HAI and LS Cable & System Break Ground on New Production Facility in South Korea

June 20, 2024
BY John Davis

Hammerer Aluminium Industries (HAI) is advancing its strategic development through a partnership with LS Cable & System, marked by a groundbreaking ceremony for a new production hall in Gumi, South Korea. The ceremony, held on April 17, 2024, signals a significant phase in the collaboration between the two companies.

CEO Rob van Gils highlighted the joint venture's role in HAI's strategic growth, emphasizing its potential to enhance the production of complex aluminium components for the electromobility sector and to strengthen the company's presence in the South Korean market.

The project, with an investment of approximately 46 million euros, will establish a 13,800-square-meter production hall equipped with a 60 MN press for manufacturing aluminium components. Starting in 2025, HAI and LS Cable & System will produce components for electric vehicles at the new Gumi facility.

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