Business
4:40 pm
Wed September 12, 2012

Ormet to lay off 200 at Burnside plant

Ormet Corp. plans to lay off 200 people at its alumina plant in Ascension Parish because of reduced demand caused by rising power rates in Ohio.

The Advocate reports Ormet issued 60-day federal layoff notices Tuesday for the plant in the town of Burnside, which produces the primary raw material used in aluminum production. This comes two weeks after Ormet said it would reduce operations at its aluminum smelter in Hannibal, Ohio, which uses the Burnside alumina.

Ormet reopened the shuttered Burnside alumina plant in late 2011, after the plant had been closed for five years.

The 60-day notices mean layoffs could begin in early November.

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