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Genesee & Wyoming Inc. Message Board

  • unclelarry66 unclelarry66 Jul 2, 2013 1:28 PM Flag

    Alcoa Launches Expanded Factory in Northern NY

    This would be on GWI's Massena Terminal RR
    By Mark Lawson | More Articles
    July 02, 2013

    Alcoa (NYSE:AA) Current price $7.83

    The aluminum major has broken ground on an expanded, more modern aluminum plant in northern New York, at Messena, across the St. Lawrence River from Ontario. Gov. Andrew Cuomo said on Monday that Alcoa will spend $42 million in preparation for modernization and added capacity at the facility, and that the company will provide another $10 million to a development fund that serves the counties of St. Lawrence, Franklin, Essex, Jefferson, Lewis, Hamilton, and Herkimer, and on the Akwesasne Mohawk Reservation.

 
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