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Novelis invests $130 million to upgrade Oswego aluminum plant · Endata

◂ Announcements

Oct 18, 2021INVESTMENTOswego, New York, United States

Novelis invests $130 million to upgrade Oswego aluminum plant

Novelis announced plans to invest approximately $130 million to upgrade its operations in Oswego, NY, increasing hot mill capacity by 124,000 metric tons and enhancing finishing capabilities for automotive sheet. The project will begin in spring 2022 and is expected to be completed in 2024.

Value

$130.0M

Starts operating

2024

Status

Announced

Capacity

124,000 metric tons per year

Productsaluminum flat rolled productsautomotive sheet

CompaniesNovelis

Sectors#Steel and Metal Products

“By investing in modern, energy-efficient upgrades in Oswego, we aim to sustain and grow important partnerships with our valued customers”investors.novelis.com

2 sources
investors.novelis.comNovelis Announces nearly $130 Million Investment to Enhance Oswego Operations and Meet Growing Demand for Aluminum :: Novelis Inc.Oct 18, 2021
oswegocountynewsnow.comNovelis to invest nearly $130M in Oswego facility | News | oswegocountynewsnow.comGreg Caster photoOct 21, 2021

Summarized from public sources; check the original articles before acting on it.

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