# VDM Metals invests EUR 21M in strip production expansion at Werdohl

VDM Metals is investing around EUR 21 million in a new bright annealing line at its Werdohl site to boost strip production capacity by 30%. Construction is set to commence in mid-2017.

- Type: Expansion
- Announced: 2017-05-01
- Where: Werdohl, Germany, Germany
- Value: $23.0M (21.0M EUR)
- Status: announced
- Capacity: 30% increase in strip production capacity
- Products: strips, bright annealed strips
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [VDM Metals](https://endata.com/companies/23936.md)

## Sources

- [stainless-steel-world.net](https://stainless-steel-world.net/vdm-metals-expands-its-strip-production/), 2017-04-30: "VDM Metals is planning to expand its strip production at the Werdohl site. To this end, the company is investing around EUR 21M in a new bright annealing line."

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