Company/Division name | Novelis |
Parent company | Aditya Birla Group |
Type of work | Manufacturing |
If manufacturing, is the company an OEM? | Yes |
Reshoring category: | Foreign Direct Investment |
Total number of jobs (added or to be added): | 125 |
Year reshoring announced: | 2018 |
Year reshoring implemented or to be implemented: | 2020 |
Domestically, the work will be done: | In-house |
Capital investment ($): | 300 |
Country(ies) from which reshored: | India |
City reshored to: | Guthrie |
State(s) reshored to: | KY |
If relevant, work nearshored to: | - |
Industry(ies): | Fabricated Metal Products |
Product(s) reshored | aluminum rolling and recycling |
What domestic positive factors made reshoring more attractive? | Eco-system synergies, Government Incentives, Infrastructure, Proximity to customers/market |