Metal Recycling

Novelis invests $7 million for expansion

Novelis Inc. announced it is investing more than $7 million to hire 37 new employees and restart several pieces of idled equipment at its manufacturing facility in Terre Haute, Indiana. With this expansion, the plant will produce aluminum for household foil applications later this year after recently securing several multi-year agreements with key customers.

 


Examples of these applications include products such as aluminum foil sheets and rolls used in commercial and residential kitchens. Novelis is actively seeking qualified candidates for available positions that include operators, mechanics, electricians, engineers and other operational leadership roles. Interested candidates can learn more by visiting novelis.com/careers and searching for jobs in Terre Haute.

Novelis stopped producing household foil in 2014 due to unfavorable market dynamics. Since then, the U.S. Aluminum Association’s Trade Enforcement Working Group, of which Novelis is a member, has filed antidumping and countervailing duty cases against several countries from which unfairly priced aluminum foil has been imported into the U.S. Since the success of these cases, interest for household foil produced in the U.S. has increased and Novelis has decided to reenter the market, create jobs and invest in its operations.

The Indiana Economic Development Corporation offered Novelis up to $475,000 in conditional tax credits based on the company’s job creation plans. These tax credits are performance-based, meaning the company is eligible to claim incentives once residents of Indiana are hired. The Terre Haute Economic Development Corporation approved additional incentives. The WorkOne Center of Western Indiana will also support Novelis’ hiring efforts and offer eligible, unemployed workers funding for on-the-job training.

Published in the September 2021 Edition

You May Also Like

Metal Recycling

Metal Recycling

Resources

Add Your Organization The Breast Cancer Research Foundation Donate Your Vehicle to BCRF and Make a Difference! Help defeat breast cancer with your tax...

Metal Recycling

Privacy Policy | Terms of Use
877-777-0043 • Phone 419-931-0737 • Fax 419-931-0740 • 28300 Kensington Ln., Ste. 500, Maumee, Ohio 43537
© Copyright American Recycler News, Inc. All rights reserved. Any reproduction of content requires written permission.
Exit mobile version