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Company News, 2006-11-24, 11:00 AM

ThyssenKrupp Stainless AG expands sales network: New service center opens in Birmingham

ThyssenKrupp Stainless AG is expanding its range of services and developing new markets. The new service center being officially opened in Birmingham, UK, today will add new processing capacities and a large storage facility to the company's existing sales organization. The UK's second largest city, Birmingham is a major center for the steel industry. From here ThyssenKrupp Stainless UK, a subsidiary of ThyssenKrupp Stainless International GmbH, will serve the increasingly important British market for stainless flat products.

"We aim to be more than just a material supplier, we aim to be a true service provider. That means delivering solutions for a wide range of applications, offering product support services, and operating as close to our customers as possible by constantly expanding and optimizing our worldwide sales and service center network," said Jürgen Fechter, CEO of ThyssenKrupp Stainless AG, at the inauguration of the service center in Birmingham. The project is part of the ThyssenKrupp Stainless service center network via which the company is expanding its existing markets and developing new ones.

With a workforce of 33, ThyssenKrupp Stainless UK processes and sells the full range of ThyssenKrupp Stainless products. Alongside a cut-to-length line, the center features a modern line for the production of polished and brushed finishes. This significantly expands ThyssenKrupp Stainless UK's capabilities, allowing the company to cater even better to its customers' wide-ranging requirements and offer them enhanced value-added services.

ThyssenKrupp Stainless International (Krefeld) supports the direct sales of the ThyssenKrupp Nirosta plants in Germany and ThyssenKrupp Acciai Speciali Terni in Italy. With some 450 employees, the company sells around 850,000 metric tons of material each year worldwide. In fiscal year 2004/2005 it generated sales of 1.28 billion euros. ThyssenKrupp Stainless International currently has service centers in the United Kingdom, France, Spain, Poland, Hungary and Turkey, a sales company in the Benelux countries and a storage center with processing facilities in southern China. Featuring cut-to-length and slitting lines, the service centers can supply various surface finishes, e.g. polished and brushed.

ThyssenKrupp Stainless AG (Duisburg), is the holding company for all the ThyssenKrupp Group's activities in flat-rolled stainless steel and nickel alloys. Its subsidiaries with plants in Germany, Italy, Mexico and China employ a total of 12,200 people. In fiscal year 2004/2005 the company achieved sales of around 5.6 billion euros.

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