Plans for establishing more aluminium frame production in Europe

Industrial conglomerate
Currently the initiative for establishing a 2nd alloy frame producing facility in Europe is in the early stages. As it seems plans are in an orientation phase. The company behind it is an industrial conglomerate capable of a multi-million euro investment.
New bike assembly facility in Portugal
The new bike assembly facility being set-up in Portugal will presumably have an annual production capacity in excess of a half million bikes. It is said that machinery is already being procured and production will start in the near term.
Triangles aluminium frame facility
It is learned that companies- Rodi, Miranda, and Ciclo-Fapril are investing € 14 million in a Portuguese frame facility named Triangles, which will have an initial capacity of 450,000 aluminium frames. For phase 2 another investment of € 5 million is planned, to raise capacity further.
Creating supply chain flexibility
Investing and setting-up aluminium frame production in Portugal is a major move towards adding flexibility to the supply chain of the bike industry in Europe. Currently Triangles is also developing a project with one of the biggest producers of suspension forks. Production is to expected to start in the first quarter of 2017.
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