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 due for completion in 2015.
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 computerbased 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.
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