EMCC European Monitoring Centre on Change

voestalpine

Company/Organisation:
voestalpine

Geographic Location

Country: Austria
Region: Linz-Wels; Oberösterreich; Westösterreich
Location of affected unit(s): Linz

Company

Sector: Manufacturing
Manufacture of basic metals and fabricated metal products, except machinery and equipment
24.10 - Manufacture of basic iron and steel and of ferro-alloys
Number Employed: 19352

Employment Effects

Announcement Date: 28-09-2016
Type of Restructuring: Business expansion
Employment Effect Start: 28-09-2016
Planned Job Creation: 70

Additional Information

Voestalpine, international manufacturer of steel products with headquarters in Linz, Upper-Austria, is opening a new production site creating 70 new jobs.

The company invested €30 million in opening a new production site for laser-welded blanks for car bodies. The new site forms part of the voestalpine Automotive Components Linz Gmbh, a subdivision of the company's metal forming division. With the laser-welded blanks voestalpine secures its position as supplier for automotive manufacturer such as Daimler, BMW and Audi. With this new investment, the city of Linz becomes world leader in the production of laser-welded blanks producing an estimated 20 million of these per year.