Not just aluminum, but building factories for anything takes years nowadays. The sheer amount of equipment needed alone is staggering, not to mention that such equipment is usually made from steel and aluminum and is often foreign made.
And this is presuming that the owners want to build the factory as fast as possible. There’s quite a few from Biden’s incentives that are still not anywhere near ready to start producing anything. And that’s presuming that anybody has confidence that the economic environment will stay stable enough to make such a multi-decade investment worthwhile and won’t be reversed because of unexpected tariffs.
Not just aluminum, but building factories for anything takes years nowadays. The sheer amount of equipment needed alone is staggering, not to mention that such equipment is usually made from steel and aluminum and is often foreign made.
And this is presuming that the owners want to build the factory as fast as possible. There’s quite a few from Biden’s incentives that are still not anywhere near ready to start producing anything. And that’s presuming that anybody has confidence that the economic environment will stay stable enough to make such a multi-decade investment worthwhile and won’t be reversed because of unexpected tariffs.