Posted in | News | Ferrous Alloys and Metals | Iron and Steel | Automotive Materials | New Product

First Stainless Steel Tubemaker in the Czech Republic

Jun 15 2005

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On 13 June 2005, Guy Dollé, CEO of Arcelor, inaugurated the stainless steel tubes plant of its Matthey subsidiary, located at Usti nad Labem, north of Prague. The construction of this new production unit, dedicated to the automotive exhausts market, was completed in 11 months.

The speedy implementation of this project reflects Arcelor's determination to be even closer to its automotive customers by improving its service offer.

The new plant represents an investment of 15 million euros in two steps. In due course, it will employ more than 100 personnel. This investment is an integral part of Arcelor's strategic ambition to accompany its customers' moves and to develop new markets in the Eastern European countries.

http://www.arcelor.com/

Posted15th June 2005

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