Company/Division name | Novelis Inc. |
Parent company | Hindalco 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 ($): | 2500 |
Country(ies) from which reshored: | India |
City reshored to: | Bay Minette |
State(s) reshored to: | AL |
If relevant, work nearshored to: | - |
Industry(ies): | Primary Metal Products (not including Foundries and Castings) |
Product(s) reshored | metal for drink cans |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Higher productivity |