Novelis Announces Closures Amid Restructuring
Novelis, a global aluminum producer, has announced the closure of multiple plants in the U.S. and the U.K., leading to significant job losses. The move is part of the company’s strategic restructuring efforts to streamline operations and address market challenges.
Buckhannon, West Virginia Plant Closure
In the United States, Novelis decided to close its Buckhannon, West Virginia plant, affecting approximately 80 employees. The closure was scheduled to take effect on June 13, 2024. The Buckhannon facility, built in 1999, primarily served the electrical conductor industry and other light-gauge applications.
Fairmont, West Virginia Plant Shutdown
Following this, Novelis announced the closure of its Fairmont, West Virginia operation, impacting around 189 workers. The Fairmont plant was set to cease operations on June 30, 2025. Employees were informed that significant maintenance costs and external factors contributed to the decision.
UK Operations Affected
In the United Kingdom, Novelis planned to close its foil rolling mill in Bridgnorth by the end of April 2011. This decision affected 319 employees and was part of the company’s strategy to consolidate European foil and packaging operations in response to market overcapacity and increased competition.
Economic Impact and Industry Challenges
These closures highlight the challenges faced by Novelis in maintaining its operations amid evolving market conditions and strategic restructuring efforts. The shutdowns in West Virginia mark the second major job loss in the state within a year, raising concerns about economic stability and employment opportunities in affected regions.
