# voestalpine secures €250M order for automotive lightweight components

voestalpine has received a €250 million order from a European premium car manufacturer for lightweight body parts using its phs-directform technology. The company is investing €13 million to expand its Schwäbisch Gmünd site, creating 40 jobs.

- Type: Contract
- Announced: 2017-03-06
- Where: Schwäbisch Gmünd, Baden-Württemberg, Germany
- Value: $265.0M (250.0M EUR)
- Jobs: 40
- Status: announced
- Products: press-hardened body parts, lightweight automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [voestalpine](https://endata.com/companies/19723.md)
- [voestalpine](https://endata.com/companies/19723.md) (supplier)

## Sources

- [voestalpine.com](https://www.voestalpine.com/group/de/media/presseaussendungen/2017-03-06-innovatives-voestalpine-verfahren-sorgt-fuer-250-millionen-euro-auftrag/), 2017-03-06: "Der aktuelle Großauftrag bestätigt einmal mehr unsere weltweite Vorreiterrolle in der Entwicklung von höchstqualitativen Automobilkomponenten in Leichtbauweise."
- [voestalpine.com](https://www.voestalpine.com/group/en/media/press-releases/2017-03-06-innovative-voestalpine-process-brings-a-major-order-worth-EUR-250-million/), 2017-03-06: "Our intensive research and development work, as well as consistent efforts to create pioneering solutions have given us a technological advantage which allows us to meet the ever growing demands of the automotive industry."

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