# voestalpine to build €30M aerostructure facility in Kapfenberg, Austria

voestalpine Group plans to invest €30 million in a new production facility at its Kapfenberg site to manufacture aerostructures such as engine mounts, wing and fuselage components, and landing gear parts. Operations are scheduled to begin by 2019.

- Type: New facility
- Announced: 2017-05-06
- Where: Kapfenberg, Austria
- Value: $33.0M (30.0M EUR)
- Starts operating: 2019
- Status: announced
- Products: engine mounts, wing components, fuselage components, landing gear parts, titanium and special steel structural parts
- Sectors: [Aerospace Components](https://endata.com/sectors/aerospace-components.md)

## Companies

- [voestalpine](https://endata.com/companies/19723.md)
- [Böhler Schmiedetechnik](https://endata.com/companies/24085.md) (partner)

## Sources

- [airport-technology.com](https://www.airport-technology.com/news/newsvoestalpine-to-invest-in-new-aerostructure-production-facility-in-austria-5806984/), 2017-05-06: "With an average annual growth rate of over 3%, the aerospace industry demonstrates a clear and continuing upward trend."

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