# Gränges invests SEK 400M to expand Finspång aluminium plant

Gränges has decided to invest SEK 400 million to improve efficiency and expand capacity at its Finspång production facility. The project is expected to be completed in the second half of 2021, increasing capacity by 20 ktonnes to 120 ktonnes annually.

- Type: Expansion
- Announced: 2018-10-25
- Where: Finspång, Sweden
- Value: $44.0M (400.0M SEK)
- Starts operating: Q3 2021
- Status: announced
- Capacity: 120 ktonnes annually
- Products: advanced aluminium materials for heat exchangers
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Gränges](https://endata.com/companies/3224.md)

## Sources

- [granges.com](https://www.granges.com/newsroom/press-releases/2018/granges-to-improve-efficiency-and-expand-capacity-in-finspang--investment-of-sek-400-million/), 2018-10-25: "By streamlining and expanding the facility in Finspång, we create opportunities for a clear improvement of operating results in our European operations."

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