Hungary – The manufacturer is investing $13m at its site in Székesfehérvár to double the output of its Dura-Bright EVO surface-treated product, while the Hungarian Government will contribute 1 billion forints ($4.5m) through its regional economic development initiative.
Construction work began in January this year and completion is expected in 2015. The expansion will increase by 35 the number of permanent personnel at the location.
According to Tim Myers, president, Alcoa Wheel and Transportation Products, demand for forged, lightweight aluminium wheels continues to grow in Europe as a result of emissions regulations. “Additional capacity at our manufacturing facility in Hungary positions us to capture this growth,” he stated.
www.alcoa.com
- Technology
- Spotlight
- Companies
- Emobility
- Materials
- Kaizen
- Voice
- Insight
Lithium-ion battery gigafactory database- Electric vehicle battery supply chain analysis 2021: How lithium-ion battery demand and production are reshaping the automotive industry
- Global New Vehicle Demand Forecast 2020-2030. Covid-19: The Long Road Ahead
- Tier Supplier Profit Analysis: Mitigating Margin Compression and Manufacturing Costs
- Regions
- Marketplace