Arconic invests $100 million to meet demand for industrial products and can sheet

Arconic, a leading provider of aluminium sheet, plate and extruded product, will expand its Blount County manufacturing operations with more than $100 million investment in Tennessee. The expansion will meet the rising demand for industrial products and can sheet. This will bring 200 new jobs to its Alcoa facility.

The investment will support recently announced expanded capacity for manufacturing industrial and can sheet.

“This expansion enables Arconic to help meet the strong customer demand for industrial products and can sheet. As consumers are moving away from plastics for more sustainable products, infinitely recyclable aluminum is the perfect solution. We appreciate the state’s continued support which enables us to create more jobs and advance economic growth in Tennessee, where we’ve been proudly operating for more than 100 years.” said Nandu Srinivasan, president of Arconic Global Rolled Products, North America.

“Arconic’s investment of more than $100 million is excellent news for Alcoa and Blount County. Our job at TNECD is to support high-quality job growth across the state, and we thank Arconic for its ongoing commitment and investment in East Tennessee.” said TNECD Commissioner Bob Rolfe.

“TVA congratulates Arconic on its decision to expand operations and create job opportunities and investment in Blount County. Helping to support companies, like Arconic, create quality jobs and investment in the Valley is fundamental to TVA’s mission of service and we are proud to partner with the Blount Partnership and Tennessee Department of Economic and Community Development to help further that mission and celebrate this announcement together.” said John Bradley, TVA senior vice president of Economic Development.