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Hydro invests NOK 360M in new automotive press in Hungary · Endata

◂ Announcements

Dec 14, 2022EXPANSIONSzekesfehervar, Hungary, Hungary

Hydro invests NOK 360M in new automotive press in Hungary

Hydro is investing NOK 360 million (EUR 35.7 million) in a new high-strength press at its Szekesfehervar plant in Hungary to expand extrusion capacity for the electric car market. First extrusion is planned for 2025.

Starts operating

2025

Status

Announced

Productsaluminium extrusions for automotivecrash management systemsbattery housings

CompaniesHydro Inc.

Sectors#Automotive Components

“The new press will be part of Hydro’s automotive network, which includes the automotive press investment in Denmark announced earlier this year.”hydro.com

1 source
hydro.comHydro invests in new automotive press in Hungary | HydroDec 14, 2022

Summarized from public sources; check the original articles before acting on it.

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