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

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