# thyssenkrupp to build €80M forging line in Homburg, Germany

thyssenkrupp announced an €80 million investment to build a new forging line at its Homburg site in Saarland, Germany, to produce forged front axles for trucks. The project will create 70 new jobs and is the largest single investment at the site.

- Type: Expansion
- Announced: 2019-07-10
- Where: Homburg, Saarland, Germany
- Value: $90.0M (80.0M EUR)
- Jobs: 70
- Status: announced
- Capacity: 360,000 forged components per year
- Products: forged front axles for trucks
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [Thyssenkrupp](https://endata.com/companies/833.md)

## Sources

- [thyssenkrupp-automotive-technology.com](https://www.thyssenkrupp-automotive-technology.com/en/press/press-releases/thyssenkrupp-to-build-the-world-s-most-advanced-forging-line-in-homburg-saarland-396.html), 2019-07-10: "This production expansion represents the biggest single investment ever made at thyssenkrupp’s Homburg site."

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