# Alleima to invest in new VAR furnace for advanced materials

Alleima will invest in a new vacuum arc remelting furnace to expand production capacity for high nickel and stainless steel bars and tubes for aerospace, medical, and oil and gas segments.

- Type: Investment
- Announced: 2024-06-21
- Starts operating: Sep 2025
- Status: announced
- Products: high nickel and stainless steel bars and tubes
- Sectors: [Steel and Metal Products](https://endata.com/sectors/steel-metal-products.md)

## Companies

- [Alleima](https://endata.com/companies/10308.md)

## Sources

- [ssw-americas.com](https://ssw-americas.com/alleima-increases-production-capacity-for-advanced-materials/), 2024-06-21: "Alleima will invest in a new vacuum arc remelting (VAR) furnace to expand production capacity for segments like Aerospace, Medical, and Oil and Gas."

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