ADVANCED METALLURGICAL GROUP, N.V. Overview
Company Headquarters: Amsterdam, Netherlands
Founded: 2006
Workforce: ~2,982
Company Working: Advanced Metallurgical Group, N.V., is engaged in manufacturing and marketing specialty metals and metallurgical vacuum furnace systems and the provision of engineering services. It operates through two business segments, namely, AMG critical materials and AMG engineering. The AMG critical materials segment is involved in developing and producing specialty metals, alloys, and materials. The AMG engineering segment is engaged in designing, engineering, and producing vacuum furnace systems and operating vacuum heat treatment facilities, primarily to cater to the aerospace and energy industries. Under the critical materials segment, the company produces a wide range of master alloys, which includes common aluminum master alloys to specialty master alloys. The segment accounted for over 80% of the overall revenue in 2019. The company has operations in more than 30 countries across the globe.
Strategy
Advanced Metallurgical Group, N.V., primarily focuses on the expansion of recycling projects to provide sustainable products to the growing end-use markets. Furthermore, in 2019, the company invests around USD 5.5 million in R&D to develop innovative, high-quality products.
