# 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.

- Type: Investment
- Announced: 2021-10-18
- Where: Oswego, New York, United States
- Value: $130.0M
- Starts operating: 2024
- Status: announced
- Capacity: 124,000 metric tons per year
- Products: aluminum flat rolled products, automotive sheet
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Novelis](https://endata.com/companies/2475.md)

## Sources

- [investors.novelis.com](https://investors.novelis.com/news-events/press-releases/detail/71/novelis-announces-nearly-130-million-investment-to-enhance-oswego-operations-and-meet-growing-demand-for-aluminum), 2021-10-18: "By investing in modern, energy-efficient upgrades in Oswego, we aim to sustain and grow important partnerships with our valued customers"
- [oswegocountynewsnow.com](https://www.oswegocountynewsnow.com/news/novelis-to-invest-nearly-130m-in-oswego-facility/article_de62f732-3279-11ec-be43-575c5ac3f1c8.html), 2021-10-21: "Novelis, Inc. announced plans this week to invest approximately $130 million in upgrades to its Oswego County operations."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.