The fate of Ormet could soon be clear, as a decision concerning a power rate reduction is set to happen next week. Our news partner, WTOV9.COM reports the Public Utilities Commission has scheduled a hearing for Oct. 2 at 1:30 p.m.
Ormet is asking the commission to grant Ormet a rate reduction from American Electric Power so it can continue operations in
Officials say without the rate reduction, a closure would be imminent. The closure could mean hundreds of job losses.