The expansion will boost the company’s aluminum sheet production capacity by 240,000 tons per year.
The aluminum company Novelis, headquartered in Atlanta, has commissioned the $200 million expansion of its aluminum rolling operations in Oswego, N.Y. The expansion will increase the company’s aluminum sheet capacity in North America by 240,000 tons, significantly boosting the company’s existing aluminum capacity in the area.
In a press release, Phil Martens, Novelis’ president and CEO, says, "This automotive expansion in North America is an important piece of our global strategy in a market that is experiencing explosive growth. We are aggressively increasing our capacity to produce automotive sheet worldwide, and we are well-positioned to extend our leadership in this strategic market segment."
Novelis began construction on two aluminum processing lines for automotive applications at its Oswego facility in 2011 in response to increased demand for automotive aluminum sheet in the United States.
"Today's commissioning marks an important milestone in Novelis' ongoing commitment to serving the automotive industry," says Marco Palmieri, senior vice president and president, Novelis North America. "Intensive use of aluminum in vehicles is growing more than 25 percent a year. Not only does this expansion allow us to respond to the rapidly increasing demand for aluminum automotive sheet, it also plays a key role in our ongoing recycling efforts to further improve the sustainability of aluminum in vehicles."
The Novelis Oswego facility is an integrated recycling, hot rolling and cold rolling complex producing aluminum sheet for the beverage can, automotive and building and construction industries.