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GER - Handtmann Metal Casting goes China

New metal casting foundry plant to grow rapidly in the coming years – the construction starts in November 2013.

The Handtman group is ready for the jump to the Far East. End of November the construction of a new metal casting plant will start for gearbox and clutch housings in the Chinese metropolis of Tianjin. Buyer of  this parts will be the automaker VW, who produces cars for the Chinese market there - the investment costs for this new plant will be around 86 million €.

Even today Handtmann is Europe's number three in metal casting production, worldwide at the fifth place. In the medium term, the company plans to increase the development forward.

The light-metal-casting section is the largest company in the group Handtmann, where 1,600 people are employed, 1000 of  them in Biberach/Germany. Further plants are in Annaberg and in Košice (Slovakia). The annual sales 2012 are amounted to about 340 million €.

 

Source: Handtmann

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