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AMAG Austria Metall AG is acquiring a 70% share of the German Aircraft Philipp Group (ACP), an expert in mechanical machining of aluminum and titanium for aerospace. The transaction is expected to close in late autumn 2020.
AMAG Austria Metall AG completed a EUR 300 million expansion project, opening Europe's most modern aluminium cold rolling facility in Ranshofen, Upper Austria on 22 June. The project created 450 new jobs and doubles production capacity to over 300,000 tons.
AMAG Austria Metall AG held a grand opening for its new aluminium cold rolling mill in Ranshofen, Austria. The expansion doubles production capacity to over 300,000 tonnes per year and created 450 new jobs.
| Site | Largest | Latest |
|---|---|---|
| Ranshofen, Austria | $350.0M | 2018-06-22 |