German Wieland AG, a leading global supplier of high-quality copper and copper alloy solutions, announced its plans to make a landmark $500 million capital investment to re-equip, expand, and modernize its facility located in East Alton, Illinois.
The project includes the installation of an additional state-of-the-art hot rolling mill that will allow Wieland to increase and improve its production of critical copper and copper alloy components that are used today in advanced energy properties such as electric vehicles (EVs), EV charging infrastructure, and renewable energy production.
“This investment positions Wieland as the undisputed leader in North American rolled products and underscores our commitment to the revitalization of American manufacturing.” CEO Dr. Erwin Mayr emphasized that the modernization in East Alton, IL – following Wieland’s modern plant in Vöhringen, Germany as a benchmark – is a testament to Wieland’s commitment to longevity and growth. “This investment represents our dedication to respond to our customers’ evolving needs, bringing long-term sustainable solutions to the North American market. The project will allow Wieland to significantly expand future capacity and deepen our collaboration with our customers in building towards a more sustainable future.”
“Wieland’s leading work in copper solutions is a major economic engine in the East Alton area, and this expansion announcement reaffirms their commitment and the commitment of the state to ensuring that partnership continues to grow and thrive,” said Governor JB Pritzker.
“This expansion announcement is about leveraging Wieland’s more than 200-year history to build upon the 100-year history of our East Alton facility,” said Greg Keown, President of Wieland Rolled Products North America.
He thanked all shareholders on the local, regional and state level for their fruitful cooperation getting this expansion on its way, a shining example for successful public-private partnerships.
Photos ©: Wieland AG, Germany / USA