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Century, Aluminum retirees 'bewildered' by company's actions

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One of the biggest business news stories to unfold last year was Century Aluminum’s attempt to set up a special rate plan to restart its Ravenswood plant. The PSC denied that plan last October, issuing its own, which the company said would not allow it to restart.  The saga involved a lot of drama early on last year, when the company finally brokered an agreement to restore some health care benefits to its retirees.  However, that plan was contingent upon the company restarting the plant.

Fast forward to this year, and the company has purchased another (newer) plant in Kentucky and barely mentioned the Ravenswood site on its most recent quarterly earnings conference call.

 

http://blogs.charlestondailymail.com/dollarsandsense/2013/08/22/century-aluminum-retirees-bewildered-by-companys-actions/

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