KASU

Noranda

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JEFFERSON CITY, Mo. (AP) — The Missouri House on Wednesday advanced a bill that would allow manufacturing companies to negotiate lower electricity rates than currently allowed, a measure supporters say could bring hundreds of jobs to the southeastern corner of the state but critics argue would raise rates for utilities customers.

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By KATIE KULL and DAVID A. LIEB, Associated Press

JEFFERSON CITY, Mo. (AP) — Missouri Gov. Eric Greitens announced Thursday that he's calling lawmakers back to work about a week after the end of their regular session to discuss legislation that could make it easier to open a new steel plant and reopen an old aluminum smelter in rural southeast Missouri.

Missouri to Aid Laid Off Noranda Aluminum Employees

Mar 9, 2016
Wikipedia.org

Workers laid off from Noranda Aluminum in New Madrid, MO will get support from Governor Jay Nixion. 

KFVS-TV reports Governor Nixon announced Tuesday the Missouri Department of Economic Development will allocate $1.7 million in resources to support those affected by the plant’s layoffs. 

A portion of the funds will go towards helping workers with costs associated with housing, utilities, transportation, and emergencies for up to 3 months. 

Noranda Goes Bankrupt; Closes 3rd Pot Line

Feb 8, 2016
Wikipedia.org

Noranda Aluminum announces today they are filling for chapter 11 bankruptcy and will shut down their third remaining pot line in New Madrid, Mo. 

KAIT-TV reports company officials said they will continue work on the 3rd primary pot line until March 2016, then operations will be reduced.  Noranda said work could restart if business conditions improve.