Novelis Inc. plans to build a $300 million plant to produce flat-rolled aluminum products such as those used by auto makers who are designing in lighter weight materials to meet fuel efficiency requirements. The facility's capabilities will include heat treatment and pre-treatment lines, which prepare aluminum for use in vehicle parts such as body-in-white, hoods, doors, lift gates and fenders, said a company news release.
The plant will be built in Guthrie, Ky., and have a 200,000 metric ton capacity, employing 125 people. It will be close to another Novelis facility, Logan Aluminum in Russellville.
Demand for automotive aluminum is expected to rise according to the 2017 Ducker Worldwide survey projection that aluminum content in North American passenger vehicles, particularly light trucks and SUVs, will increase 42 percent from its 2015 level by the year 2028.
The Guthrie plant is slated to open in 2020.