NEW YORK Aluminum manufacturer Novelis Inc. has commissioned a $200-million expansion of its rolling operations in Oswego, N.Y. The expansion increases the companys North American capacity for producing aluminum sheet for the automotive industry by 240,000 tons, five times its previous capacity in the region.
"This automotive expansion in North America is an important piece of our global strategy in a market that is experiencing explosive growth," Novelis president and chief executive officer Phil Martens said in a statement. "We are aggressively increasing our capacity to produce automotive sheet worldwide and we are well positioned to extend our leadership in this strategic market segment."
Atlanta-based Novelis began construction on two high-performance aluminum processing lines for automotive applications at its Oswego facility in 2011 in response to escalating demand for automotive aluminum sheet in the United States, the company said.
"Todays commissioning marks an important milestone in Novelis ongoing commitment to serving the automotive industry," Marco Palmieri, senior vice president and president of Novelis North America, said in a statement. "Intensive use of aluminum in vehicles is growing more than 25 percent a year. Not only does this expansion allow us to respond to the rapidly increasing demand for aluminum automotive sheet, it also plays a key role in our ongoing recycling efforts to further improve the sustainability of aluminum in vehicles."
Novelis Oswego facility is an integrated recycling, hot-rolling and cold-rolling complex producing aluminum sheet for the beverage can, automotive and building and construction industries.