The U.S. aluminum industry directly employs 155,000 workers in nearly every state. This workforce helps innovators make good products even better by using high quality, sustainable aluminum -- the metal of choice for industries ranging from automotive to aerospace to packaging to building & construction. Sustained demand growth -- and anticipated continued growth moving forward, particularly in the automotive sector -- has led to some significant investment announcements from the industry over the past several years.
Since 2013, Aluminum Association member companies have announced and completed U.S. plant expansion investment totaling more than $2.6 billion and creating nearly 1,000 permanent and temporary jobs:
In January 2014, Alcoa completed a $300 million expansion of its Davenport, IA facility, which is creating150 new full-time jobs and an additional 150 jobs during the construction phase. In November of 2014, Alcoa announced an additional $190 million investment at the same facility to expand its product offerings in the aerospace and industrial markets. In addition, Alcoa completed a $300 million expansion of its facility in Alcoa, TN in the fall of 2015 which will create 200 new full-time jobs.
Many of these investments are designed to capture anticipated growth in the use of aluminum in the automotive market in the coming years as carmakers strive to produce lighter, safer more fuel-efficient vehicles. Recent announcements by Ford and others have underscored the increasing use of aluminum in light vehicles, which is expected to grow dramatically 2025. These expansions alone are expected to add hundreds of thousands of tons of aluminum auto sheet capacity right here in the U.S.
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