AMG Advanced Metallurgical Group announces strategic restructuring for 2019
November 28, 2018
AMG Advanced Metallurgical Group NV, Amsterdam, the Netherlands, has announced that it will realign its organisational structure effective from January 1, 2019. This change will result in two new strategic operating divisions: AMG Technologies and AMG Critical Materials.
AMG’s new operating division, AMG Technologies, will be comprised of AMG’s existing Engineering and Titanium Alloys businesses, replacing AMG Engineering. AMG Critical Materials will consist of seven operating units, namely Vanadium, Superalloys, Tantalum & Lithium, Graphite, Silicon, Aluminum and Antimony.
Dr Heinz Schimmelbusch, Chairman of the Management Board and CEO of AMG, commented on the change, “AMG Technologies brings together two industry leaders primarily serving the aerospace market, by combining AMG Engineering’s expertise in metallurgical process design & development and AMG Titanium Alloys’ industry-leading expertise in the development of metallurgical products, furnace operations and quality assurance processes. In metallurgy, combining engineering and operational know-how accelerates innovation.”
Employing approximately 3,300 staff, AMG operates globally with production facilities in Germany, the UK, France, the Czech Republic, the USA, China, Mexico, Brazil, India, Sri Lanka and Mozambique, and has sales and customer service offices in Russia and Japan.
