The Latest Innovation Of Alcoa Ultra One Wheels Will Be Produced In The New State-Of-The Art Facility
Howmet Aerospace (NYSE: HWM) today broke ground on a new wheel manufacturing plant at its Howmet-Köfém Kft, Hungary, site. The new facility will significantly expand Howmet’s capacity to produce forged aluminium Alcoa® Wheels, the world’s lightest heavy-duty truck and bus wheels. The USD 30 million investment will enable Alcoa® Wheels to capture growth in key markets globally.
- | Kamyonum
“Our wheels help customers increase payload while saving fuel and reducing maintenance,” said Istvan Katus, Vice President of Howmet Wheel Systems. “Fleets are increasingly turning to our lightweight, durable wheels and this expansion will help us capture that ongoing growing demand.”
This greenfield expansion increases Howmet’s footprint in Székesfehérvár with production expected to begin at the end of 2021. Howmet’s Wheels business entered the commercial transportation market in Europe almost 25 years ago with just 32 employees and has grown to more than 600 today in Hungary. The new facility is expected to bring almost 90 new jobs to the region.
kilograms and cut up to 13.3 metric tons of CO2 emissions over the life of the wheels. For city buses, weight savings delivered by Howmet’s wheel solutions improve fuel efficiency and help extend the driving range of electric buses. The wheels are available in a variety of surface options, including the easy-care, corrosion-resistant Dura-Bright® EVO and with 17 percent added strength, compared to the industry standard, the MagnaForce® alloy enables an even stronger wheel making Ultra ONE® the strongest aluminium wheel in its class.
About Howmet Aerospace in Hungary





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