On April 5, Alcoa received the Phoenix Award Grand Prize for excellence in brownfield redevelopment for reclaiming a former aluminum smelter in Oregon and returning it to productive use. (Read the press release.)
This was an amazing project. We partnered with the Port of Portland and FedEx and took a 700-acre industrial property and created an industrial park that now has 350 jobs and potential for more.
It's what we want for Badin too.
In February, we started the redevelopment of the Badin site, and will invest more than $10 million this year preparing the facility - including demolition, enhancing the appearance and improving the facilities - for new tenants to bring new jobs to the community.
The Troutdale project shows that with effort and dedication you can take a former plant site and give it new life. You can create new jobs and improve the quality of life of residents in the area - when everyone pulls together to make it happen. That was the key to our success in Troutdale, and we are working hard to replicate it here in North Carolina.
Thursday, April 7, 2011
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