Alcoa has agreed to sell its rolling mill operation.
Kaiser Aluminum Corporation will acquire the business for $650 million, with the deal expected to close during the first quarter of 2021 after regulatory approval.
The rolling mill operation is a part of the Alcoa presence in Warrick County.
Alcoa will retain ownership of its aluminum smelter and its electric generating station.
Almost 12-hundred Alcoa employees at the rolling mill will become employees of Kaiser when the deal closes…
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