Comments

You have commented 339 times on Rantburg.

Your Name

Your e-mail (optional)

Website (optional)

	My Original Nic Pic-a-Nic Sorry. Comments have been closed on this article.
Foto

Submit your comments on this article

Economy

Aluminum Mill to Bring 550 Jobs Back to Kentucky Town Crippled by Free Trade

2018-08-29

[Breitbart] The people of Ashland, Kentucky will see 550 high-paying jobs come back to their small community thanks to a new aluminum mill that is set to open in 2020.

Braidy Industries is opening a new aluminum mill in the northeast Kentucky region after President Trump implemented a ten percent tariff on imported aluminum to protect American industry and jobs.

The aluminum mill, known as Braidy Atlas, will employ about 550 workers and is set for its first production in a just a couple years, where it will be the world’s lowest cost aluminum plant, according to Kentucky Today. Already, Braidy Atlas executives say their first seven years of aluminum production are sold out.

Likewise, the Ashland aluminum mill will be the world’s most technologically advanced plant in the world and will have a production line that stretches 104 inches long. This will make it the widest aluminum mill in all of North America.

The new aluminum mill is a fresh start and much needed for the small community of Ashland. In 2016, during President Obama’s administration, AK Steel laid off 633 American steelworkers who were forced to claim unemployment.

Posted by:Besoeker

#5 550 jobs subsidized by taxes on the rest of us. Like all government jobs programs, an exercise in economic malpractice.

Posted by: Iblis 2018-08-29 17:57

#4 Been to Ashland many times. It wasn't free trade that crippled Ashland, KY. It was more like crony globalism and pay for play.

Posted by: JohnQC 2018-08-29 12:03

#3 Trump's policy probably is important here but also,

-Russia, which is a huge producer of aluminum has had to reduce subsidies to their state owned company

- Australia, which is also a huge producer has had some increasing energy costs which really hurt aluminum production (the energy cost increase is partly because of 'green energy' subsidies.

Posted by: lord garth 2018-08-29 09:41

#2 Even Ricardo said free trade can only work equally where the public are also treated like goods and can follow production abroad, which he added was an unlikely assumption.

Much better to set a general across the board tariff based on cost of living differences (of course lowering the cost of living is also good as well, not just for being able to lower the tariffs and as the foreign economy improves and thus rents rise the tariffs can drop, as jobs will not be exported purely for lower rent reasons).

Posted by: Bright Pebbles 2018-08-29 07:07

#1 Let's export unemployment.

Posted by: Procopius2k 2018-08-29 06:26

00:00