Hydro Invests $85M in New Tech to Supply Automotive Industry with Recycled Aluminum Products

Hyrdo, an aluminum and renewable energy company, has invested $85 million in a new casing line to strengthen its aluminum plant in Henderson, Kentucky.

Eivind Kallevik, President and CEO of Hydro, announced the investment, which is being backed by tax incentives from the Kentucky Economic Development Finance Authority. The investment will create 31 new jobs for the city and increase capacity by 62 million pounds of aluminum through the new casting line.

The new line will be operational in 2026 and will work to supply the U.S. automotive industry with high-quality components.

“This investment is another step along Hydro’s journey to change the game in aluminum production. Recycling more end-of-life scrap reduces emissions, strengthens security of supply, and enables us to deliver new, cutting-edge products to our U.S. customers,” says Kallevik.

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