Alcoa selling southwestern Indiana mill in $670 million deal
December 6, 2020
NEWBURGH, Ind. (AP) — Alcoa Corp. has reached an agreement to sell a large part of its aluminum manufacturing operations along the Ohio River in southwestern Indiana.
The Pittsburgh-based company announced this past week it would sell the Warrick Operations rolling mill to Kaiser Aluminum Corp. in a $670 million deal.
Nearly 1,200 people working at the rolling mill will become Kaiser employees under the deal, which is expected to become final in March, Alcoa Warrick spokeswoman Kari Fluegel told the Evansville Courier & Press.
No immediate significant changes to the mill's operations by C...