Noranda, an aluminum foil plant in Huntingdon, may be on the market for sale, but Huntingdon Mayor Dale Kelley does not believe there will be an interruption in production.
¡°They have put it on the market, but it probably won¡¯t be until the first of July before a bid is accepted,¡± Kelley said. ¡°This is a very productive plant, very profitable that is operating at 100 percent capacity.¡±
Noranda has about 400 employees in Huntingdon.
The Franklin-based company, which filed for bankruptcy protection from its creditors under Chapter 11 in February, is seeking court approval to auction its aluminum products business, including two facilities in Huntingdon.
see more at:yikai-aluminum
|