News

Press release
Jul 2, 2018

Wieland announces further investments to support customers’ growth plans with a capacity step change at its Chicago high performance tube plant

As part of its global growth strategy, Wieland will invest 20 million USD in its business for enhanced surface tubes in Wheeling (Chicago), IL, over the course of the next 12 months. A new state-of-the-art production facility – adjacent to current operations – will double Wieland’s production capacity for enhanced surface tubes in the U.S. With the new facility, scheduled to be completed by spring of 2019, Wieland can serve the entire demand and expected market growth of its partners in the HVAC industry and related market segments in North America.

Read more
Press release
Apr 4, 2018

Wieland expanding global production and service network to support customer growth

  • Wieland-Werke AG and Aurubis AG sign contract documents and reach a significant milestone towards the integration of Aurubis’ Flat rolled Products segment into the Wieland Group
  • Execution requires approval of anti-trust authorities

Read more
Press release
Mar 26, 2018

Fiscal year 2016/17

Wieland posts record results and expects further profitable growth

In the fiscal year 2016/17 (1 October 2016 to 30 September 2017), the Wieland Group’s sales volume rose by 5 percent year-over-year to 485,000 tons. The main growth drivers were the sales markets in Europe and China. Due to strong market demand and a copper price level, total sales increased by 18 percent to 3.0 billion Euro (previous year: 2.5 billion Euro). The operating profit (EBITDA) reached a record level of 190 million Euro, an increase of 16 percent versus the previous year (164 million Euro). The improvement was driven by a higher value-added product mix, increased sales volume as well as operational efficiency gains. The development of foreign currencies, in particular the declining USD, impacted results negatively.

Read more
Nov 16, 2017

Metal premiums 2018

Through long-term contracts with metal producers and traders operating on a global scale, the Wieland Group ensures a reliable metal supply to its customers.

The current development of the metal markets requires an adjustment of the metal premiums.

For deliveries made from 1 January 2018, the metal premiums will change as follows:

Copper: + 6 US dollars per ton

Zinc: + 10 US dollars per ton

Tin: + 25 US dollars per ton

Nickel: + 170 US dollars per ton

Lead: + 30 US dollars per ton

Aluminium: + 30 US dollars per ton

Press release
Oct 3, 2017

Acquisition of Kessler Sales & Distribution

The Wieland Group expands its North American Sales & Service organization with the acquisition of Kessler Sales & Distribution

Kessler Sales & Distribution (KSD), Woodbridge, NJ, is the latest acquisition of the Wieland Group – the global leader in premium copper products and innovative customer solutions.

Read more
1
/
1