ASHLAND, Ky. (AP) — More than 130 students have begun a two-year degree program in eastern Kentucky hoping it will lead to a job at a planned aluminum mill.
The students at Ashland Community and Technical College are enrolled in a program designed in part by Braidy Industries and its CEO Craig Brouchard. Kentucky taxpayers are partial owners of the project, an effort to bring steady work to the sluggish Appalachian economy. The GOP-controlled state legislature agreed to purchase a $15 million interest in the mill last year.
Company officials say they still must raise between $400 million and $500 million to begin construction, which they hope to do with a stock sale. Brouchard said the mill is still on schedule to open in 2020.