VOESTALPINE AG plans to open up a $1 billion plant in the United States

According to a report published in Trend magazine Voestalpine AG, a company based in Austria is working on a plan. The plan is regarding a plant worth $1 billion plant in the United States. This plant will convert iron ore into concentrate, which will be used in steel-making.

After the news has been released and published on Monday.  After several telephone calls and emails, the company refused to make any comments regarding the report. According to the report published the company has chosen a coastal city in the southern part of the United Stated to be ideal for the plant set-up. The reason for zeroing down a coastal city is a cheap and reliable supply of natural gas in abundance. Besides this, the company will even enjoy political stability as well as other important facilities important for efficient port infrastructure.

A source very close to this plan revealed on condition of anonymity that such a plan was previously under consideration by the company, but as of now nothing has been decided.
Wolfgang Eder, who is the Chief Executive at Voestalpine AG has been making constant efforts for foreign expansion of the company. He revealed about the increasing political pressure in Europe for the closure of the plant.

According to a report published in Trend magazine Voestalpine AG, a company based in Austria is working on a plan. The plan is regarding a plant worth $1 billion plant in the United States. This plant will convert iron ore into concentrate, which will be used in steel-making.


After the news has been released and published on Monday.  After several telephone calls and emails, the company refused to make any comments regarding the report. According to the report published the company has chosen a coastal city in the southern part of the United Stated to be ideal for the plant set-up. The reason for zeroing down a coastal city is a cheap and reliable supply of natural gas in abundance. Besides this, the company will even enjoy political stability as well as other important facilities important for efficient port infrastructure.

 

A source very close to this plan revealed on condition of anonymity that such a plan was previously under consideration by the company, but as of now nothing has been decided.

Wolfgang Eder, who is the Chief Executive at Voestalpine AG has been making constant efforts for foreign expansion of the company. He revealed about the increasing political pressure in Europe for the closure of the plant.

For consideration of being featured on WallstreetPR, contact: Editor@Wallstreetpr.com

Please make sure to read and completely understand our disclaimer at https://www.wallstreetpr.com/disclaimer. FOR EDUCATIONAL AND INFORMATION PURPOSES ONLY; NOT INVESTMENT ADVICE. Any content posted on our website is for educational and informational purposes only and should NOT be construed as a securities-related offer or solicitation, or be relied upon as personalized investment advice. WallStreetPR strongly recommends you consult a licensed or registered professional before making any investment decision. Neither WallStreetPR.com nor any of its owners or employees is registered as a securities broker-dealer, broker, investment advisor (IA), or IA representative with the U.S. Securities and Exchange Commission, any state securities regulatory authority, or any self-regulatory organization. WallStreetPR often gets compensated for advertisement services that are disclosed on our disclaimer located at WallStreetPR.com/Disclaimer.

Published by Brendan Byrne

While studying economics, Brendan found himself comfortably falling down the rabbit hole of restaurant work, ultimately opening a consulting business and working as a private wine buyer. On a whim, he moved to China, and in his first week following a triumphant pub quiz victory, he found himself bleeding on the floor based on his arrogance. The same man who put him there offered him a job lecturing for the University of Wales in various sister universities throughout the Middle Kingdom. While primarily lecturing in descriptive and comparative statistics, Brendan simultaneously earned an Msc in Banking and International Finance from the University of Wales-Bangor. He's presently doing something he hates, respecting French people. Well, two, his wife and her mother in the lovely town of Antigua, Guatemala. You may contact Brendan via his email (brendanbyrne@wallstreetpr.com) or his Google+ page (https://plus.google.com/u/0/116608759701551457422).