Novelis Invests in New York Plant
Novelis announced the completion of a $48 million investment in its automotive scrap-aluminum recycling facility in Oswego, N.Y. The project, which will help the company meet the increased demand for aluminum automotive sheet in North America, includes a new 81,000-square-foot building capable of processing, sorting and storing automotive scrap aluminum. Designed specifically to meet the needs of North American automakers, the new recycling center will enable Novelis to process as much as 10,000 metric tons (20 million pounds) of recycled scrap per month.
Including this recycling center, Novelis has invested more than $400 million in Oswego over the past five years and hired more than 430 new employees, with around 250 additional jobs planned by 2020. This investment signifies an important step toward advancing aluminum’s role as a material of choice among the world's automakers. To support the growing demand for automotive aluminum, Novelis will allocate approximately 80% of the Oswego facility’s capacity to the automotive market.