Novelis Inc. announced an investment of $175 million at its Pindamonhangaba plant in Brazil. The project, which should create more than 50 new jobs, includes an increase in sheet-ingot, hot-mill and recycling production. The expansion of the company's flagship facility in South America will benefit the organization's beverage-can and specialty customers by bolstering capacity with 100,000 metric tons of additional rolling production and 60,000 metric tons of increased recycling.
These expansions will bring total capacity of the Pindamonhangaba facility to approximately 680,000 metric tons per year of aluminum sheet and 450,000 metric tons annually of recycled metal. Construction will officially begin in February 2019 and is expected to be complete in 2021.