Novelis Announces Big Expansion in Oswego, NY

Global aluminum titan Novelis recently announced that it will invest funds of roughly $200 million into its Oswego plant to build a 192,000-square-foot addition. The addition to the 1.4-million-square-foot plant is due to the escalating demand for aluminum sheet in the United States. The project can be seen as Novelis’ ability to capitalize on the growing popularity of going green. Automakers are using more aluminum in their vehicles to make them lighter and more fuel-efficient without reducing size. Novelis states that these lighter weight vehicles are a major part of the solution to the challenge in reducing emissions and improving fuel economy.

Novelis also announced that the increase in production will create approximately 100 new employees at Oswego over the next two years.

For more info, visit http://www.syracuse.com/news/index.ssf/2011/07/novelis_expansion_gives_cny_co.html