We celebrated that, said Andy Meserve, president of United Steelworkers Local 9423. Keep it Clean. The Democratic Party also mentioned a 2019 Politico report about how two people who used to work on McConnell's staff lobbied the federal government on Braidy's behalf. The Russians have cut off the cash. "Its time for Moscow Mitch to tell the truth to the people of Kentucky. PLEASE TURN OFF YOUR CAPS LOCK. This is the name that will be displayed next to your photo for comments, blog posts, and more. Rusal, the aluminum company partially owned by Russian oligarch Oleg Deripaska, announced plans to invest around $200 million to build a new aluminum plant "The Committee found that Manafort's presence on the Campaign and proximity to Trump created opportunities for Russian intelligence services to exert influence over, and acquire confidential information on, the Trump Campaign," the report says. Incidentally, Kentucky is the 27th state and the last Southern state to enact right-to-work legislation. Craig.. We want to talk to them, the governor said. The Attorney Generals office is aware of the leadership transition within Braidy Industries and is actively engaged in learning more about the change to ensure that Kentuckys investment in the company is protected and that the anticipated economic benefit to Eastern Kentucky comes to pass, said Elizabeth Goss Kuhn, Camerons communications director, in an email. Kentucky Gov. Beshear calls for deep dive into aluminum - WSAZ And McConnell told reportersin May 2019 that his decision to support lifting the sanctions was unrelated to "anything that might happen in my home state. WebRobert Reid Power Plant is a coal-fired power plant owned and operated by the Big Rivers Electric Cooperation as part of Sebree Station.It is located in the northeast corner Webster County, Kentucky (just south of the Anaconda Aluminum plant in Henderson County).The plant obtains much of its fuel from coal mines located within just a few miles of the plant The news is only the latest twist for the troubled project, which has been plagued by fundraising questions and the ouster of the CEO formerly overseeing the venture. "We celebrated that," said Andy Meserve, president of United Steelworkers Local 9423. Copyright 2021 WSAZ. I will continue, if we think that there is any opportunity there to, to support it.. Andy Beshear has repeatedly vowed to get the money back if the mill project doesn't materialize. Within weeks, the U.S. government had formally lifted sanctions on Rusal, citing a deal with the company that reduced the ownership interest of its Kremlin-linked founder, Oleg Deripaska. In the days since President Joe Biden formally launched his 2024 campaign, key members of the sprawling political coalition that lifted him over former President Donald Trump in 2020 are far from excited about the prospect of four more years. VA hospital let neighbor illegally decide veteran's fate, report says, Braidy Industries would bring hope and opportunity back to Appalachia and Kentucky, Braidy Industries gave former$6 million to sever ties with company, Kentucky planning to implement a $400 unemployment supplement, Your California Privacy Rights / Privacy Policy. Prior to the closure of the aluminum plant, the local job market was relatively strong. With the inevitability of the denouement of a Greek tragedy, or of the sudden abiding compassion of Fox Noise anchors for children on the left bank of the Rio Grande, Russian once-and-future-blacklisted aluminum giant Rusal has pulled the plug on its northeast Kentuckyquid pro quoinvestment. John grew up in the area and was able to provide us with valuable insight into the dynamics of the plant and its eventual closure. (This content is not subject to review by Daily Kos staff prior to publication. Asked if Bouchards move was driven by shareholders in the company, Stivers said he did not know. LOUISVILLE, Ky. Gov. Fridays drama created confusion among Kentucky political leaders. Gov. While the initial proposed site is too small for the project, the area has additional sites that would work, a local official said Thursday. 2023 FOX News Network, LLC. Hundreds of people lost their jobs, leading to an increase in unemployment in the area. Matt Bevins administration with Braidy Industries to bring jobs to the state. or redistributed. Russia's Rusal invests $200 million in Kentucky plant after US lifts They estimate it would take 30 to 36 months to construct the facility and the earliest production could begin would be 2025, five full years after the mill was set to be complete. Jason has a Bachelors Degree in Political Science. Braidy Industries still needs to raise $500 million to build a long-promised $1.7 billion aluminum plant in Appalachia, a top company executive told Kentucky lawmakers Tuesday, July 19, 2022. The newly purchased Reynolds plant in Kentucky, however, was all on one floor, at ground level. Be Truthful. Also on Monday, the public affairs company Mercury, which was hired by British Lord Gregory Barker to lobby for the oligarch's companies to be removed from the U.S. sanctions list, filed a letter under the Foreign Agents Registration Act describing how "the Barker plan permanently removed Oleg Deripaska from control" of his companies EN+ and Rusal. | Understanding the Risks and Benefits of Switching to an Aluminum-Free Deodorant, Exploring the Benefits of 80/20 Aluminum for Construction Projects. A large aluminum plant in Kentucky is temporarily halting production and laying off more than 600 workers due to rising energy costs. "Kos" and "Daily Kos" are registered trademarks of Kos Media, LLC. Announces New Aluminum End Manufacturing Facility See latest map, NFL Draft: Reaction to Tennessee Titans taking Kentucky quarterback Will Levis, After being drafted by Commanders, Chris Rodriguez knows his mom would be proud. Just weeks after the Treasury Department announced the official de-listing of Rusal, the company announced a $200 million investment in the Braidy Industries An email message containing instructions on how to reset your password has been sent to