Novelis is to spend EUR11m (US$17.2m) to expand production capacity at its plant in Nachterstedt, Germany, in response to growing demand in automotive markets in Europe.
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The investment will increase the output and flexibility of the plant’s continuous annealing and lacquering line. The additional finishing capacity will become available during the first quarter of 2009.
“This strategic expansion enhances our offering to automotive clients,” said Martha Finn Brooks, president and chief operating officer for Novelis.
Erwin Mayr, president of the company’s advanced rolled products division in Europe, added: “For automotive, the combined unrivalled capability of our Nachterstedt and Sierre (Switzerland) plants will be significantly expanded.”
The Nachterstedt plant has unique manufacturing capabilities with specialised cold rolling, continuous heat treatment and surface finishing, enabling supply of high quality products to automotive markets.
