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ThyssenKrupp Stahl Initiates Construction of New Krefeld Processing Center

Following a groundbreaking ceremony ThyssenKrupp Stahl recently began work on construction of a state-of-the-art flat steel processing center in Krefeld in the state of North Rhine-Westphalia, Germany.

Upon completion of construction work in the Krefeld port area, which is scheduled for the end of 2009, the headquarters of ThyssenKrupp Stahl-Service-Center GmbH will relocate to Krefeld. Covering an area of 150,000 square meters, the planned flat steel processing center will feature state-of-the-art machinery, sophisticated logistics and an optimized infrastructure. From 2010 it will have the capacity to process around 600,000 tonnes of carbon steel slit strip and cut-to-length sheet, including high-strength grades suitable for outer skin applications in the automotive industry.

“The investment will not just benefit the city of Krefeld and our subsidiary ThyssenKrupp Stahl-Service-Center,” emphasized Dr. Jost A. Massenberg, Executive Board member of ThyssenKrupp Steel. “It will also play a key role in the forward strategy of ThyssenKrupp Steel. The new site in Krefeld is an important part of this strategy and creates the conditions for a sustainable increase in our capacities to supply regular customers in Germany and other parts of Europe. At the same time it will ensure that we can continue to meet ever-increasing quality requirements in the future.”

“In the future, we intend to maintain our position as one of Germany and Europe’s leading flat steel service centers and continue to meet our customers’ constantly increasing quality requirements in full,” said Christian Korn, one of the Managing Directors of ThyssenKrupp Stahl-Service-Center GmbH. “That’s why we will be combining the production operations and longstanding expertise of our three North Rhine-Westphalian branches in Bochum, Breyell and Leverkusen here in Krefeld.” A further argument in favor of Krefeld as a location is the city’s infrastructure. “Water, road and rail links to the port of Krefeld are ideal,” Korn added.

ThyssenKrupp Stahl-Service-Center GmbH has branches, subsidiaries and equity interests in Germany, France, Poland and Spain. The group employs more than 900 people and generated sales of over 1.3 billion euros in fiscal year 2006/2007. Its services include: custom production of steel in the form of slit strip or cut-to-size sheet, management of customer supply chains, and extensive customer support including technical consultancy. Processing can be performed on hot-rolled, cold-rolled and coated sheet, tinplate and stainless steel.

Through 2010, ThyssenKrupp Stahl-Service-Center GmbH will invest a total of 100 million euros to expand its capacities in Krefeld and at other sites. In Germany as a whole, various measures will increase current capacity levels of 1.2 million tonnes per year to 1.4 million tonnes. The Group opened a new service center in Poland a year ago, and additional plans include a significant increase in the share of the French market for high-end products. Target groups in France include automotive OEMs and suppliers.