Aubert & Duval Invests for the future (US)

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French Industry Minister Arnaud Montebourg chats with Mr Georges Duval, Chairman of Aubert & Duval. (right) and   Chairman & CEO of ERAMET, Patrick Buffet (left) at the opening day of the A&D IV30 production site in Saint-Georges-de-Mons, France, on October 19, 2012. ( Credit Photo @ France 24).

In 2010 Aubert & Duval, an ERAMET Group subsidiary, began an extensive, €150 million “Investments for the future” programme.On October 19th, 2012 in Auvergne, France, the Minister for Industrial Renewal Mr Arnaud Montebourg inaugurated the IV 30 unit in the presence of Mr Patrick Buffet, Chairman & CEO of ERAMET and Mr Georges Duval, Chairman of Aubert & Duval. The centrepiece of the facility, a nickel alloy vacuum furnace, is one of the largest of its kind in the world.

The centrepiece of the facility, a nickel alloy vacuum furnace, is one of the largest of its kind in the world

The Minister also toured the new UKAD plant, which has already come on stream as key part of Europe’s unique aerospace-grade titanium production channel. The “Investments for the future” programme shows Aubert & Duval’s will to develop its leadership positions in high-tech metallurgy, including nickel-based superalloys, high-performance steels and the titanium and aluminium alloys needed for many cutting-edge industries such as aerospace, power, medical equipment and defence. Three Open Days were organised to turn the spotlight on these new plants. On Friday October 19th, in the presence of the Minister of Industrial Renewal, the event was attended by 200 of the region’s key people, including business executives and partner companies.  The day before, almost 150 customers from around the world also discovered the new facilities. On Saturday, October 20th, around 3,000 employees and their families are expected on site for a presentation of the new facilities.

ABOUT AUBERT & DUVAL

Aubert & Duval (a subsidiary of the ERAMET Group’s Alloys Division), a specialist in upscale metallurgy, is a world leader in high-performance steels, superalloys, titanium and aluminium. AUBERT & DUVAL designs and produces cutting-edge metallurgical solutions in the form of parts or long products for projects in the most demanding industries, e.g. aerospace, energy, motor racing, nuclear power and medicine. The largest industrial employer in Ariège and the 2nd largest in Puy de Dôme, AUBERT & DUVAL posted turnover of €690 million in 2011 and employs almost 4,000 people.

CONTACT

Internal communications manager
Clotilde Huet
tel: +33 (0)1 4538 3715
To find out more: www.aubertduval.fr

ABOUT ERAMET

ERAMET is a leading global producer of:

– alloying metals, particularly manganese and nickel, used to improve the properties of steel,
– high-performance special steels and alloys used in industries such as aerospace, power
generation and tooling. Moreover, ERAMET is studying or developing major projects in new activities with high growth potential, such as mineral sands (titanium dioxide and zircon), lithium, niobium and rare earths, and in recycling. The Group employs approximately 15,000 people in 20 countries. ERAMET is part of Euronext Paris Compartment A
CONTACT
Vice President Strategy and Investor Relations
Philippe Joly
Tel.: +33 (0)1 4538 4202
Investor Relations
David Fortin
Tel.: +33 (0)1 4538 4286
To find out more: www.eramet.com

Posted in Strategy.

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