Alcoa Fears Shutdown, Loss of 600 Jobs

Market News

ABC New 4 reports that Alcoa (NYSE:AA) announces that its power rates have become too expensive and it may have to shut done the plant in Lowcountry.

ABC New 4 reports that Alcoa (NYSE:AA) announces that its power rates have become too expensive and it may have to shut done the plant in Lowcountry.

The market news is quoted as saying:

Right now the plant is responsible for 640 jobs in the Lowcountry and hundreds of millions of dollars in economic impact.

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