Noranda in New Madrid to resume $38M expansion

By Heartland News

NEW MADRID, MO (KFVS) - Noranda Aluminum in New Madrid will expand its aluminum smelter with a $38 million investment to increase production capacity.

Gov. Jay Nixon announced the expansion along with a $1 million Energy Efficiency Pilot Grant to construct a system for producing aluminum more efficiently with less energy use.

This announcement marks the return to the expansion which was originally announced in 2008.  The expansion was put on hold due to economic conditions and the January 2009 ice storm.

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