Eight years after building a new Sinterstahl factory for the manufacturing of transmission parts in Miéres, Asturias, Spain, the first expansion of this facility was inaugurated on July 5th, 2004, with the Spanish Secretary of Industry, José Montilla Aguilera, and the President of the Province of Asturias, Vicente Alvarez Areces, and other guests of honor in attendance.

Sinterstahl Asturias S.A. is one of four production plants of the Sinterstahl Division and produces exclusively synchronizer hubs for automotive LCV manual transmission applications.

“By focussing on a selected product group, state-of-the-art production technologies, highly motivated employees and the support of the province of Asturias and of the Grupo ThyssenKrupp Industries, Sinterstahl Asturias has become one of the most productive plants of the Plansee Group”, stated Dr. Michael Schwarzkopf, Chairman of the Executive Board of the Plansee Holding AG in his address at the formal inauguration ceremony.

“This business expansion marks another milestone of the global focusing strategy of the Sinterstahl-Group“. The total investment of 13 mil. €. will provide significant additional capacity to serve our customers needs and increase the workforce at this site to 110 employees.

Plansee, with its three divisions consisting of Plansee High Performance Materials, Ceratizit and Sinterstahl is one of the leading manufacturers of powder metal products made from refractory metals, carbides and PM steel. Plansee with its 52 worldwide companies in 18 countries generates an annual global turnover of € 750 mil. with 6.400 employees.