Alabama Gets New $2.5B Aluminum Plant

URLhttps://www.manufacturing.net/operations/news/2222
Sourcehttps://www.manufacturing.net
Date Published05/11/2022
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Novelis Inc.
Parent companyHindalco Industries Limited
Type of work Manufacturing
Reshoring category:Foreign Direct Investment
Total number of jobs (added or to be added):1000
What product(s) and/or service(s) were outsourced domestically?Manufacturing
Year reshoring announced:2022
Year reshoring implemented or to be implemented:2025
Domestically, the work will be done:In-house
Capital investment ($):25000
Country(ies) from which reshored:India
City reshored to:Bay Minette
State(s) reshored to:AL
If relevant, work nearshored to:-
Industry(ies):Castings/Foundries - Subset of Primary Metal Products, Fabricated Metal Products, Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredbeverage cans, aluminum for vehicle
What domestic positive factors made reshoring more attractive?Infrastructure
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