Alcoa announced today plans to reopen their plant in Nash after closing it in 2009 due to a continued weak outlook in common alloy markets.
The plant will be part of Alcoa’s Global Rolled Products business and should open in the first half of 2016.
Alcoa is investing $6 million to restart two casting pits at the facility, with slab production expected to ramp up in the first half of 2016, the company said. About 80 full-time positions are expected to be created by 2016.
According to Alcoa the plant will employ 80 people full time.
“Automakers who are increasingly using aluminum in their cars and trucks are the big drivers behind the announcement,” Mark Vrablec, president of Alcoa Aerospace Transportation & Industrial Products, said in a statement. “By restarting the Texarkana casthouse, we are creating a new, cost-effective source of aluminum slab for our business, and that metal will be transformed by our rolling mills into value-add products for our customers.”
According to Alcoa aluminum slab produced at Texarkana will be shipped to their rolling mills in Davenport, Iowa, and Lancaster, Pa., where it will be turned into aluminum sheet.