Wednesday, October 21, 2009

Kentucky Aluminum Network Emphasizes the Impact of the Aluminum Industry in Kentucky

Aluminum industry representatives as well as economic development officials in Northwest Kentucky and Greater Owensboro have formed the Kentucky Aluminum Network (KAN) in an effort to help the aluminum industry remain competitive in the region and throughout Kentucky.

In the seven counties of northwest Kentucky around the cities of Henderson and Owensboro, the aluminum industry employs over 5,000 people at over 30 establishments with an annual payroll of nearly $300 million. With an employment multiplier of about 2.5, the industry accounts for 16,000 direct and indirect jobs in northwest Kentucky alone.

According to the Kentucky Cabinet for Economic Development, across Kentucky aluminium employs nearly 15,000 people in 120 facilities located in 53 Kentucky cities and towns. The average wage of primary metal jobs is $52,336 compared to $33,800 in private sector jobs. Primary shipments totaled over $4.3 billion in 2005 making Kentucky number one in the industry. Kentucky is home to two of the 14 smelters operating in the United States. Century and Rio Tinto Alcan's combined production represents 16 percent of the total production capacity in the U.S.

KAN includes members many of the large and small establishments linked to the aluminum. The group is currently formulating a list of priorities to share with local, state, and national elected officials that impact the future competitiveness of the aluminum industry in Kentucky.

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