650 jobs saved; company purchases smelter in Sebree
Monday, May 13, 2013 at 9:14 am (Updated: May 13, 10:22 am)
HAWESVILLE, Ky. – A tentative agreement between the parent company of a Hancock County smelter and its power providers has eased fears that the area employer will close its doors this summer, costing the jobs of more than 600 people.
Century Aluminum, Kenergy Corp. and Big Rivers Electric Corp. announced April 29 that a framework was agreed upon for providing market-priced power to the Hawesville smelter.
Under the arrangement, the electric cooperatives will purchase power on the open market and pass it through to Century at the market price plus additional costs.
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