Wieland announces $500M investment in Illinois facility

Germany-based Wieland, a supplier of copper and copper alloy solutions, has announced plans to make a $500 million capital investment to reequip, expand and modernize its facility in East Alton, Illinois. The investment is subject to the approval of state and local incentives.

By expanding the capabilities of the facility, Wieland says it aims to amplify its operational efficiency. The project includes the installation of an additional hot rolling mill, which will allow the company to increase its production of critical copper and copper alloy components used in advanced energy properties, such as electric vehicles (EVs), EV charging infrastructure and renewable energy production.

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“Copper is not only integral to the energy transition, it is the foundation of a sustainable future,” Wieland CEO Erwin Mayr says. “This investment positions Wieland as the undisputed leader in North American rolled products and underscores our commitment to the revitalization of American manufacturing.”

Mayr says the modernization in East Alton is a testament to Wieland’s commitment to longevity and growth.

“Wieland’s leading work in copper solutions is a major economic engine in the East Alton area, and this expansion announcement reaffirms their commitment and the commitment of the state to ensuring that partnership continues to grow and thrive,” Illinois Gov. JB Pritzker says. “Illinois is committed to a sustainable manufacturing future, and Wieland’s expanded capacity in this field will ensure other sustainable industries in the state can also function smoothly, benefiting individuals and companies across Illinois.”

Earlier this month, Wieland acquired Concast Metal Products Co., Wakeman, Ohio, and Randall Bearings Inc., Lima, Ohio. The transaction closed Jan. 12.