Hammerer takes over aluminum extrusion plant in Romania from Hydro
2020-02-07 17:23:45 [Print]
Austria-based Hammerer Aluminum Industries (HAI) said its takeover of the aluminum extrusion plant in Romania's western county of Arad from Norway's Hydro has taken effect.
"After the signing in September the acquisition by HAI of the Hydro extrusion plant in Romania becomes effective as of February, 2020. With this acquisition, HAI is systematically expanding its capacity and taking another step forward in the strategic development of all three company divisions: construction, industry and transport," HAI said in a statement on Monday.
The factory, located in Chisineu-Cris, Arad county, has two extrusion presses with a production capacity of 22,000 tonnes per year.
HAI extrusion has now 10 extrusion presses with an annual capacity of 100,000 tonnes per year, which together with an annual casting capacity of 200,000 tonnes, is making HAI one of the leading companies in the European aluminum industry.
"After the signing in September the acquisition by HAI of the Hydro extrusion plant in Romania becomes effective as of February, 2020. With this acquisition, HAI is systematically expanding its capacity and taking another step forward in the strategic development of all three company divisions: construction, industry and transport," HAI said in a statement on Monday.
The factory, located in Chisineu-Cris, Arad county, has two extrusion presses with a production capacity of 22,000 tonnes per year.
HAI extrusion has now 10 extrusion presses with an annual capacity of 100,000 tonnes per year, which together with an annual casting capacity of 200,000 tonnes, is making HAI one of the leading companies in the European aluminum industry.