# thyssenkrupp invests €80M in new forging line at Homburg plant

thyssenkrupp Forged Technologies announced an €80 million investment for a new forging line at its Homburg, Germany plant, including a 16,000-mt closed-die press designed by Schuler's Farina subsidiary. The new 12,000-sq.m. plant will produce around 360,000 forged components per year for commercial vehicle front axles and crankshafts, adding about 70 jobs.

- Type: Expansion
- Announced: 2019-07-24
- Where: Homburg, Germany, Germany
- Value: $89.7M (80.0M EUR)
- Jobs: 70
- Starts operating: 2021
- Status: announced
- Capacity: 360,000 forged components per year
- Products: front axles, crankshafts, forged components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md), [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md)

## Companies

- [thyssenkrupp Forged Technologies](https://endata.com/companies/40879.md)
- [Schuler Group](https://endata.com/companies/16758.md) (supplier)

## Sources

- [newequipment.com](https://www.newequipment.com/metal-forming/media-gallery/21924347/schuler-details-new-tk-closed-die-press), 2019-07-24: "The main press of the new forging line will be the world's first eccentric press of this size, capacity and output to go into operation."

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