Alcoa's $275 million expansion to bring 100s of jobs

ALCOA, Tenn. (WVLT) -- Alcoa expects to add 200 permanent jobs to its rolling mill plant in the city named for the aluminum giant over the next three years, the company announced on Thursday. The $275 million expansion project will also provide 400 construction jobs as well.

"This is just another in a line of great business successes this county has experienced in the last 18 months,” Blount County Mayor Ed Mitchell said. “The major addition in jobs and capital investment really shows Alcoa's confidence in the workforce of this area."

Company officials said the expansion was needed to meet the growing demand for light, durable, recyclable aluminum sheet for automotive production. They were joined by Gov. Bill Haslam and Development Commissioner Bill Hagerty for the project announcement Thursday morning.

“I want to thank Alcoa for its new investment in East Tennessee and for 100 years of incredible service in Blount County,” Haslam said.

“Our Jobs4TN strategy identifies key industry clusters where Tennessee holds a unique competitive advantage, and we are grateful Alcoa is expanding its presence and joining in our state’s continued growth in the automotive sector"

For the project, Alcoa plans to convert some of the plant's can sheet capacity to high automotive capacity, and installing incremental automotive capacity. It is expected to start this month and be completed in 2015.

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