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European aluminum parts maker locates €15m plant in Poland


2013-03-21



Alteams Group, a leading European manufacturer of cast aluminum components, is investing €15m in the construction of a high pressure die casting (HPDC) factory in Lebork (Pomorskie voivodship). The project, the biggest manufacturing investment in the province in the last four years, is expected to bring 200-300 new jobs. The facility is scheduled to start operations by the summer of this year. It will make aluminum parts for telecommunications equipment.

In a statement, Alteams says the new investment will strengthen its global presence and improve its competitiveness as a local supplier in the European market.

The company, which has five manufacturing sites: three in its native Finland, and one each in China and India, explains it has selected Poland as the ideal location with regard to its European customer base. Other important factors in the decision were cost competitiveness and availability of technical resources and local supplier network e.g. for electrolytical plating.



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