Norsk Hydro ASA to Shut Down Aluminum Remelt Operations in Aardal, Norway and Cut Jobs-Reuters

Wednesday, 15 Aug 2012 06:13am EDT 

Reuters reported that Norsk Hydro ASA is to shut down its aluminum remelt operations in Aardal in western Norway. The operations are considered unprofitable and about 60 jobs would be phased out over time. None of the permanent employees will be terminated as a result of the decision, and the positions will be phased out over time, including through natural attrition. 

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