Headquartered in Atlanta, Novelis Inc. is the world leader in aluminum rolling and recycling. The company produces aluminum sheet and light gauge products for use across many industries, including beverage and food can, foil products, automotive, transportation, electronics, architectural, and industrial products.
In 2013, Novelis announced a four-year initiative to invest more than $2 billion in global expansion projects and needed a lender who could provide a flexible financing package that included incremental credit availability on international assets. A $1.2 billion senior secured credit facility led by Wells Fargo Capital Finance provided the company with the support they needed to grow and expand throughout the world, where they now have operations on four continents: North America, Europe, Asia, and South America.
One of the best attributes about Wells Fargo is their ability to truly understand our business and our strategic direction. They’ve demonstrated this through numerous discussions with both our leadership team, and also on the ground at our plants, truly understanding what it is that drives Novelis to be successful.- Steve Fisher, President and Chief Executive Officer, Novelis
How we support companies in the steel and metals industry
Funding innovation and growth. Addressing fluctuating commodity prices. Meeting evolving regulatory requirements. Wells Fargo Capital Finance understands the challenges and opportunities facing companies that do business in the steel, metals, and mining industries.
Our clients include a range of companies, including:
- Aluminum manufacturing
- Automotive suppliers
- Building materials
- Hardware and tools
- Scrap recycling
- Steel manufacturing