The Economic Impact of Aluminum Recycling: Jobs, Supply Chain and Sustainability [Yahoo! Finance]
Ball Corporation (BALL)
Company Research
Source: Yahoo! Finance
Aluminum recycling is not just a process of reusing materials; it is a powerful engine driving economic growth, supply chain resiliency and environmental sustainability. At Novelis, we have long championed the benefits of recycling aluminum, recognizing its critical role in shaping a sustainable and prosperous future. Creating Jobs and Boosting the Economy The aluminum recycling industry is a significant contributor to job creation and economic activity. According to data from the Aluminum Association, the aluminum recycling sector in the United States accounts for 37.5%, or 60,000 of the industry's 164,000 jobs. Novelis alone employs approximately 5,000 people in the United States , with another 1,000 people to be hired at the fully integrated aluminum facility the company is building in Bay Minette, Alabama . These positions range from collection and processing to manufacturing and research, providing diverse, high-paying employment opportunities and stimulating local economies
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