Norsk Hydro to shut two US plants, cutting 350 jobs
Norsk Hydro to shut two US plants, cutting 350 jobs OSLO, June 17 (Reuters) - Norwegian aluminium company Norsk Hydro NHY.OL will close two of its metal extrusion plants in the U.S. next year, affecting around 350 jobs, the group said in a statement on Wednesday.
The two facilities, located at California's City of Industry and in Delhi, Louisiana, face low capacity utilisation and would require significant capital investment to meet operational standards, Hydro said.
(Reporting by Terje Solsvik. Editing by Mark Potter)
((terje.solsvik@thomsonreuters.com; +47 918 666 70;))
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