Northern Ontario Business, June 1st, 2002
BRACEBRIDGE - After 32 years, Alcan Aluminum is closing its cable-making plant in Bracebridge. The 160 employees of the plant were told in early May that the factory will shutdown July 9.
About 70 per cent of the plant's production is in copper wire. Alcan blames a continued slump in the demand for copper for the closure.
"The remaining production at the Bracebridge factory will be consolidated with other Alcan plants in Canada and the U.S.," says company spokesperson Mark Osborne.
"Some employees - two to four - will be offered jobs elsewhere in Ontario or at Alcan operations in other pa...
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