Alcoa commits 900 jobs to Massena long-term
After more than a decade of long-term negotiations, Alcoa and Governor Cuomo announced today a deal to keep the aluminum giant in the company town for at least another 30 years.
Alcoa will invest $42 million to modernize its East plant – the former Reynolds plant – and add another smelter line, and guarantee at least 900 jobs. The company will also contribute $10 million to a North Country Economic Development Fund. In return, the company will get guaranteed low-cost electricity from the Moses-Saunders hydropower dam on the St. Lawrence River.
Governor Cuomo said in a press release:
Alcoa is a mainstay of the North Country’s economy and the surrounding vicinity, as the largest private-sector employer north of Syracuse. New York State is committed to supporting the company’s success as reflected by our partnership for the continued supply of low-cost hydropower. The modernization of the Massena operations will further reinforce Alcoa’s commitment to the region and secure their long-term future, so that we can keep good jobs here in the North Country.
Alcoa Executive Vice President and President of Global Primary Products Chris Ayers said in a press release that “modernizing Massena will help us move farther down the aluminum cost curve and secure Alcoa’s place as a vital part of the North Country’s economy for decades to come.” The deal is still pending a decision from the Environmental Protection Agency on a cleanup remedy for PCBs in the Grasse River. Ayers said the modernization work would begin in June.
Ernie LaBaff, president emeritus of the Aluminum, Brick, and Glassworkers International Union, started working at Alcoa in 1951, when more than 6,000 people worked at the two aluminum plants and Massena was booming.
Speaking Saturday, LaBaff said “900 of those jobs with those wages and benefits means a lot” to St. Lawrence County. He said Alcoa nearly pulled out of Massena in 2000-2001, when the New York Power Authority was renegotiating its license to operate the power dam. LaBaff says NYPA’s agreement to dedicate low-cost power to Alcoa was the instrumental decision in keeping the company in the North Country.
Tune in Monday morning to The 8 O’Clock Hour for more coverage.
Does anyone know how much is Alcoa paying for electricity now and how much are they going to pay in the future?
I know this is being taken by most everyone as very good news, but there is that one tiny caveat that caused me to turn a sceptical ear, and listen carefully. It’s certain that folks like Cuomo, Schumer, and the wealthy folks who own Alcoa don’t really have the little people in mind, and one has to be careful to hear what’s actually being said…as opposed to hearing what one would like to hear.
If you remove local wishes and history from the story, change the names and locations, and listen carefully, this story might have a different meaning. I am not sure this morning, whether I heard a story about corporate beneficence, or a story of a thinly veiled threat. How about an alternate headline; ALUMINIUM GIANT PROMISES TO CUT ONLY 200 JOBS IF STATE RELAXES ENVIRONMENTAL REGULATIONS.