SAGUENAY, Quebec (AP) - Aluminum producer Alcan Inc. said Thursday it is investing $1.8 billion over 10 years in Quebec's Saguenay-Lac-St-Jean region to expand its smelter operations.
The Canadian company said that 740 skilled jobs would be created over the period, and between 1,200 and 1,500 related to construction of the new metal capacity.
The cornerstone of the investment is a $550-million pilot plant at the company's Complexe Jonquiere site to develop Alcan's AP50 smelting technology, which the company claims increases productivity and cuts industrial emissions.
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