• One of nation's only aluminum smelters set to close in Missouri Boothee

    From Leroy N. Soetoro@21:1/5 to All on Wed Jan 31 20:16:07 2024
    XPost: alt.fan.states.missouri, alt.business, sci.engr.metallurgy
    XPost: alt.fan.rush-limbaugh, talk.politics.guns

    https://www.ksdk.com/article/money/business/aluminum-smelter-close- missouri-bootheel-shut-down-layoffs/63-3b213c88-8707-4353-bed6- 39aa21666a35?ref=exit-recirc

    MARSTON, Mo. — One of the nation’s last primary aluminum smelters, which employs more than 400 workers in the Missouri Bootheel, will reportedly
    close its doors.

    The Magnitude 7 Metals plant, in the southeast Missouri town of Marston, announced Wednesday it would curtail operations, according to Industrious
    Labs, an industry analysis group. In a press release, Industrious Labs
    said the plant represents about one-fifth of the nation’s aluminum
    production.

    Sen. Jason Bean, a Republican from Holcomb who represents New Madrid
    County, said his office received no advanced warning that the closure was coming.

    “It’s absolutely devastating to our area,” Bean said Thursday afternoon.
    “Just awful.”

    Clean energy groups, including Renew Missouri and the Sierra Club, blamed
    the closure on the smelter’s dependence on fossil fuels. James Owen,
    executive director of Renew Missouri, said the plant’s loss “cannot be overstated.”

    “This is devastating news for Missouri and the Marson community,” Owen
    said in the release. “The smelter provided a lifeline to the entire
    community, providing both good union jobs and taxes to the local economy.”

    Missouri House Minority Leader Crystal Quade, a Springfield Democrat who
    is running for governor, quickly filed legislation Wednesday in an effort
    to save the smelter.

    “As we all saw during the COVID-19 pandemic, local and domestic supply
    lines are essential to keep our economy functioning normally,” Quade said. “Keeping this smelter open saves jobs and ensures Missouri serves an
    integral role in keeping America safe, secure and prosperous.”

    U.S. Sen. Josh Hawley wrote to President Joe Biden Thursday, urging him to
    use the Defense Production Act to keep Magnitude 7 Metals open because of aluminum’s use in planes, cars, solar panels and military equipment.
    Hawley said doing so would “preserve good-paying union jobs and safeguard national security.”

    “Not only is this development a devastating blow to working families and good-paying union jobs in my state,” Hawley wrote to Biden, “but it
    directly threatens the national economic security of the United States.”

    A local TV station in New Madrid County reported workers at the aluminum smelter had received a letter saying “most employees will no longer be
    required after January 28.” The letter says, however, the plant will
    continue looking for investors and “look for ways to restart the smelter
    in the future.” Circumstances that led to the closure “were not reasonably foreseeable,” the letter claims. It blames recent cold weather for
    severely impairing the plant’s operations.

    However, Quade’s chief of staff, Marc Powers, said in an email that the
    plant’s owner Matt Lucke confirmed the coming closure in a meeting with
    Powers and members of Gov. Mike Parson’s staff more than a month ago. And
    Quade wrote to Parson in November about the possibility of a closure if
    the plant didn’t find a buyer.

    But the Magnitude 7 closure was not listed among layoff notices listed on
    the Missouri Office of Workforce Development’s website under the Worker Adjustment and Retraining Notification, or WARN, Act. The law, requiring employers to provide notice 60 days before mass layoffs, exempts companies
    in cases where layoffs arise from “unforeseeable business circumstances.”

    Lucke declined to comment. Parson’s office could not immediately be
    reached for comment.

    Magnitude 7, which acquired the plant from Noranda Aluminum in 2018, was
    under a consent decree with the state — along with a nearby coal-fired
    power plant — for sulfur dioxide pollution.

    Because of the two operations, part of New Madrid County had triple the
    limit of sulfur dioxide in the air, putting it out of compliance with Environmental Protection Agency standards. The compound, a component of
    acid rain, can exacerbate breathing and heart issues.

    Magnitude 7 had intended to build a $7 million, 213-foot stack to
    dissipate emissions concentrated in New Madrid County.

    Missouri lawmakers last year included an $8.5 million loan in the budget
    for Magnitude 7. The loan raised constitutional questions, and Gov. Mike Parson, a Republican, vetoed that line in the budget.

    Quade’s bill is an attempt to lower energy costs for the smelter.
    Electricity is the largest single cost to aluminum smelters, according to
    a 2022 Congressional Research Service report.

    The bill would encourage electric utilities to add more renewable and
    natural gas energy to its portfolio to lessen its dependence on coal. It
    would also allow a third-party renewable energy provider to generate electricity onsite and provide it directly to the smelter.

    This story was updated at 4:15 p.m. Wednesday to include comments from
    U.S. Sen. Josh Hawley.


