Novelis expands automotive aluminum capabilities with approximately $300M investment in Kentucky
23 January 2018
Novelis Inc., world leader in aluminum rolling and recycling, plans to build an approximately $300-million automotive aluminum sheet manufacturing facility in Guthrie, Kentucky. The greenfield facility, with an annual nameplate capacity of 200,000 metric tons, will include heat treatment and pre-treatment lines, which prepare aluminum for use in vehicle parts such as body-in-white, hoods, doors, lift gates and fenders.
The company expects to break ground in early spring and create approximately 125 jobs at the new facility, which is slated to open in 2020.
This investment is the latest addition to Novelis’ extensive network of automotive finishing lines. Demand for automotive aluminum is expected to rise according to the 2017 Ducker Worldwide survey projection that aluminum content in North American passenger vehicles, particularly light trucks and SUVs, will increase 42% from its 2015 level by the year 2028.
The new facility will be in close proximity to Logan Aluminum Inc., a Novelis joint venture in Russellville, Ky., and several nearby automotive manufacturing plants.
More than 200 different vehicle models on the road today feature Novelis aluminum, including vehicles from FCA, Ford, GM, Jaguar Land Rover and Toyota.
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