# Hammerer Aluminium Industries invests EUR 30 million in expansion and modernization

Hammerer Aluminium Industries (HAI) announced a EUR 30 million investment package for 2018 to expand and modernize its facilities in Ranshofen, Austria. The largest investment is a new 4,000 m² hall with a fully automated production line for e-mobility products, including replacing a 27 MN press with a 40 MN extrusion press and installing a 6,300 m² solar thermal system.

- Type: Investment
- Announced: 2018-02-08
- Where: Ranshofen, Upper Austria, Austria
- Value: $37.0M (30.0M EUR)
- Status: announced
- Products: aluminium products for transport, construction, industry, e-mobility
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Hammerer Aluminium Industries](https://endata.com/companies/29987.md)

## Sources

- [hai-aluminium.com](https://www.hai-aluminium.com/en/2018/02/hammerer-aluminium-industries-reacts-with-large-investment-package-at-full-capacity/), 2018-02-09: "We will be investing 30 million euros in expanding and modernising our facilities in 2018."

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