Industry News

Austria’s HAI to invest EUR 100 million in new facilities

Views : 214
Update time : 2022-10-13 17:16:41
As part of the continuous development plan in recent years, Hammerer Aluminium Industries (HAI), a supplier of aluminum products in Austria, announced that it has invested EUR 100 million in the construction of two new extrusion lines and a new logistics center.

The second 60-meganewton extrusion line was installed at the Ranshofen site this year, and another automated extrusion line, including all upstream and downstream production facilities, will follow next year, which will be used to produce aluminum profiles for electric vehicles.

Besides, another 40-meganewton automated extrusion line will be built at the Cris site in Romania, focusing on the solar, construction, and industrial sectors, as well as the associated infrastructure.
Related News
Read More >>
Japan's steel exports fall by 8.2% y-o-y in Jan Japan's steel exports fall by 8.2% y-o-y in Jan
Mar .04.2026
Japan's steel exports fall by 8.2% y-o-y in Jan
Global crude stainless steel production reaches 64.16 million tons in 2025 Global crude stainless steel production reaches 64.16 million tons in 2025
Mar .04.2026
Global crude stainless steel production reaches 64.16 million tons in 2025
ArcelorMittal Mexico achieves 18% increase in daily heats with new transformer ArcelorMittal Mexico achieves 18% increase in daily heats with new transformer
Mar .04.2026
ArcelorMittal Mexico achieves 18% increase in daily heats with new transformer
Taiwan’s stainless steel market holds steady after consecutive price hikes Taiwan’s stainless steel market holds steady after consecutive price hikes
Mar .04.2026
Taiwan’s stainless steel market holds steady after consecutive price hikes