NYPA, Alcoa Partner to Save Hundreds of Jobs at Massena, NY Operations Despite Major Production Curtailment
In an innovative example of a private corporation and a public entity partnering to retain jobs during the economic downturn, the New York Power Authority (NYPA) and Alcoa (NYSE:AA), the N.Y.-based aluminum company, today announced they have reached an agreement that will save hundreds of jobs at Alcoas smelters in Massena, New York in the near-term and preserve hundreds more under its planned long-term modernization project at the plant.