Wuppermann invests around €40 million in a new tube mill at the Altmünster site

Leverkusen, 10.07.2023 – At its meeting on 30 June 2023 in Altmünster, Austria, the Supervisory Board of Wuppermann AG approved the investment in the expansion of the tube mill at Wuppermann Metalltechnik GmbH (WMT). Tubes, tube components and other parts have already been manufactured at this site for over 60 years. The planned total investment is around 40 million euros.

"The Wuppermann family has always attached great importance to the long-term and sustainable further development of the company. With this decision, we are taking a major technological development step in the area of tubes and profiles and enabling future growth and financial stability for the group of companies," Dr. C.L. Theodor Wuppermann, Chairman of the Supervisory Board of Wuppermann AG, explains the decision.

The plan is to build a new hall complex for two tube welding lines and highly automated pre-material and finished goods warehouses. An adjacent plot of land, which has already been acquired in 2021, offers ideal spatial conditions to integrate the building harmoniously into the landscape. With the technological possibilities of the new tube welding line, the extensive automation of the entire tube production and logistics processes, and the resulting high productivity, WMT can secure its future viability and accompany new developments on the market.

"We are delighted that the supervisory board has approved our investment project. This will create the most modern tube mill in the Wuppermann Group at the Altmünster site, with a very high level of digitalisation and automation. The use of artificial intelligence will bring us advantages, particularly in the quality of our products, but also in the efficiency of our processes," explains Johannes Nonn, Spokesman of the Executive Board of Wuppermann AG.

"With this greenfield project, we are taking the opportunity to include occupational safety aspects, work ergonomics, energy efficiency and sustainability from the outset and to design them in the best possible way. This also makes us even more attractive as an employer," adds Georg Wildauer, Managing Director at WMT.

Once all the necessary permits have been granted, earthworks are scheduled to begin in 2024. After completion of the building, the installation of a new tube welding line will follow. The existing tube welding line will remain in operation so that a seamless supply to customers is guaranteed. Production of the new tube welding line will start in 2025, after which the existing line will also be relocated to the new hall complex to increase efficiency. The project is to be implemented by 2026.