voestalpine Austria Draht plans to complete the construction of what is expected to be Europe’s most modern wire rolling mill at its Leoben-Donawitz site by 2016. The mill is slated to produce around 550,000 tons of high-quality wire rods each year for the automotive and energy sector. The nine-figure investment will secure the long-term future of the Donawitz site, headquarters of the voestalpine Group’s successful Metal Engineering Division.
The new line will completely replace the 34-year old rolling mill that is currently in operation. The latest IT technology and additional investment in logistics will optimise punctual delivery and flexibility. voestalpine expanded its wire processing activities in July 2012 with the acquisition of a 54% stake in CPA Filament. As part of this joint venture, a new production facility for manufacturing ultra high-strength fine wires up to 0.08mm is being constructed at the site in Fürstenfeld and the facility is currently undergoing test operations. The transition to continuous production is scheduled for the beginning of 2014.