# voestalpine invests up to EUR 350 million in special steel plant in Kapfenberg

voestalpine AG announced an investment of up to EUR 350 million to build the world's most advanced special steel plant in Kapfenberg, Austria. The construction phase will create up to 1,000 additional jobs.

- Type: Investment
- Announced: 2017-12-01
- Where: Kapfenberg, Austria, Austria
- Value: $413.0M (350.0M EUR)
- Jobs: 1,000
- Status: announced
- Products: special steel
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

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

## Sources

- [doi.org](https://doi.org/10.1002/maco.201770124), 2017-12-01: "The new special steel plant gives us an unparalleled, global innovative edge, both by digitalizing our processes and by continuing to raise the quality of our products."

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