Urals | Industry, manufacturing

VSMPO-Avisma to invest $200m in modernization in 2011

25 Aug '10
Sverdlovsk region-based titanium alloys manufacturer VSMPO-Avisma has announced plans to invest $150-$200m in production facilities modernization in 2011.

Total investment into the companys 2010 mid-2013 modernization program is reportedly to come in at $500m.

Under plans, the funds are to be used to overhaul melting shop, forge and press shops and other departments within the plant.
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