Novelis plans to shut down its aluminum manufacturing facility in Chesterfield next month. (Google Maps)
A global aluminum manufacturer and recycler is closing its local facility as part of a company-wide consolidation.
Novelis is planning to shut down its facility at 1801 Reymet Road in Chesterfield next month. A spokeswoman said the move comes as part of a restructuring of the company and the facility’s closure would eliminate more than 70 jobs.
“Novelis is consolidating its U.S. operations and has made the difficult decision to close operations in Richmond,” the company said in a prepared statement, referring to the facility that’s just outside Chester.
“As part of Novelis’ long-term growth strategy, we have an opportunity to simplify our operations and streamline our portfolio.”
The Chesterfield facility is slated to close May 30. The spokeswoman said 73 workers will be laid off by the closing but could potentially be hired for new positions that Novelis is creating across its North America facilities in 2025.
“We are working with affected employees to pursue job opportunities elsewhere within Novelis operations where it makes sense,” she said.
The Chesterfield facility manufactures rolled sheets of aluminum for the construction industry and is the company’s only outpost in Virginia.
An entity tied to Novelis owns a nearly 50,000-square-foot facility on a 3.5-acre property at 1801 Reymet Road, as well as a nearby 21-acre property that includes a cluster of industrial buildings at 1701 Reymet Road, per online land records.
West Virginia media outlet WVNews earlier reported that the Chesterfield facility would be shut down. The outlet reported this week that Novelis also plans to close a facility in Fairmont, West Virginia, in June.
Atlanta-based Novelis describes itself as a leading maker of flat-rolled aluminum products as well as the world’s biggest aluminum recycling company. It is part of Mumbai-based conglomerate Aditya Birla Group. In fiscal year 2024, Novelis had more than 30 manufacturing facilities and a presence in nine countries.
Novelis plans to shut down its aluminum manufacturing facility in Chesterfield next month. (Google Maps)
A global aluminum manufacturer and recycler is closing its local facility as part of a company-wide consolidation.
Novelis is planning to shut down its facility at 1801 Reymet Road in Chesterfield next month. A spokeswoman said the move comes as part of a restructuring of the company and the facility’s closure would eliminate more than 70 jobs.
“Novelis is consolidating its U.S. operations and has made the difficult decision to close operations in Richmond,” the company said in a prepared statement, referring to the facility that’s just outside Chester.
“As part of Novelis’ long-term growth strategy, we have an opportunity to simplify our operations and streamline our portfolio.”
The Chesterfield facility is slated to close May 30. The spokeswoman said 73 workers will be laid off by the closing but could potentially be hired for new positions that Novelis is creating across its North America facilities in 2025.
“We are working with affected employees to pursue job opportunities elsewhere within Novelis operations where it makes sense,” she said.
The Chesterfield facility manufactures rolled sheets of aluminum for the construction industry and is the company’s only outpost in Virginia.
An entity tied to Novelis owns a nearly 50,000-square-foot facility on a 3.5-acre property at 1801 Reymet Road, as well as a nearby 21-acre property that includes a cluster of industrial buildings at 1701 Reymet Road, per online land records.
West Virginia media outlet WVNews earlier reported that the Chesterfield facility would be shut down. The outlet reported this week that Novelis also plans to close a facility in Fairmont, West Virginia, in June.
Atlanta-based Novelis describes itself as a leading maker of flat-rolled aluminum products as well as the world’s biggest aluminum recycling company. It is part of Mumbai-based conglomerate Aditya Birla Group. In fiscal year 2024, Novelis had more than 30 manufacturing facilities and a presence in nine countries.
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I hate to see any manufacturing company leave Virginia. They are so hard to get and even harder to keep. That’s a real lose for the people that work there and for the greater Richmond area. Have our economic development people offered them any packages to stay?
Having trouble wrapping my brain around this one. Sounds like a problem with costs vs domestic/global demand. But if all the talk of tariff benefits has any truth to it, shouldn’t tariffs enable a higher cost of manufacturing to become less of an impediment and level the playing field? No way would politicians lie about something! Or is this a deeper problem where management practices and production efficiencies just don’t allow for competitive market pricing, in spite of proposed tariff “benefits?” If that’s the case, then the Novelis demise might be more like natural selection, where fitness and adaptability are… Read more »
Years ago aluminum manufacturing owned Reymet Rd