# Armavir Metallurgical Company to build foundry and press plant for RUB 14 billion

Armavir Metallurgical Company plans to build a new foundry and press plant in Armavir, Russia, with investments over 14 billion rubles. The plant will produce up to 90,000 tonnes of aluminum ingots and 72,000 tonnes of aluminum profiles annually, creating 1,000 jobs.

- Type: New facility
- Announced: 2023-06-14
- Where: Armavir, Krasnodar Krai, Russia
- Value: $155.0M (14.0B RUB)
- Jobs: 1,000
- Status: announced
- Capacity: 90,000 tonnes of aluminum ingots per year; 72,000 tonnes of aluminum profiles per year
- Products: aluminum ingots, aluminum profiles
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Armavir Metallurgical Company](https://endata.com/companies/70825.md)

## Sources

- [dg-yug.ru](https://dg-yug.ru/news/130297.html), 2023-06-14: "Создание нового завода в историческом промышленном сердце Кубани — Армавире — важный шаг не только для отрасли, но и для города."

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