The Atlanta-based recycling and aluminum firm added an 81,000-sq.-ft. building for processing, sorting and storing automotive scrap aluminum. The investment also included infrastructure improvements, according to a news release.
The move expands Novelis’ recent growth in Oswego to meet increased demand for aluminum sheet in North America.
The new facility features best-in-class scrap recovery and conversion technology, the company said. The recycling center will allow Novelis to process as much as 10,000 metric tons of recycled scrap monthly. The company designed the facility to meet the needs of North American automakers.
Including the recycling center, Novelis during the past five years has invested more than $400 million in Oswego and hired more than 430 employees. Novelis plans to employ an additional 250 by 2020.
"This investment will help us meet new demands of automakers as they turn towards lightweight aluminum to create more fuel-efficient vehicles," said Marco Palmieri, senior vice president, Novelis and president, Novelis North America.