PLANSEE-Group Invests 90 Million Euros at its Austrian Site
The PLANSEE Group in Austria (http://www.plansee.com) has decided to invest 90 million euros in the fiscal year 2006/07 to secure the future development of its site at Breitenwang/Ruette. A major investment is a new hot rolling mill for sheets made of refractory metals. In Spring 2006, the premises will be extended in the municipality of Breitenwang by approximately 15,000 square meters for a new mechanical processing and logistics facility for PLANSEE products. The new hot rolling mill for sheets made of refractory metals will help to satisfy the high demand for sputter targets, which are needed for manufacturing LCD flat screens.