In December 2017, voestalpine has agreed on a EUR40M investments in a new high-tech forging line for the production of high-quality pre-materials for aircraft components. Now, a further EUR30M will go to the Kapfenberg site in Austria over the next two years, to finance a state-of-the-art production facility for aerostructures including highly stress-resistant engine mounts, wing and fuselage components, and landing gear parts. The fully automated facility is scheduled to commence operations in 2019.
With its pioneering technologies for the aerospace sector, the Special Steel Division is making a considerable contribution to achieving the voestalpine Group’s strategic target of raising the share of overall revenue generated in the growing mobility sector to 50% by 2020. voestalpine high-performance materials and advanced special forgings have become an indispensable part of models made by the major aircraft manufacturers, in particular Airbus and Boeing. This latest EUR30M investment in a new production line at Group company Böhler Schmiedetechnik in Kapfenberg, Austria, is designed specifically to meet the growing demand for extremely high load-bearing, weight-saving structural parts in titanium and special steels which are used in aircraft construction.
