Novelis Plant Completion Delayed

Sustainable aluminum rolling and recycling provider Novelis Inc. has announced updates to its plans for a low-carbon recycling and rolling plant in Bay Minette. Project costs have escalated more than 60% above original projections to $4.1 billion, a recent earnings report revealed. There has also been a delay of its completion date to the “second half of calendar year 2026.” Steve Fisher, president and CEO, added, “With customer contracts for beverage packaging already signed and automotive contracting proceeding as planned, we remain confident in the double-digit return of this historic investment.” The facility, to have 1,000 employees with an average annual salary of approximately $65,000, is to be the first fully integrated aluminum mill built in the U.S. in 40 years. Ground was broken on the plant in October 2022.

Read More

BBN-fallback

PRCA Mobile Project Benefits Feeding The Gulf Coast, Housing First

ALABAMA AEROSPACE & DEFENSE COUNCIL ESTABLISHED

Alabama Aerospace & Defense Council Established

Woods Named DRI Association...

Woods Named DRI Association Secretary-Treasurer

BALDWIN EMERGENCY PHYSICIANS STAFF NORTH BALDWIN INFIRMARY

Baldwin Eemergency Physicians Staff North Baldwin Infirmary

MMofA HOLIDAY MARKET, OPEN HOUSE ANNOUNCED

MMofA Holiday Market, Open House Announced

USA HEALTH LAUNCHES KIDNEY STONE CENTER

USA Health Launches Kidney Stone Center

BBN-fallback

Artists Market Coming To Orange Beach

METZGER NAMED CEO OF USA HEALTH PROVIDENCE HOSPITAL

Metzger Named CEO Of USA Health Providence Hospital

MOBILE INTERNATIONAL FESTIVAL IS THIS WEEKEND

Mobile International Festival Takes Place This Weekend

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

By subscribing, you agree to our User Agreement and Privacy Policy & Cookie Statement.

Something went wrong. Please check your entries and try again.

Subscribe to our weekly newsletter

Sign up here for free to get Bay Business News email newsletter every Friday.

Please enter a valid email address.
Something went wrong. Please check your entries and try again.