# Weber Metals unveils $180M 60,000-ton forging press at new Paramount facility

Weber Metals, a division of Otto Fuchs KG, unveiled a new $180 million 60,000-ton forging press at its new 2.5-acre facility in Paramount, California. The press will double employment to 800 jobs and produce parts for aircraft and spacecraft, with the first production part for Boeing's 737 MAX.

- Type: New facility
- Announced: 2018-10-23
- Where: Paramount, California, United States
- Value: $180.0M
- Jobs: 800
- Starts operating: 23 Oct 2018
- Status: completed
- Capacity: 60,000-ton press
- Products: forged aerospace parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [Weber Metals](https://endata.com/companies/19173.md)
- [Gray Construction](https://endata.com/companies/3188.md) (partner)
- [Otto Fuchs KG](https://endata.com/companies/19174.md) (partner)

## Sources

- [prnewswire.com](https://www.prnewswire.com/news-releases/weber-metals-and-otto-fuchs-kg-debut-new-world-class-forge-press-300736330.html), 2018-10-23: "This innovative technology will literally forge the future for parts made for aircraft and spacecraft."
- [gray.com](https://www.gray.com/insights/weber-metals-gray-construction-celebrate-grand-opening-of-new-u-s-manufacturing-facility/), 2018-11-19: "Weber Metals and Otto Fuchs are thrilled to announce that our world-class facility housing our forging press is complete."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.