Alcomet AD opened a new workshop for the fabrication and mechanical processing of aluminum profiles in Shumen, Bulgaria. The new capabilities will enable the company to better serve the automotive market, particularly electric vehicles.
“The project is the result of joint efforts of all sections in the company,” said Valeria Koleva, sales director of Extruded Products at Alcomet. “We worked tirelessly to win our first automotive projects and be qualified as an approved supplier to the automotive industry. We have serious ambitions for growth in this regard. We hope that in the coming years our sales of automotive products will reach 25% at least as a share of our extrusion production. We are proud to be part of the process of large-scale reforms that are being carried out in the automotive industry.”
The 13.5 million BGN (US$7.7 million) investment at the company’s extrusion operations includes technologically advanced equipment for a wide range of finishing operations, including milling, punching, passivation, vibratory grinding, and component assembly. This equipment will enable the company to produce finished aluminum components that are ready for installation in electric cars and other vehicles. In addition to serving the automotive industry, the new workshop will also process aluminum profiles for a variety of industries, including construction and architecture, mechanical engineering, renewable energy, and other sectors.
Despite the impact of the pandemic, which hindered the implementation of the project, Alcomet was able to achieve the successful start of its new fabrication shop in the planned timeframe. The company already has a long-term contract with a well-known car manufacturer in place. Its new workshop is currently able to produce prototype and pre-series production components. Alcomet expects serial production of extruded aluminum parts to begin in early 2022.