Novelis Announces $205 Million Investment to Further Expand Global Automotive Aluminum Capacity to 900,000 Tons Annually
Novelis, the world leader in aluminum rolling and recycling, today (Dec. 17) announced it will invest an additional $205 million to further expand its global manufacturing operations serving the rapidly growing automotive market. The company will build new finishing lines at its plants in Oswego and Nachterstedt, Germany, dedicated to the production of aluminum automotive sheet.