication of our excellent employees, these leaders have been instrumental in bringing these hundreds of jobs back to Kentucky.”
In addition to equipment upgrades, Century plans to augment its on-site workforce by adding up to 250 new employees. Among the fields in which the firm is expected to add workers are hourly production positions, mechanics, electricians, supervisor roles, technicians, and engineers.
“We here in Hancock County are very excited about the news of Century Aluminum restarting the three idled pot lines,” added Hancock County Judge-Executive Jack McCaslin. “The rehiring of the 300 employees at Century Aluminum will be great for the laid off employees in Hancock County as well as our surrounding areas.”
In addition to President Donald Trump’s aluminium tariffs, Century credits state tax incentives of up to US$5.5 million and participation of a state jobs-training program as weighing heavily in favor of the investment into new equipment at the site.