ELLENVILLE, N.Y., March 2 -- Norsk Hydro ASA will close an aluminum plant in Ellenville, N.Y., eliminating 265 jobs, or 6.5 percent of the village's population, the company said Friday.
The Norwegian energy and aluminum company said it would shut down the extrusion plant in June after failing to find an adequate buyer for it.
It blamed the closure of the Ellenville facility, which has traditionally made drawn aluminum tubing, on cheaper Asian products.
Hydro, the world's third-largest integrated aluminum company, will offer jobs at other Hydro facilities to the employees and "transition assistance" to employees who do not relocate, the Oslo company said.
It will also seek to shift customers to other Hydro plants, it said.
An aluminum casthouse in Ellenville that Hydro called "one of the advanced facilities of its type in North America" will continue operating, Hydro said. It employs about 50 people.
The Ellenville plant began as the first Channel Master TV-antenna factory in the 1950s. Channel Master is now part of Andrew Corp., which makes communications systems and products.
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