One of the region’s biggest employers is splitting into two companies.
Alcoa -- which employs about 2,000 people at its Warrick Operations – plans to divide itself into two independent, publicly-traded companies.
A news release from Alcoa says the move will create “upstream” and “value-add” companies.
The upstream company will include five business units: Aluminum, Alumina, Bauxite, Casting, and Energy.
The value-add company will consist of Alcoa’s Global Rolled Products, Engineered Products, and Transportation and Construction units.