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Page 4 - Chris Otts News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Extension, tension: CSC grants more time for mill originally slated for 2020 rollout

Unity Aluminum Unity Aluminum CEO Don Foster talks about the future of the company in the headquarters conference room in July. AARON SNYDER | THE DAILY INDEPENDENT ASHLAND Given a granted extension request for the state to keep its investment in Unity Aluminum — formerly Braidy Industries — is the proposed mill at EastPark a boom or a bust? In a recent letter to Commonwealth Seed Capital LLC — the state’s startup investment fund — acquired and first reported by WDRB’s Chris Otts in Louisville, Unity CEO Don Foster stated the company has met all its goals by the end of 2020 of having 51% of its employees working in Kentucky, 51% of its assets in Kentucky and maintaining its headquarters in Ashland — all the goals, with the exception of $1 billion in investments for building the mill.

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