Century, Constellium and the Nov. 6 e...

Century, Constellium and the Nov. 6 election

There are 8 comments on the Charleston Daily Mail story from Sep 7, 2012, titled Century, Constellium and the Nov. 6 election. In it, Charleston Daily Mail reports that:

CONSTELLIUM, which owns the aluminum rolling mill at Ravenswood, says it has lost money in 11 of the last 13 years.

Join the discussion below, or Read more at Charleston Daily Mail.

Terri

Hurricane, WV

#1 Sep 7, 2012
I really can't understand this back and forth bickering and negotiating between Century Aluminum and the Public Service Commission. Okay, we all know worst case scenario it may cost residential customers $12.00 more a month on their bill (which by the way is merely a safety net if aluminum prices drop, not a guaranteed increase) but isn't APCO LOSING MILLIONS OF DOLLARS by the lights being SHUT OFF at Century Aluminum...and I'm thinking, because the power company is obviously losing money with their customer, Century Aluminum, not being in operation don't you think that maybe we already feel the effect of that increase on our bill each month. When any company or business loses revenue, they have to increase prices to make up for loss or go out of business. Just a thought; but maybe APCO has already been raising their rates since 2009 to make up for this loss. Seems to me everyone would benefit and everything would balance out if this plant would reopen. Come on people, this is simply arithmetic.
hank

Saint Albans, WV

#2 Sep 7, 2012
Terri do you think the. Electric company is losing money? Have them open their books. Century Aluminum paid around 9 million a month. "They claim" ok they close still paying unknown amount.Now everybody else picks up the slack.Math question
If over a million people paid a extra 15 dollars per month how much did they make.
The electric company has took advantage of this situation for to long. Now where does it stop? Every plant in the state is going to play the electric. Card
. Hey we know it's coming look at Ormett.And we being the little Guy will have to cover the cost.
Terri

Hurricane, WV

#3 Sep 8, 2012
No, I agree...but the PSC has great influence over the utility rates. I agree everyone has taken advantage of this situation and I'm sure we have rate increases all the time without any explanation of why. This time it just happens to be Century is taking the blame. I say reopen Century and get these people back to work.
psycho

Pomeroy, OH

#4 Sep 8, 2012
i say shut the freaken place down dismantle the fraken buildens and sell the scrap to china. salt the earth, and move on.
zero

Washington, WV

#8 Mar 9, 2013
Does every one think that the PSC is looking out us (the little guy)? I donít think so! Just go back and look at your elect bills. Mine has doubled scents Century has shut down! And if AAP has anything to do with it will continue to rise. Do you thing that AAP is going to lose any money? Everyone use it and they know it. I worked at Century, and have seen the bill. It looks just like mine. Just bigger numbers,($10 to $12 Million a month) thatís all. We will never see a refund, if the plant reopens, but maybe it will stop our bills from going any higher. The papers and the news kept saying 500 jobs will be created when it starts up. Wrong! More like 1500 or more. Itís not just about the guys working in the plant, itís the suppliers, truck drivers, local stores, and etc. too. And here is something else. The retires that lost their insurance, will only get it back when the plant reopens.
bacon hater

Greensburg, PA

#9 Mar 9, 2013
You have to be an uneducated, unskilled illiterate working at Constellium if you think that plant will ever reopen. Hilarious. That union destroyed the Ravenswood economy for the next 50 years, as well as billions in costs and losses for Century.

Century has found an excuse and will continue to find them to avoid ever rehiring those idiots. APCO won't lose money. They aren't going to bend over backwards for anyone. So Century invented their version of corporate welfare, where the government guarantees profits. They know damn well no one would ever go for it, so they're sticking with it. They set their price parameters so wide there's no way they'll have to reopen.

The Constellium CEO told the Associated Press that Rio Tinto's acquisition of the Ravenswood facility was "the worst decision ever" following the idiot strike a few months ago. Trust me, Constellium will close long before Century reopens.
fitness-guru

Norman, OK

#10 Mar 9, 2013
no demand = no open.
fitness-guru

Norman, OK

#11 Mar 9, 2013
chinamen work for 80 cents an hour. we owe them on account of obsama borrowing 4 trillion from them. they get the aluminum biz. clintoon sold the country down the river (nafta) and the liberal support of unions put the nails in the coffin.

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