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COLUMBIA ALUMINUM CORP. ANNOUNCES CLOSURE

 VANCOUVER, Wash., Jan. 11 /PRNewswire/ -- Columbia Aluminum Corp. announced today that it had shut down 15,000 tons of its production capacity at the Goldendale smelter over the weekend and plans to shut down another 30,000 tons by Friday.
 "This partial closure was a direct result of receiving a Jan. 8 notification from Bonneville Power Administration (BPA) that it would not be able to supply more than 75 percent of our power needs as of Jan. 16," Ken Peterson Jr., Columbia's president, stated. "Unlike our last restriction by BPA, sufficient replacement energy is not available. Moreover, BPA has demanded that by the end of February we return the 'provisional' power we have been using. In order to preserve the equipment in the best condition, and begin returning power to BPA, we elected to commence an orderly closure of pots at midnight last Friday. This is the first time in the company's history that we have shut down any production. Realizing that a closure will mean a reduction in employment levels, this was a very difficult decision, especially since we are an employee-owned company."
 Columbia's smelter, located at the John Day Dam on the north side of the Columbia River 100 miles east of Portland, Ore., has been operating at full capacity. The smelter employs 624 people and is the largest employer and private taxpayer in Klickitat County.
 Neither Columbia's customers nor its other operating subsidiaries, mainly recycling and extrusion facilities, will be directly affected by this closure.
 -0- 1/11/93
 /CONTACT: Paul Spies, director of Corporate Planning, of Columbia Aluminum, 206-896-8425/


CO: Columbia Aluminum Corp. ST: Washington, Oregon IN: MNG SU:

SW-LM -- SE006 -- 3589 01/11/93 13:50 EST
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Publication:PR Newswire
Date:Jan 11, 1993
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