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voestalpine continues expansion in north america

December 20, 2012

Two recent expansions—the groundbreaking of voestalpine Stamptech in Catersville, GA and the acquisition of Sturdell Industries in Rochester, NY—mark the Austrian voestalpine Group’s continued market expansion in the US and North America 
  

On November 14, 2012 voestalpine held the groundbreaking ceremony for a new $65 million plant in Cartersville, GA. Located 40 miles northwest of Atlanta, the plant is planned to be operational in mid 2013 and to employ approximately 220. The company will begin its production activities with pressing/stamping, welding and assembly activities and later expansion will include hot forming and laser-welded blanks. The company will be part of voestalpine’s Metal Forming Division and will serve the growing automotive cluster found in the region.

On December 7, 2012 voestalpine announced the acquisition of the Canadian company Sturdell Industries Inc., which is headquartered in Rexdale (Toronto) and has another site in Rochester, NY. The company has a staff of approximately 80 and specializes in the machining of mold steel. The acquisition is part of growing voestalpine’s Special Steel Division and will become part of the structure of voestalpine’s Böhler-Uddeholm Canada Ltd.

The voestalpine Group is a steelmaking, processing, and technology group that operates worldwide and manufactures, processes and develops high-quality steel products. With 500 production and sales companies in more than 50 countries on five continents and 46,500 employees worldwide, the Group is one of the leading partners to the automotive and appliance industries in Europe and to the oil and gas industries worldwide. The voestalpine Group is also the world market leader in railway switch technology, special rails, tool steel, and special sections. In the 2011/12 business year, the voestalpine Group reported revenue of more than $16 billion.

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