As expected there was an announcement today that Alcoa will close in August. Five hundred jobs to go. It's just not viable to continue they say. Meanwhile our silly self-obsessed mayor has made a video of himself swearing and shouting from his swimming pool, with fake abs and hair like my pet guinea pig. See Addie for the video -it's so stupid.
Storm clouds gather over Alcoa's Point Henry plant. Source: News Limited
ALCOA will today announce the closure of its Point Henry aluminium smelter near Geelong, endangering 1200 jobs, senior sources have revealed.
News Corp learned this morning that the company is preparing to inform workers of the dramatic step.
Alcoa said last night it wasn’t ready to reveal the face of its plan.
The closure of the smelter will further devastate the Geelong community.
The future of the plant has been under a cloud for months, with US aluminium giant Alcoa reviewing the plant’s operations.
The company has previously said it would make a decision on the plant’s future by the end of next month.
Alcoa received a $40 million grant from the former Federal Labor Government in 2012, but last month said it was not seeking any further Government assistance for the Point Henry plant, sparking speculation that its fate had been sealed.
The company said only last night that it had made no decision on the smelter’s future.
The potential closure of the smelter would be another heavy hit to the Victorian manufacturing industry.
Just nine days ago, Toyota announced it would pull out of Australia in 2017, costing 2500 Victorian jobs.
Alcoa spokeswoman Nichola Holgate said last night no decision had been made about the future of Point Henry.
Asked if there was to be an announcement today, she replied: “not to my knowledge’’ and said the company was comm