# HPW Metallwerk to build US plant for PEEK-insulated wires

HPW Metallwerk GmbH plans to open a production site in the USA to produce PEEK-insulated high-performance wires for e-mobility, following a major order from an international OEM. The investment volume is EUR 30 million, with construction starting in 2024.

- Type: New facility
- Announced: 2023-09-13
- Where: USA, United States
- Value: $32.0M (30.0M EUR)
- Starts operating: 2024
- Status: announced
- Products: PEEK-insulated high-performance wires
- Sectors: [Automotive Components](https://endata.com/sectors/automotive-components.md)

## Companies

- [HPW Metallwerk GmbH](https://endata.com/companies/72578.md)

## Sources

- [lesechos-comfi.lesechos.fr](https://lesechos-comfi.lesechos.fr/press-release/hpw-metallwerk-gmbh-etr-hpw-metallwerk-expands-to-america-with-major-order-from-an-international-oem-MvhCnmvJdDB), 2023-09-13: "HPW Metallwerk GmbH (HPW) is pushing ahead with its international expansion. As part of a major order from a well-known automotive manufacturer, HPW will open a production site in the USA."

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