voestalpine boosts aerospace business with startup of new high-tech forge in Kapfenberg
By 2021* voestalpine will have invested around half a billion euros in technology development and digital transformation at the site in Kapfenberg. Now three major new facilities have successfully gone into operation. The highlight is a EUR 40 million forging line enabling materials for highly stressed, rotating aircraft turbine components to be manufactured for the first time; it also expands the portfolio of steel grades for the automotive and oil & gas industry. The run-up phases for a production facility for metal powder used in 3D printing and a state-of-the-art chemical laboratory were also completed at almost the same time. Work on constructing the new special steel plant is progressing rapidly.