Alcoa Completes Automotive Expansion in Tennessee
Alcoa completed an expansion at its Tennessee facility dedicated to supplying aluminum sheet to the automotive industry. The plant will provide aluminum sheet to automakers that include Ford and General Motors. The $300 million project in Tennessee created approximately 200 full-time jobs. The state-of-the-art facility is equipped with rolling-mill technology that allows it to switch production depending on changing market demands, moving between automotive and can sheet production. The location also features a large recycling facility for automotive scrap, which offsets expense, eliminates waste for automakers, lowers operational cost and reduces Alcoa’s carbon footprint.
This is Alcoa’s second major automotive expansion in North America. The first, in Davenport, Iowa, reported record volume of automotive sheet shipments in the second quarter of 2015, up approximately 200% from the second quarter 2014.