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Ormet Reducing Output to a Third

Kasich’s office calls situation ‘unfortunate’

August 2, 2013

HANNIBAL — Ormet Corp. soon will only operate two of its six aluminum potlines because the company must quickly reduce costs, President and Chief Executive Officer Mike Tanchuk said....

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Aug-06-13 11:20 AM

Couldn't Mexicans do these jobs at Ormet for a lot less money. As a matter of fact the company would turn a much greater profit if they just moved the plant to Mexico.

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Aug-03-13 2:21 PM

dying: I don't think they will make it now: in light of the power bills. The dedicated gas power station is a good idea. But is there time now? Tanchuck has done the best possible job with what he has to work with: an old facility. I do agree with the public contributing to Ormet's power tab.

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Aug-03-13 2:11 PM

If Ormet really wants to cut costs, get rid of the union. That way, they could get a full day's work out of their people. God forbid if they have to shower off the clock.

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Aug-03-13 12:06 PM

atoddh, Not long ago you were posting how the new Ormet management was sent from heaven to fix the business. LOL

I hope you have not received any of those grant dollars you were looking for.....

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Aug-02-13 9:09 PM

The concept of shifting Ormet electric costs to the public will not work. The public has no equity in Ormet.

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