As well as driving forward its strategy of globalization, the voestalpine Group is continuing to focus on Austria, extending its automotive capacities at the site in Linz and investing around EUR 30 million in its second plant for laser-welded blanks. “Today we generate around 48 percent of our Group’s revenue in the growing mobility market, two thirds of which comes from the automotive sector. With what is now the world’s largest production facility for blanks here in Linz, we are again highlighting our material and processing expertise for premium automotive customers,” says Wolfgang Eder, Chairman of the Management Board of voestalpine AG.
In the production hall measuring nearly 8,000 square meters at the new plant belonging to voestalpine Automotive Components Linz GmbH (formerly voestalpine Europlatinen GmbH), innovative laser-welded blanks in ultra high-strength steels will be produced for use in automotive construction. Part of the Metal Forming Division, the company is responding to rapid growth in demand for lightweight components in the automotive sector. voestalpine Automotive Components Linz GmbH has already fixed production orders running through to the middle of the coming decade. The investment has created around 70 new jobs. Production of an extra five million laser-welded blanks each year at the new plant (in addition to current production of 15 million blanks a year) is expected to raise annual revenue from its current level of EUR 113 million to more than EUR 160 million over the coming years. The target revenues have already risen since the groundbreaking ceremony in the summer of 2015. “This shows clearly that investing in the new plant in Linz was a future-oriented decision,” says Peter Schwab, Member of the Management Board of voestalpine AG and Head of the Metal Forming Division. “We are consistently striving to be the technology and market leader in the sophisticated car body construction and automotive safety component niches. Today’s opening shows that we have also lived up to this claim in the laser-welded blanks sector,” explains Schwab.