the e-mail address listed on your account. Winds W at 10 to 20 mph. The plant along the Ohio River had recently increased production and in April announced an addition of 60 jobs. Kentucky Gov. The closure of the aluminum plant also had environmental implications. A Russiancompany that has invested in Braidy Industries' planned aluminum rolling mill in Eastern Kentucky was identified as a proxy of the Kremlin in a new report the Senate Intelligence Committee released this week. Andy Beshear made a pitch Thursday to a steel company that took over plans to build an aluminum plant once promised to Kentucky, High near 50F. aluminum plant Use the 'Report' link on The Committees findings, along with other information recently released by the Intelligence Community, confirm what we already knew: Russia, China, Iran, and other foreign actors want to influence our politics, interfere with our elections, and stoke fear and division among Americans," McConnell said. Civil & Environmental Consultants wins aluminum-plant contract Threats of harming another Tags: Associated Press, business, Kentucky, education. The announcement this week was the latest chapter in what has been a long, tortuous effort to build a new aluminum plant in a region struggling to create jobs, but officials in Kentucky arent ready to give up yet. each comment to let us know of abusive posts. ", Steurer said in an email Wednesday that previous comments McConnell has made about Rusal still stand. Powered and implemented by FactSet Digital Solutions. Four years later, however, there is still nothing to show for it. They are still excited about the project and expect it to be built, expect it to be completed. Click #isupportlocal for more information on supporting our local journalists. The plant along the Ohio River had recently increased production and in April announced an addition of 60 jobs. BOWLING GREEN, Ky,, Jan. 07, 2021 (GLOBE NEWSWIRE) -- Ball Corporation has chosen Bowling Green, Kentucky, as the location of the companys new aluminum end manufacturing facility. They suggested that the local government should do more to incentivize businesses to stay in the area and invest in the community. The Kentucky Democratic Party on Wednesday questioned McConnell's decision to support lifting the sanctions on Rusal, in light of the Senate Intelligence Committee report's identification of Rusal as a proxy for the Kremlin. All rights reserved. or anything. Jason is the managing editor. Russian tycoon Oleg Deripaska speaks to the media outside his carmaker GAZ plant in Nizhny Novgorod on April 16, 2019. The plant, in Columbus, Mississippi, is being built by Steel Dynamics Inc. and it will be a greenfield plant that will produce 650,000 tons of products a year from recycled The closure of the aluminum plant had a significant economic impact on the local community. In addition to Hayes, Cameron addressed his letter to the cabinets Partnership Board, a board made up of 13 public-private sector mebers to provide strategic governance to the cabinet, and Commonwealth Seed Capital, a group that uses state money to invest in the early stages of businesses in Kentucky. The Russians Have Cut Off Mitch McConnell's Cash In Stivers, R-Manchester, said he was briefed Thursday about Bouchards move and was told that he was asked and amicably stepped down. Stivers did not say who briefed him. Earlier this month, The New York Times reported the Treasury Department had allowed around $78 million worth of company shares to be transferred to a trust fund belonging to Deripaska's children, despite a previous statement from Treasury Secretary Steve Mnuchin claiming that the oligarch's children would "in no way benefit" from sanctions relief. We are still working on it, Gibbs said. Save my name, email, and website in this browser for the next time I comment. What is Aluminum Used For? This governors office is committed to seeing it through and you know its a project that is going to mean generational change in that area., The only statement from Beshears office came through his spokesman, Sebastian Kitchen. So far the company has sunk at least $65 million in the proposed mill, to be built by Unity Aluminum, previously known as Braidy Industries. The Courier Journal sent Braidy Industries a request for comment concerning the Senate committee's report. what happened to the aluminum plant in kentucky So what changed? The local government could invest in clean-up efforts, such as installing air filtration systems and monitoring water quality. Mutual Fund and ETF data provided by Refinitiv Lipper. The platform is designed to engage citizens and government leaders in a discussion about what needs improvement across the country. No racism, sexism or any sort of -ism The agreement requires the companies to report any contact between Deripaska and company affiliates, including members of the board. Site content may be used for any purpose without explicit permission unless otherwise specified. The mill has In fact, the pollutants are still being released into the environment, posing a risk to the health of the local population. First Republic in Limbo as US Regulators Juggle Bank's Fate, 'Waste of Time': Community College Transfers Derail Students, Rising Mississippi River Continuing to Test Flood Defenses. Matt Bevin, but current Gov. The plant, in Columbus, Mississippi, is being built by Steel Dynamics Inc. and it will be a greenfield plant that will produce 650,000 tons of products a year from recycled aluminum. More:Braidy Industries would bring hope and opportunity back to Appalachia and Kentucky. Reynolds Metals Company In a statement, the company says the plant idling is Braidy CEO disputes he stepped down from aluminum racist or sexually-oriented language. Mutual Fund and ETF data provided by Refinitiv Lipper. A large aluminum plant in Kentucky is temporarily halting production and laying off more than 600 workers due to rising energy costs. The company said it will own more than 94% of the facility through a joint venture arrangement with Unity Aluminum, formerly known as Braidy Industries.