Alcoa Canada said Tuesday it will invest $100 million to upgrade its four Quebec plants this year and keep them in shape to handle growing demand for aluminum.
The amount excludes the $1.2-billion multi-year modernization of its main Baie Comeau smelter.
The $100-million investment will cover operational maintenance, $52 million; health and safety, $25 million; cost reduction, $14 million; and environmental and energy efficiency, $6 million.
The Deschambault smelter near Quebec City will get a new $12-million transformer while the Baie Comeau, Deschambault and Bécancour smelters will get computer-based cell control systems offering greater reliability.
Parent Alcoa Inc., the biggest U.S. aluminum group, expects global demand for primary aluminum to grow by 12 per cent this year, with rising demand from the aerospace, auto, residential and commercial construction and beverage can sectors.
Alcoa Canada employs more than 3,000 in Quebec. The $1.2-billion modernization of the Baie Comeau smelter is due for completion in 2015.
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