AMAG Austria Metall : signed multiyear contract with Airbus
July 18, 2016 at 06:13 am EDT
Share
The contract includes a significant increase of business volume commencing January 2017. The contract is the largest ever signed between AMAG and Airbus.
'AMAG and Airbus have maintained a successful partnership since the year 2005. This contract will significantly expand our business with Airbus and strengthen our position as a valued supplier to the aircraft industry. We are proud to serve Airbus with high quality rolled products for some of the most advanced aircraft', said Helmut Wieser, CEO of AMAG Austria Metall AG.
AMAG will supply aerospace certified aluminium flat rolled products to Airbus mainly for the use in the aircraft structure and skin of all aircraft families. Another focus is on fostering AMAG´s involvement within Airbus´ supply chain through common recycling projects and initiatives to increase material efficiency.
With the new hot rolling mill complex in Ranshofen AMAG has increased the production capacity and extended the portfolio of hot rolled products to larger dimensions. Moreover AMAG recently started the construction activities for the new cold rolling mill and additional heat treatment and upgrading capacity.
'The new cold rolling mill, scheduled for start in 2017, will close the gap in the portfolio of wide cold rolled strip and sheet and will make AMAG a full range supplier. With our strategic growth program we have created the base for the expansion of the business with Airbus and for future growth with our customers', said AMAG CEO Helmut Wieser.
pdf-file
About the AMAG Group
AMAG is a leading Austrian premium supplier of high-quality aluminium cast and flat rolled products for highly varied industries such as the aircraft, automotive, sports equipment, lighting, mechanical engineering, construction and packaging industries. The Canadian smelter Alouette, in which AMAG holds a 20 % interest, produces high-quality primary aluminium while safeguarding an exemplary eco-balance. With around 1,700 employees, the company achieved revenue of EUR 913 million and an operating result (EBITDA) of EUR 127 million in the 2015 financial year.
AMAG - Austria Metall AG published this content on 18 July 2016 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 18 July 2016 10:13:03 UTC.
Original documenthttps://www.amag.at/en/press/press-releases-2016/18072016-multiyear-contract-with-airbus.html
Public permalinkhttp://www.publicnow.com/view/2A0CA2AE72F7F46A23B2304D77CC7764B3B3A69F
AMAG Austria Metall AG is an Austria-based holding group company. It manages its business through four operating divisions Metal, Casting, Rolling and Service. The Metal Division includes the 20 % interest held in the Alouette smelter, and is responsible within the AMAG Group for the production of primary aluminium, the control of metal flows, the hedging of AMAGâs operating companies against aluminium price risk and the marketing of primary aluminium. Casting Division recycles aluminium scrap in order to produce high-quality casthouse alloys. Its product portfolio covers aluminium materials tailored to customer requirements in the form of ingots, sows and liquid aluminium. Rolling Division is responsible for the production and sale of rolled products (sheets, coils and plates), as well as precision and rolled plates. The rolling mill specialises in premium products for selected markets. Service Divisionâs portfolio includes facility management (building and area management).
AMAG AUSTRIA METALL AG 
