AMAG Austria Metall AG holds a 70% share in the German Aircraft Philipp Group headquartered in Übersee on Lake Chiemsee. Aircraft Philipp has years of experience in the manufacture of assembly-ready metal parts for the aerospace industry. Aircraft Philipp manufacturing locations are situated in Übersee / Chiemsee and Karlsruhe, Germany with a workforce in excess of 200 employees.
With the acquisition of the Aircraft Philipp shares majority, AMAG is now extending value creation in the direction of mechanical processing (such as milling and drilling) and the manufacturing of special components. This combination, with the acknowledged AMAG competencies of areas of rolling, casting and recycling, represents an unique sustainable value chain. This comprises of the resource-saving closed-loop-recycling1 of plate off-cuts and chips2 resulted from milling processes, as well as an improved buy-to-fly-ratio3 and optimized logistics along the entire value chain, resulting in a considerably reduced CO2-footprint.