Novelis to invest $7 million, hire 37 new workers for Terre Haute plant

URLhttps://www.tribstar.com/news/local_news/novelis-t
SourceTribune Star
Date Published07/27/2021
Mentions specific company case(s) of reshoring, kept from offshoring, or transplantYes

Additional Reshoring Information:

Company/Division name Novelis
Type of work Manufacturing
Reshoring category:Reshoring
Total number of jobs (added or to be added):37
Year reshoring announced:2021
Domestically, the work will be done:In-house
Capital investment ($):7
City reshored to:Terre Haute
State(s) reshored to:IN
If relevant, work nearshored to:-
Industry(ies):Primary Metal Products (not including Foundries and Castings)
Product(s) reshoredhousehold foil
What domestic positive factors made reshoring more attractive?Government Incentives, Under-utilized capacity
Government Incentive dollar amount:$475,000 in conditional tax credits
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