Voestalpine plans to invest €30 M in its Swedish subsidiary Uddeholms AB (US)

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On  2 March 2017 |Today Prime Minister Stefan Löfven visited voestalpine company Uddeholms AB at its headquarters in Hagfors, in southern Sweden. Uddeholms AB, part of the Special Steel Division of the voestalpine Group, is specialized in the production of tool steels used in the automotive, mechanical engineering, consumer goods and packaging industries. During his visit to Hagfors, Prime Minister Stefan Löfven was able to see for himself voestalpine’s state-of-the-art plant, and to speak with company representatives.   Voestalpine has already invested over EUR 100 million in continually expanding technology and capacity at Uddeholms AB over the past decade.

“In order to reinforce the company’s global leadership in special steels for industrial tool manufacture, over the coming years further investments totaling around EUR 30 million are planned, for new high-tech heat treatment facilities, as well as research establishments to further refine our steel grades. A focus of our future activities in Hagfors also lies in producing metal powders designed for use in 3D metal printers.”

Franz Rotter, Member of the Management Board of voestalpine AG and head of the Group’s Special Steel Division
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