AMAG inaugurates new aluminium cold rolling mill in Europe

<p>AMAG, a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products, opened state-of-the-art aluminium cold rolling mill in Europe. With this, the company becomes the leading centre of expertise in aluminium rolled products.</p> <p><img style="vertical-align: middle; display: block; margin-left: auto; margin-right: auto;" src="http://www.alcircle.com/uploads/images/csm_Header-ROL2_9757a02e60.jpg" alt="news" width="517" height="390" /></p> <p>Helmut Wieser, CEO of AMAG Austria Metall AG, said: "We are very satisfied with the precision with which this project has been realised, including its implementation to deadline. Outstanding work by our project team and project partners has made this possible."</p> <p>The company made an investment totalling around EUR 1 billion (of which around 90 per cent in Austria) over a ten-year period. &ldquo;Around EUR 300 million of this amount is attributable to the most recent plant expansion,&rdquo; it said.</p> <p>&nbsp;{googleAdsense}</p> <p>AMAG doubles production capacity to more than 300,000 tonnes.&nbsp; The company can now produce wider cold-rolled aluminium sheets and strips.&nbsp;</p> <p>Helmut Wieser added:&nbsp;"With the plant expansion, we are increasing our production capacity and at the same time our quality, flexibility, productivity, as well as our competitiveness in the global market.&rdquo;</p> <p>"With the expanded product dimensions and 60 years of experience with aluminium, new sales potentials open up especially in the areas of automotive, aerospace, commercial vehicles, packaging and engineering."</p>