Jul 25, 2022 10:00 AM
thyssenkrupp Aerospace and AMAG extend their cooperation
AMAG signs six-month contract with thyssenkrupp Aerospace
Cooperation has existed since the beginning of AMAG's aviation history
thyssenkrupp Aerospace appreciates high recycled content in aluminum
The partnership between AMAG Austria Metall AG and thyssenkrupp Aerospace has existed since the very beginning of AMAG's aviation history. The strong cooperation has now been extended for a further six months in the coming year with the signing of a new supply contract. thyssenkrupp Aerospace has thereby secured the procurement of premium aluminum for the coming year through AMAG.
Patrick Marous, CEO of thyssenkrupp Aerospace, states: "We are very pleased to have been able to conclude this contract as part of our long-term, strategic partnership with AMAG. In the current volatile market environment, it is our common goal to support our customers as a reliable partner. Long-term material supply is therefore an important part of our Materials as a Service strategy."
"Once again, the respectful way in which we have dealt with each other during the pandemic has proven that long-term perspectives are at the forefront of our partnership with thyssenkrupp Aerospace. We are all the more pleased to be able to contribute to the upturn in the aviation industry with the conclusion of this agreement," said Victor Breguncci, AMAG Austria Metall AG's Chief Sales Officer.
AMAG's aluminium, which is supplied in the form of sheets and plates to thyssenkrupp Aerospace, a subsidiary of thyssenkrupp Materials Services, and its locations in 22 countries, is used for the further production of almost all aerospace segments, such as outer shells, seats and structural parts for Boeing and Airbus, among others.
AMAG is the specialist for established aerospace materials and customized solutions for customer specific applications. AMAG products stand out due to their high scrap input ratio and the associated extremely low CO2 emissions.
About AMAG Group
AMAG is a leading Austrian premium supplier of high-quality cast and rolled aluminum products used in a wide range of industries, including the aircraft, automotive, sporting goods, lighting, mechanical engineering, construction, and packaging industries. The Canadian smelting company Alouette, in which AMAG holds a 20 percent stake, produces high-quality primary aluminum with an exemplary life cycle assessment. The AMAG components division, headquartered in Übersee am Chiemsee, combines expertise and many years of experience in the production of ready-to-install metal parts for the aerospace industry.