Alcoa Electrical and Electronic Solutions announce closings
The restructuring will result in the permanent reduction of about 65 associates in Del Rio and approximately 1,400 in Puebla. The charges related to the restructurings were previously reported by Alcoa.
"This difficult decision is the result of the competitive conditions in the marketplace, and the actions are necessary to adjust AEES capacity to market demand and to improve our logistics processes," says Jon A. Jensen, Alcoa EES president for Light Vehicle Market and Operations Americas.
Alcoa EES employs approximately 14,000 associates in Mexico and 1,350 in the U.S. The business produces and distributes electrical distribution systems and other products for the North American light and heavy vehicle markets.
Alcoa EES recognizes the impact that this workforce reduction will have on the lives of its employees, their families, and the community. Full severance, in addition to a combination of outplacement and transition support services, will be made available to all affected employees.
Related News
Demand for electricity in Yukon hits record high
WHITEHORSE - A new record for electricity demand has been set in Yukon. The territory recorded a peak of 104.42 megawatts, according to a news release from Yukon Energy.
The new record is about a half a megawatt higher than the previous record of 103.84 megawatts recorded on Jan. 14, 2020.
While in general, over 90 per cent of the electricity generated in Yukon comes from renewable resources each year, during periods of high electricity use each winter, Yukon Energy has to use its hydro, liquefied natural gas and diesel resources to generate the electricity, the release says.
But when it comes to…
