ArcelorMittal's $1.2 billion investment in a new NOES manufacturing facility in Calvert, Alabama, is projected to create over 1,300 jobs during construction and more than 200 permanent positions. The facility will produce up to 150,000 metric tons of NOES annually for various sectors including automotive, renewable energy, and industrial applications.
ArcelorMittal has announced plans to build a $1.2 billion advanced, non-grain-oriented electrical steel (NOES) manufacturing facility in Calvert, Alabama . This significant investment is projected to create up to 1,300 jobs during the construction phase and over 200 permanent positions to support the plant's ongoing operations.
The new facility, owned entirely by ArcelorMittal, will have the capacity to produce up to 150,000 metric tons of NOES annually, catering to various sectors including automotive and mobility, renewable electricity production, and industrial and commercial applications such as electric motors, generators, and specialized equipment. This project is expected to bolster U.S. manufacturing competitiveness by reducing the country's reliance on imported electrical steel. Construction is slated to commence in the latter half of 2025, with production anticipated to begin in 2027. Alabama Governor Kay Ivey hailed the investment, stating that it not only strengthens Alabama's position within the steel industry but also paves the way for advancements in electric motors and renewable energy technologies. Local officials expressed enthusiasm about the economic benefits the project will bring to Mobile County. Mobile Chamber President and CEO Bradley Byrne emphasized the project's role in driving job creation and innovation, while Mobile County Commission President Merceria Ludgood highlighted the creation of high-paying jobs and Mobile County's positioning as a leader in advanced manufacturing and sustainable technology.
MANUFACTURING INVESTMENT STEEL ALABAMA JOB CREATION
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