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  • From Bob La Londe@21:1/5 to Leroy N. Soetoro on Thu Feb 1 14:23:39 2024
    XPost: alt.fan.states.missouri, alt.business, sci.engr.metallurgy
    XPost: alt.fan.rush-limbaugh, talk.politics.guns

    On 1/31/2024 1:16 PM, Leroy N. Soetoro wrote:
    https://www.ksdk.com/article/money/business/aluminum-smelter-close- missouri-bootheel-shut-down-layoffs/63-3b213c88-8707-4353-bed6- 39aa21666a35?ref=exit-recirc

    MARSTON, Mo. — One of the nation’s last primary aluminum smelters, which employs more than 400 workers in the Missouri Bootheel, will reportedly
    close its doors.

    The Magnitude 7 Metals plant, in the southeast Missouri town of Marston, announced Wednesday it would curtail operations, according to Industrious Labs, an industry analysis group. In a press release, Industrious Labs
    said the plant represents about one-fifth of the nation’s aluminum production.

    Sen. Jason Bean, a Republican from Holcomb who represents New Madrid
    County, said his office received no advanced warning that the closure was coming.

    “It’s absolutely devastating to our area,” Bean said Thursday afternoon.
    “Just awful.”

    Clean energy groups, including Renew Missouri and the Sierra Club, blamed
    the closure on the smelter’s dependence on fossil fuels. James Owen, executive director of Renew Missouri, said the plant’s loss “cannot be overstated.”

    “This is devastating news for Missouri and the Marson community,” Owen said in the release. “The smelter provided a lifeline to the entire community, providing both good union jobs and taxes to the local economy.”

    Missouri House Minority Leader Crystal Quade, a Springfield Democrat who
    is running for governor, quickly filed legislation Wednesday in an effort
    to save the smelter.

    “As we all saw during the COVID-19 pandemic, local and domestic supply lines are essential to keep our economy functioning normally,” Quade said. “Keeping this smelter open saves jobs and ensures Missouri serves an integral role in keeping America safe, secure and prosperous.”

    U.S. Sen. Josh Hawley wrote to President Joe Biden Thursday, urging him to use the Defense Production Act to keep Magnitude 7 Metals open because of aluminum’s use in planes, cars, solar panels and military equipment.
    Hawley said doing so would “preserve good-paying union jobs and safeguard national security.”

    “Not only is this development a devastating blow to working families and good-paying union jobs in my state,” Hawley wrote to Biden, “but it directly threatens the national economic security of the United States.”

    A local TV station in New Madrid County reported workers at the aluminum smelter had received a letter saying “most employees will no longer be required after January 28.” The letter says, however, the plant will continue looking for investors and “look for ways to restart the smelter
    in the future.” Circumstances that led to the closure “were not reasonably
    foreseeable,” the letter claims. It blames recent cold weather for
    severely impairing the plant’s operations.

    However, Quade’s chief of staff, Marc Powers, said in an email that the plant’s owner Matt Lucke confirmed the coming closure in a meeting with Powers and members of Gov. Mike Parson’s staff more than a month ago. And Quade wrote to Parson in November about the possibility of a closure if
    the plant didn’t find a buyer.

    But the Magnitude 7 closure was not listed among layoff notices listed on
    the Missouri Office of Workforce Development’s website under the Worker Adjustment and Retraining Notification, or WARN, Act. The law, requiring employers to provide notice 60 days before mass layoffs, exempts companies
    in cases where layoffs arise from “unforeseeable business circumstances.”

    Lucke declined to comment. Parson’s office could not immediately be
    reached for comment.

    Magnitude 7, which acquired the plant from Noranda Aluminum in 2018, was under a consent decree with the state — along with a nearby coal-fired power plant — for sulfur dioxide pollution.

    Because of the two operations, part of New Madrid County had triple the
    limit of sulfur dioxide in the air, putting it out of compliance with Environmental Protection Agency standards. The compound, a component of
    acid rain, can exacerbate breathing and heart issues.

    Magnitude 7 had intended to build a $7 million, 213-foot stack to
    dissipate emissions concentrated in New Madrid County.

    Missouri lawmakers last year included an $8.5 million loan in the budget
    for Magnitude 7. The loan raised constitutional questions, and Gov. Mike Parson, a Republican, vetoed that line in the budget.

    Quade’s bill is an attempt to lower energy costs for the smelter. Electricity is the largest single cost to aluminum smelters, according to
    a 2022 Congressional Research Service report.

    The bill would encourage electric utilities to add more renewable and
    natural gas energy to its portfolio to lessen its dependence on coal. It would also allow a third-party renewable energy provider to generate electricity onsite and provide it directly to the smelter.

    This story was updated at 4:15 p.m. Wednesday to include comments from
    U.S. Sen. Josh Hawley.



    With the still standing Trump tariffs on imports this will drive the
    price aluminum extrusions sky high. It could well put me out of
    business. The big shops buying truckloads and train cars of metal will
    see a direct proportional increase, but us little guys to whom
    600-1000lbs is a big order will take it up the @ss. The distributors
    and metal yards will see it as an opportunity to jack prices to the
    little guys again.

    --
    Bob La Londe
    CNC Molds N Stuff


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