Novelis, a US-based industrial aluminium firm, has unveiled plans to construct a new aluminium sheet production plant in Kentucky, US that will entail an investment of about $300m.
Located in Guthrie, Kentucky, the green-field plant will feature heat treatment and pre-treatment lines, which produce aluminium that can be used in automobile parts such as body-in-white, hoods, doors, lift gates and fenders.
The new facility will have nameplate capacity of 200,000 metric tonnes per annum. It will be located near Logan Aluminum, a joint venture of Novelis in Russellville, Kentucky and various automotive manufacturing facilities.
The project is expected to break ground in early spring and is scheduled to open in 2020. It is anticipated to create about 125 new jobs in the region.
Novelis president and CEO Steve Fisher said: "Aluminium is a growing material of choice for the automotive industry worldwide as auto manufacturers continue to demand more and more aluminium to produce lighter, safer and stronger cars, trucks and SUVs
"Novelis will continue to innovate alongside our automotive customers to lightweight the vehicles of today while looking ahead to meet the mobility needs of the fleet-based economies of tomorrow."
Novelis chairman of the board of directors Kumar Mangalam Birla said: "Today's announcement by Novelis to expand its capabilities in North America is a strategic decision fully supported by the Aditya Birla Group to maintain the group's leadership position in the global metals sector and its ongoing commitment to serve both upstream and downstream customers."
Kentucky Governor Matt Bevin said: "We are excited to see Novelis, a leader in the global aluminium industry, expand its Kentucky presence and bring new advanced-manufacturing jobs to Todd County,"
"Partnering with companies like Novelis, who are investing here for the long term, supports the state's economy and advances our efforts to make Kentucky the centre for engineering and manufacturing excellence in America."