voestalpine commences operations at visionary cold rolling center in Kematen
The voestalpine Group is opening one of the world’s most modern cold rolling centers for the production of high quality strip steel in Kematen an der Ybbs in Lower Austria. With an investment of EUR 113 million over the last five years, the new 70,000 m² facility is Böhler-Uddeholm Precision Strip GmbH’s largest production site to date. The company is part of the voestalpine Metal Forming Division which generated revenue of EUR 2.3 billion in the business year 2012/13. The new plant will immediately employ a staff of 160 and will produce 60,000 tons of strip steel annually for use in the manufacture of saws in 70 countries around the world. Over the past decade, the voestalpine Group has invested around EUR 450 million in its nine companies in Lower Austria, securing their future over the long-term.