# Novelis invests $130M to upgrade Oswego, New York operations

Novelis Inc. is investing approximately $130 million to upgrade its Oswego, New York rolling and recycling facility to meet growing demand for sustainable aluminum flat rolled products. The projects began in 2022 and are expected to be completed in 2024.

- Type: Investment
- Announced: 2023-01-03
- Where: Oswego, New York, United States
- Value: $130.0M
- Starts operating: 2024
- Status: under construction
- Products: aluminum sheet, aluminum flat rolled products
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [lightmetalage.com](https://www.lightmetalage.com/news/industry-news/flat-rolled-sheet/novelis-oswego-rolls-on-increasing-capacity-while-meeting-growing-demand-for-sustainability/), 2023-01-03: "The company's current plan involves the investment of approximately $130 million to upgrade its Oswego operations to meet the continuously growing customer demand for sustainable, aluminum flat rolled products."

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