This year marked the sixth SelectUSA Investment Summit, the country’s largest investment conference, which was held in Washington D.C. from June 10 to 12. As a major European investor in the USA over the past years, voestalpine was also an attendee at this high-level conference. As an international technology group, the company presented its current investment projects at the event, as well as a broad range of training and continuing professional development measures which it offers its local employees in the USA. Today, at the final day of the conference, voestalpine representatives joined other international conference participants in signing the Pledge to America’s Workers, a commitment to expand programs for further training of American skilled workers.
Following the record business year 2017/18, which produced all-time highs with respect to just about every key performance indicator of the voestalpine Group, the business year 2018/19 just ended was characterized by growing political and economic challenges.
Light yet tough, ideal for processing and also recyclable—steel is a material with a future. Ongoing steel development provides the basis for new concepts in mobility, energy, and infrastructure. At its unique pilot facility in Leoben-Donawitz, Austria, voestalpine is now conducting research into the production of new high-performance steels which are subsequently processed into special rails, quality rod wire, and extremely high-resistant OCTG by the Group’s companies in Styria. Over EUR 18 million has been invested in the “Technikum Metallurgie” (TechMet), a metallurgy technical center, which is a complete but miniature steel plant. It represents the largest research investment at this site to date. It will further extend voestalpine’s global technological leadership in sophisticated product solutions in steel.