Novelis Launches New Solution Center to Drive Innovation
February 02 2007 - 12:30PM
PR Newswire (US)
CLEVELAND, Feb. 2 /PRNewswire-FirstCall/ -- Novelis Inc. (NYSE:NVL)
(TSX: NVL) opened the doors in January to a purpose-built facility
at its Cleveland, Ohio, office dedicated to creativity, discovery
and solutions development. The Novelis Solution Center, the first
of its kind for the global aluminum rolling company, emphasizes
collaboration and innovation to inspire new processes and products.
"The facility allows us to bring together cross-collaborative teams
in an environment of energy and imagination, arm them with tools
and techniques, and stimulate a process of design-led, creative
thinking," said Roy Stever, Vice President, Strategic Marketing for
Novelis. "This approach, the Novelis Solutions system, will help to
set Novelis apart in our industry." Kevin Greenawalt, President of
Novelis North America, said, "The Solution Center will enable us to
work hand-in-hand -- or creative mind to creative mind -- with our
customers and other partners to solve their challenges and find new
solutions. At the same time, it will accelerate our delivery of
differentiated products and services." Novelis expects the Solution
Center to aid in the pursuit of a new generation of
high-performance aluminum products, with particular emphasis on the
Company's Novelis Fusion(TM) aluminum sheet. Launched last summer,
Novelis Fusion is a breakthrough technology for the production of
multi- layered sheet products that combine the best qualities of
selected aluminum alloys. Novelis is currently working with
customers to explore and develop potential new markets. "With the
opening of its Solution Center, Novelis joins a growing group of
companies who are getting out in front of a movement to put 'design
thinking' at the center of management," said Fred Collopy,
co-editor of Managing as Designing, published by Stanford
University Press, and a department chair at the Weatherhead School
of Management at Case Western Reserve University. "Design thinking
complements the analytic, decision-oriented approaches of
management by expanding the set of available alternatives -- often
with unexpected benefits. This is most impressive when undertaken
in a traditional manufacturing business. Novelis' efforts to expand
how it thinks about such things as new beverage can concepts,
combining aluminum alloys in unique ways, and expanding the use of
recycled aluminum are promising and exciting." Although located in
Cleveland, the Solution Center will provide a hub for networking
and the sharing of best practices throughout Novelis' businesses
worldwide. "From the start of our company two years ago, innovation
has been a core driver for Novelis," said Greenawalt. "We strive to
deliver superior value to our customers in the form of high-end
products. Inventions such as our Novelis Fusion technology and
investments such as the Solution Center demonstrate our commitment
to driving innovation throughout our business and delivering on our
promise to our customers." Novelis is the global leader in aluminum
rolled products and aluminum can recycling. The Company operates in
11 countries, has approximately 12,500 employees, and reported $8.4
billion in 2005 revenue. Novelis has the unrivaled capability to
provide its customers with a regional supply of technologically
sophisticated rolled aluminum products throughout Asia, Europe,
North America and South America. Through its advanced production
capabilities, the Company supplies aluminum sheet and foil to the
automotive and transportation, beverage and food packaging,
construction and industrial, and printing markets. Visit
http://www.novelis.com/. Statements made in this news release which
describe Novelis' intentions, expectations or predictions may be
forward-looking statements within the meaning of securities laws.
Examples of forward-looking statements in this news release
include, among other things, Novelis' expectation that the Solution
Center will stimulate creative thinking, solve customers'
challenges and yield solutions, and lead to new Novelis Fusion(TM)
products and applications. Novelis cautions that, by their nature,
forward-looking statements involve risk and uncertainty. We do not
intend, and we disclaim any obligation, to update any
forward-looking statements, whether as a result of new information,
future events or otherwise. Important risk factors which could
impact the success of the Novelis Solution Center are included
under the caption "Risk Factors" in our Annual Report on Form 10-K
for the year ended December 31, 2005, as filed with the SEC, and
are specifically incorporated by reference into this news release.
DATASOURCE: Novelis Inc. CONTACT: North America, Pat Persico,
+1-440-423-6522, or , or Corporate, Charles Belbin,
+1-404-814-4260, or , or Investors, Eric Harris, +1-404-814-4304,
or , all of Novelis Inc. Web site: http://www.novelis.com/
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