Steve Fisher

State and Federal Lawmakers In Attendance for Groundbreaking of Novelis Automotive Aluminium Plant in SW Kentucky

State and Federal Lawmakers In Attendance for Groundbreaking of Novelis Automotive Aluminium Plant in SW Kentucky

Atlanta’s rolled and recycled aluminium firm Novelis Inc. played host to an august body of dignitaries on Monday as it broke ground on its new US$305 million automotive aluminium sheet manufacturing plant in Guthrie, Kentucky. The 400,000 ft2 will be the site...

Events

Novelis to Open US$300 MM Automotive Aluminium Sheet Plant in SW Kentucky

American rolled and recycled aluminium firm Novelis Inc. unveiled plans yesterday to construct and operate a 200-thousand-metric-tons-per-annum automotive aluminium sheet manufacturing facility in Guthrie, Kentucky. Per the firm’s press release, the US$300 million greenfield facility will feature heat treatment and pre-treatment lines for use in producing aluminium sheet for subsequent molding into such automotive parts […]

Novelis Posts Record Results in Latest Quarter

Atlanta’s rolled and recycled aluminium firm Novelis Inc. reported results for the second quarter of their FY 2018 yesterday, boasting record numbers in several major financial categories. The firm reported net sales of US$2,794 million, up year-on-year from last year’s total of US$2,361 million. The rise in sales the firm credits to higher average aluminium […]

Novelis Sustainability Report Shows Firm is Well Ahead of Targets

Aluminium rolled and recycling firm Novelis, Inc. released its 2017 Sustainability Report yesterday. The firm boasted the achievement of several sustainability targets up to two years ahead of schedule. According to the report, Novelis increased the use of high-recycled metal content inputs by 55 percent and reduced water usage to 2.7 cubic meters per metric […]

Automotive Aluminium Sales Drive Up Q1 Numbers for Novelis

Rolled and recycled aluminium firm Novelis Inc. released results for the first quarter of fiscal year 2018 yesterday, buoyed by robust operational performance and continued gains in the automotive sector. The firm’s net sales totaled US$2.7 billion in the just-ended quarter, up from US$2.3 billion in the first quarter of FY 2017. Novelis credits a […]

Novelis Posts Record Gains in Fourth Quarter and Full Fiscal Year 2017

Aluminium rolling and recycling firm Novelis Inc. reported financial results for the fourth quarter and full fiscal year of 2017 yesterday. The firm posted increases across several major metrics in both periods thanks in part to improved aluminium prices and increased operational efficiencies. Novelis net sales rose by nine percent to US$2.6 billion over the […]