900 JOBS LOOMING AT RAVENSWOOD ALUMINUM PLANT - Pending Sale Could Affect Future

(10/05/2003)
Tension has returned over the future of 900 jobs in Jackson County over the Pechiney Ravenswood plant.

Once again, the plant is on shaky ground.

The fate of jobs looming.

The Ravenswood plant, which has been up and down with numerous problems, will be placed on the market because of antitrust concerns stemming from a Canadian-based corporation's looming takeover of its parent company.

Workers have taken large cuts over the years to keep the plant operating.

Alcan Incorporated is poised to take over French-based Pechiney for nearly five billion dollars, creating one of the world's largest aluminum companies.

A hitch in the proposed agreement - Alcan must find a buyer for the Ravenswood plant.

Numerous regional residents work at the Ravenswood plant, which once employed several thousand people when it was Kaiser Aluminum.