May 31, 2024
BY Expert Base MetalsNorsk Hydro has announced an $85 million investment in a new casting line at its recycling plant in Kentucky, USA. The new line, expected to be operational by 2026, will cater to the US automotive market. This investment is supported by tax incentives from the Kentucky Economic Development Finance Authority (KEDFA) and is projected to create 31 new jobs. The new casting line will enhance the plant's capacity by 28,000 tons.