# Hydro invests NOK 300 million in new extrusion press in Denmark

Hydro is investing NOK 300 million (EUR 29 million) in a new state-of-the-art 12-inch, 6000-tonne extrusion press at its plant in Tønder, Denmark, to serve the European automotive and electric vehicle market.

- Type: Investment
- Announced: 2022-07-07
- Where: Tønder, Denmark
- Value: $30.5M (29.0M EUR)
- Status: announced
- Capacity: 6000-tonne extrusion press
- Products: aluminium extrusions for automotive components
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [Hydro Inc.](https://endata.com/companies/1478.md)

## Sources

- [hydro.com](https://www.hydro.com/en/global/media/news/2022/hydro-investing-in-new-automotive-extrusion-press-in-denmark/), 2022-07-07: "Hydro continues investing for the automotive industry with a NOK 300 million (EUR 29 million) investment in a new state-of-the-art extrusion press at its plant in Tønder, Denmark."

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