Ormet Corporation has been in the alumina and aluminum production business since 1956, when it was first organized by Olin Corporation and Revere Copper and Brass, Inc. Headquartered along the Ohio River in the small town of Hannibal, Ohio, Ormet is a major U.S. producer of aluminum and smelter-grade alumina. Its smelter in Hannibal has an annual capacity of 260,000 tonnes per year and its Burnside, La., alumina plant can produce more than 600,000 tons of metallurgical grade alumina annually.

Ormet’s long history has taken it through the purchase and sale of several divisions linked to the aluminum industry, several private owners and the fluctuations of a volatile market marred by metals prices and escalating energy and healthcare costs.

Today, under the control of new leadership and an active board of directors, Ormet’s employees now number around 1,100, with more than 900 employees represented by United Steelworkers Local 5724 and 200 salaried employees. The company focuses on safety, quality, cost and timeliness in an effort to provide customers with its very best product.


1956
- Ormet Corporation organized by Olin Corporation and Revere Copper and Brass, Inc.
1957
- Construction begins on Hannibal Reduction Plant and Burnside Alumina Plant
1958
- Ormet’s Hannibal Reduction Plant begins making aluminum. Ormet opens the Burnside Bulk Marine Terminal Division
1974
- Consolidated Aluminum Corporation acquires Olin’s interest in Ormet and assumes 66 percent ownership, with Revere owning 34 percent
1986
- New owner purchases what is now Ormet Primary Aluminum Corporation
1995
- Ormet breaks ground on the Velvetflow Cast House, a facility that produces thixotropic billet
1996
- Ormet purchases 13 miles of railroad track between Powhatan, Ohio and its Hannibal Rolling Mill
2001
- The last anode is produced at the carbon plant in Hannibal, which was closed due to MACT compliances regulations. Anodes are purchased from overseas suppliers
2004
- Ormet files for Chapter 11 bankruptcy. Union members at the reduction plant go on strike
2005
- Ormet exits bankruptcy. Former creditors, led by Matlin Patterson Asset Management, become shareholders of the company under the reorganization
2006
- Ken Campbell, a turnaround specialist is named interim CEO. USWA ratifies contract. Ormet obtains new power agreement with AEP Ohio and restarts its smelter. Burnside Alumina Refinery production is idled
2007
- New executive management is put in place with Mike Tanchuk as CEO and James Burns Riley as CFO