Wieland announces $52 million investment towards the enhancement of its Rolled Products operations at East Alton
- Investment of $52 million to build a new casting unit to expand capacity and enhance capabilities of Wieland Rolled Products North America
- The improvement will include significant technical upgrades; essential for future growth opportunities
- The endeavor furthers Wielands commitment to preserving market leadership in quality, alloy portfolio, and to respond to customers’ growth expectations
Wieland is the leading producer and converter of rolled products in North America. To meet the increasing customer demand for sustainable flat-rolled products of copper and copper alloys, Wieland will invest approximately $52 million into its casting operations in East Alton, IL. Investment plans include the construction of a new state-of-the-art casting unit and further building expansion – this undertaking also creates a platform for future growth investments. The long-term objective for the East Alton operations, the center of Wielands core casting and rolling processes in North America, is to retain market leadership in quality, alloy portfolio, and to respond to customers’ growth expectations across all rolled products market segments served.
The investment project will begin in spring of 2022 with an expected completion date in 2024.
"By investing in state-of-the-art technology at East Alton, we aim to sustain and grow important partnerships with our valued customers," said Greg Keown, President, Wieland Rolled Products North America. "Additionally, these upgrades will strengthen our ability to be a lasting community partner and great place to work in East Alton, IL."
With this endeavor, Wieland reaffirms its commitment to both customers and end consumers, who can count on Wieland to continue providing the highest quality products and solutions with the best service and delivery performance long into the future. This investment enables future enhancements of capabilities in East Alton, assuming key stakeholder support and commitment, and further supports Wielands commitment to North America. The investment at East Alton is complementary to Wielands recently announced major Recycling initiative in North America.
Get in touch
Michael Demmer | Senior Vice President, Strategy and Business Development Graf-Arco-Straße 36 | 89079 Ulm | Germany
P +49 731 944 2233 | email@example.com
Wieland Rolled Products North America
Greg Keown | President 4803 Olympia Park Plaza, Suite 3000 | Louisville, KY 40241 | USA
P +1 502 473 6604 | firstname.lastname@example.org