Alabama has attracted the first fully integrated aluminum mill built in the U.S. in 40 years.
According to the state Department of Commerce website—Made in Alabama—Novelis Inc., a world leader in aluminum rolling and recycling, plans to invest more than $2.5 billion to build a new low-carbon recycling and rolling plant in Bay Minette, Alabama.
The new plant will create approximately 1,000 jobs, which Novelis projects will pay an average annual salary of $65,000.
“With this massive investment and large-scale hiring plans, Novelis will launch a high-tech aluminum mill that will generate significant economic impacts throughout the region for generations,” said Governor Kay Ivey.
Once completed, the new Novelis plant will produce 600 kilotonnes of finished aluminum goods annually.
The Atlanta-based company has also committed to making the plant one of the most sustainable in the world. Some of their conservation goals include:
- Powering the plant with renewable energy
- Reduce its carbon footprint by 20% by 2026
- Use recycled water and be a zero-waste facility
Company-wide Novelis is committed to being carbon neutral by 2050.
“Through this investment, we are making a demonstrative commitment to continue to grow alongside our customers and meet their needs for low-carbon, highly sustainable aluminum solutions,” said Steve Fisher, president and CEO of Novelis in the Made in Alabama story. “Our readiness to invest to serve growing markets is a perfect example of how we are delivering on our company’s purpose of shaping a sustainable world together.”