Growth in North America

• Expansion of capacities with a new slitting line and packaging line

• Construction of an additional 2,000 square meter shipping and finished materials warehouse

• Integration of new technologies such as fully automated digital setup and production process monitoring

thyssenkrupp Materials Processing Europe, the leading steel and aluminum service center in Europe, is expanding its capacities and investing a low double-digit million euro amount in its network: At the Stuttgart site, the company plans to install two new lines and build a new 2,000 square meter warehouse. The aim is to increase production, packaging and storage capacities and to optimize them digitally. Construction work and preparations for the installation of the new slitting and packaging systems began in August.

The state-of-the-art slitting line is expected to be operational by September 2025. The new line, supplied by Tilgert, will increase the total capacity to 350,000 tons per year and provide a comprehensive processing portfolio in the thickness range from 0.2 to 5.0 mm. In addition to conventional rolled steel, electrical steel strip can also be processed. As an indispensable component in the construction of electric motors, transformers and generators, the product is important for climate-neutral production and energy independence.

In order to meet the expanded production capacities in the packaging area as well, a new high-performance packaging line from the Italian company Promec, which is characterized by a high degree of automation and the ability to process high weight finished materials, will be installed in spring 2025.

thyssenkrupp Aerospace and the Mecachrome Group, one of the five largest manufacturers of aerospace parts in Europe, have extended their existing long-term partnership by signing a Master Service Agreement (MSA) covering another five years. thyssenkrupp Aerospace, part of thyssenkrupp Materials Services, one of the world’s leading mill-independent materials distribution and service providers, will deliver material management solutions to the Mecachrome Group, including the supply of more than 1,000 stock keeping units of cut-to-size aluminum plates to multiple locations from its sites in France and Tunisia.

The agreement was designed to optimize material flows and to manage Conbid, the consolidated material supply process used for Airbus. The contract also includes a tailor-made digital control tower solution built to smartly manage in real time Mecachrome’s material supply needs for its sites in France, Tunisia and Morocco.  

thyssenkrupp Aerospace India, the first materials distribution and service provider for the aerospace and defense industry in India and part of thyssenkrupp Materials Services, has been awarded a long-term contract by Dynamatic Technologies for the Airbus A220 program. This agreement further reinforces the strategic cooperation and heralds a new chapter in the collaboration between the two companies, focusing on material supply and comprehensive supply chain management services.

Under this long-term agreement, thyssenkrupp Aerospace India will manage the supply chain for raw materials, warehousing, and processing services for Dynamatic Technologies’ facilities in India. The primary product group covered under this contract includes aluminum, steel and titanium products, which will be serviced from thyssenkrupp Aerospace India's local site in Bangalore. The products will be supplied in various shapes and sizes to meet the precise needs of Dynamatic Technologies, ensuring just-in-time delivery to their manufacturing facilities.

thyssenkrupp Aerospace, part of thyssenkrupp Materials Services, one of the world’s leading mill-independent materials distribution and service providers, has agreed to a 10-year contract extension to manage the material demand for Magellan Aerospace (UK) Limited (“Magellan”), a global aerospace company that develops, designs and manufactures aircraft components worldwide. The agreement is a continuation of the successful, long-standing relationship between the two companies dating back more than 20 years.

Under the agreement, which also covers Magellan’s subcontractors, thyssenkrupp Aerospace will handle the entire supply chain management of raw materials, warehousing and other processing services for Magellan’s facilities in Europe and India. The main product group is aluminum plates, which will be serviced from the thyssenkrupp Materials Services sites in the UK, India and Poland, with tube and extrusion products supplied from the thyssenkrupp Materials UK site in Milton Keynes. These materials will be delivered just-in-time to Magellan’s facilities.

Astrid Meicherczyk has taken over as CEO of thyssenkrupp Schulte, a German subsidiary of the materials distribution and service provider thyssenkrupp Materials Services, effective July 1, 2024. She succeeds Detlef Schotten, who at the same time assumed responsibility for the pan-European materials distribution and trading business of thyssenkrupp Materials Services to which thyssenkrupp Schulte is organizationally assigned.

Astrid Meicherczyk has extensive international general management and sales experience from more than 25 years in leading positions in the industry. Most recently, she was CEO of the Plastics Europe operating unit, the European plastics distribution business of thyssenkrupp Materials Services. Before joining thyssenkrupp, the industrial engineer spent many years at Bertelsmann in leading positions in Germany and abroad, including as CEO of Prinovis Germany and member of the Management Board of the Bertelsmann Printing Group.

In April thyssenkrupp Schulte announced a fundamental structural transformation of its business model. The aim is to sustainably improve the competitiveness and profitability of the German market leader and meet changing customer needs by focusing on the material-related services business.

thyssenkrupp Schulte GmbH, headquartered in Essen, is part of thyssenkrupp Materials Services and is the leading materials trader and service provider for steel, stainless steel and non-ferrous metals in Germany. Through a network of over 40 locations, it serves customers from various sectors of the manufacturing industry, including industry, trade and construction. The portfolio ranges from a broad product range of flat products, profiles and tubes to competent expert advice and a comprehensive range of services along the value chain. thyssenkrupp Schulte currently employs around 2,300 people.