Alcoa To Expand In Székesfehérvár, Hungary

  • 18 Mar 2014 8:00 AM
Alcoa To Expand In Székesfehérvár, Hungary
Alcoa is investing Ft 3 billion to double capacity at factory in Székesfehérvár due to increased demand in Europe, the US firm announced on Monday. The new unit will double output of Alcoa’s Dura-Bright Evo aluminium wheels for trucks by early 2015.

The investment will receive Ft 1 billion in EU subsidies and will create 35 jobs.

Alcoa currently employs 1,600 workers in Hungary and 75% of its suppliers are domestic companies.

Source: Hungary Around the Clock

This news item is one of many published daily by HATC, a premier subscription news service which distributes English-language info about Hungary via email or fax. For a free trial of HATC follow this link and click on 'Free Trial Subscription'.

  • How does this content make you feel?