# Novelis announces R$450 million investment in Pindamonhangaba plant

Novelis will invest R$450 million to expand aluminum sheet rolling capacity at its Pindamonhangaba plant in Brazil from 680,000 to 750,000 tons per year by mid-2024. The investment also includes a new Customer Solutions Center in São José dos Campos.

- Type: Expansion
- Announced: 2022-06-08
- Where: Pindamonhangaba, Brazil, Brazil
- Value: $88.0M (450.0M BRL)
- Starts operating: Q3 2024
- Status: announced
- Capacity: 750,000 tons per year
- Products: aluminum sheet, aluminum foil
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [mundolatas.com](https://mundolatas.com/en/novelis-announces-r450-million-investment-in-its-pindamonhangaba-plant/), 2022-06-08: "Novelis always invests ahead of market demand to ensure plate supply and support the growth of its customers’ businesses."

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