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voestalpine AG will invest over EUR 40 million in a new high-tech, high-speed forging line at Böhler Edelstahl in Kapfenberg, Austria, to manufacture forgings for aircraft components and oil & gas industry parts. The facility is scheduled to go into operation in 2018.
“In the next two years voestalpine will invest over EUR 40 million in a new high-tech, high-speed forging line at Group company Böhler Edelstahl GmbH & Co KG in Kapfenberg.”voestalpine.com
Summarized from public sources; check the original articles before acting on it.