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Recycled aluminum producer Hydro Aluminum Metals USA has announced plans to upgrade its plant in Henderson, Kentucky. The company will spend $15 million and retain 56 jobs.
Construction will begin in August and is expected to be completed by September 2024.
The project includes a new homogenization oven, a bag filter and a dust and gas collector. The company expects the oven to help the site meet automotive market specifications. The bag filter and collector will reduce air emissions and increase the volume of waste, allowing Hydro to recycle a wider range of materials.
“We want to accelerate the green transformation of the aluminum and automotive industries…while providing our automotive customers with advanced, high-strength alloys,” said Hydro Vice President Trond Gjellesvik.
Whitney Risley, Director of Existing Industries and Workforce Development at Henderson Economic Development, highlighted the investment’s focus on sustainability and its positive impact on the competitive automotive supply market.
Hydro is set to receive up to $1 million in tax incentives from the Kentucky Economic Development Finance Authority. Approval is based on the amount of Hydro’s investment and the number of positions retained with an hourly wage of $49.80 per hour.
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