Horsehead Corporation Announces Plans to Increase Zinc Production
Zinc producer Horsehead Corporation, a wholly owned subsidiary of Horsehead Holding Corp., today announced that it will boost operations at its zinc smelter in Monaca, PA, by re-starting a fifth zinc smelting furnace. Horsehead previously reduced its operations from six furnaces to four in response to the recent economic downturn.
“A recent uptick in orders at a time when our own inventories are low necessitates restarting another furnace at this time. We see this as a positive step resulting in enhanced operating efficiency. It is unclear whether we will be able to maintain this production level for the balance of the year, but we are hopeful that the economy will continue to strengthen in the second half of the year,” said Jim Hensler, Horsehead’s President & CEO. The Company expects to recall approximately 15 hourly employees.
Horsehead Holding Corp. is a leading U.S. producer of specialty zinc and zinc-based products. Headquartered in Pittsburgh, PA, Horsehead employs approximately 800 people and has seven facilities throughout the U.S. Visit www.horsehead.net for more information.
