# Alcomet opens new 2500-ton press for aluminum profiles in Shumen

Alcomet JSC opened a 2500-ton press for special aluminum profiles at its plant in Shumen, Bulgaria, as part of a three-year investment program worth BGN 69 million. The press cost BGN 50 million and will produce 10,000 tons of aluminum profiles annually, creating 100 jobs.

- Type: Expansion
- Announced: 2019-05-18
- Where: Shumen, Bulgaria
- Value: $28.5M (50.0M BGN)
- Jobs: 100
- Starts operating: 18 May 2019
- Status: completed
- Capacity: 10,000 tons of aluminum profiles per year
- Products: special aluminum profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alcomet](https://endata.com/companies/19583.md)

## Sources

- [en.bia-bg.com](https://en.bia-bg.com/news/view/25465/), 2019-05-18: "Prime Minister Boyko Borisov, Mayor Lyubomir Hristov and the President of the Bulgarian Industrial Association Radosvet Radev opened a 2500 ton press for the production of special aluminum profiles of a new high-tech generation in Alkomet JSC, Shumen."

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