AMAG Austria Metall : renews multi-year supply contract with Boeing
May 04, 2018 at 04:07 am EDT
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Renewal of multi-year supply contract expands longstanding business relationship with Boeing
AMAG material used for all Boeing aircraft types
AMAG has renewed its multi-year contract with Boeing Commercial Airplanes for the supply of aluminium flat rolled products. AMAG products will be used especially for the manufacturing of the fuselage and wings in all current Boeing commercial aircraft types. The new agreement will expand AMAG's longstanding cooperation with Boeing and will strengthen AMAG's position as a valued supplier to the aircraft industry.
With the new hot and cold rolling mill complex and casting facility in Ranshofen AMAG has expanded its product portfolio and production capacity to take part in the projected growth perspective of the aircraft industry.
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About 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. In 2017, a workforce of around 1,880 generated a turnover of 1,036 million euros with an operating result (EBITDA) of 164.5 million euros.
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AMAG - Austria Metall AG published this content on 04 May 2018 and is solely responsible for the information contained herein. Distributed by Public, unedited and unaltered, on 04 May 2018 08:06:06 UTC
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).