Kaiser Aluminum temporarily shuts Virginia plant

* Temporary shutdown of Bellwood, Va. plant * About 56 employees will be affected * Sees Q2 restructuring charge, costs about $5 mln NEW YORK, May 7 (Reuters) - Kaiser Aluminum Corp said on Thursday it will temporarily close its Bellwood, Virginia, plant during July because of planned shutdowns in the automotive industry and weak economic and market conditions. It will also reduce Bellwood's operations to focus solely on drive shaft and seamless tube products. The plant currently produces extruded seamless tube and rod and bar products sold principally to automotive customers and service centers for general engineering applications. About 56 employees will be affected and the company said it expects to incur a restructuring charge and other related costs of around $5 million in the second quarter, related primarily to employee benefits and asset impairment charges. The aluminum products maker, based in Foothill Ranch, California, said it has sufficient capacity throughout its operations to meet customer needs and market demand.