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Growth at LMG Hoym: ground-breaking ceremony for a new production hall - 50-million euro investment and major order win

Magdeburg [Germany], March 9 (ANI/PRNewswire): Contrary to current trends in the aluminum industry, LMG Manufacturing GmbH in Seeland/Hoym is expanding its production and investing 50 million euros in a new production hall with four production lines. The expansion will create around 120 additional jobs and strengthen the company in the long term. LMG Hoym is resolute in transforming the automotive sector moving it away from the world of combustion engines and will become a supplier of aluminum die-cast parts for e-vehicles. At the ground-breaking ceremony for LMG Manufacturing's new production hall, Sven Schulze, Minister of Economic Affairs, Tourism, Agriculture and Forestry of Saxony-Anhalt, said, "I am very pleased with the long-term decision to strengthen Hoym in the heart of Saxony-Anhalt and congratulate the automotive supplier LMG on its forward-looking growth". Dr. Robert Franke, Managing Director of Investment and Marketing Corporation Saxony-Anhalt mbH (IMG) ....

Sachsen Anhalt , Christine Susanna Tirnaksiz , Sven Schulze , Seeland Hoym , Markus Bauer , Sabine Kraus , Robert Franke , Frauke Flenker Manthey , Marketing Corporation Saxony , Economic Affairs , Managing Director , Marketing Corporation Saxony Anhalt , Jaya Hind , Administrator Markus Bauer , Managing Director Christine Susanna , Magdeburg Germany , Arch 9 Ani Prnewswire Contrary To Current Trends In The Aluminum Industry , Mg Manufacturing Gmbh In Seeland Hoym Is Expanding Its Production And Investing 50 Million Euros Ina New Hall With Four Lines The Expansion Will Create Around 120 Additional Jobs Strengthen Company Long Term Lmg Resolute Transforming Automotive Sector Moving It Away From World Of Combustion Engines Becomea Supplier Aluminum Die Cast Parts Fore Vehicles At Ground Breaking Ceremony For 39s , Sven Schulze , Minister Of Economic Affairs , Griculture And Forestry Of Saxony Anhalt , Uoti Am Very Pleased With The Long Term Decision To Strengthen Hoym In Heart Of Saxony Anhalt And Congratulate Automotive Supplier Lmg On Its Forward Looking Growth Quot Dr Robert Franke , Anaging Director Of Investment And Marketing Corporation Saxony Anhalt Mbh Img , Hich Oversees Lmg , Uot Increasing Capacity For The Production Of Components Fore Vehicles Will Provide An Important Boost Entire Automotive Sector In Saxony Anhalt Quot Aluminum Die Casting Specialist Was Acquired By Long Standing Indian Company , Jaya Hind ,