- Business
- Electro Aço Altona S.A. manufactures steel castings and special alloys for diverse industries including automotive, construction and mining machinery, heavy transport, energy generation, oil and gas, petrochemical, dredging, marine, agricultural machinery, rails, defense, power generation, valves, pumps, compressors, turbines, and industrial equipment; the company produces carbon steel, low, medium and high alloy steels, abrasion-resistant steels and alloys, high-temperature resistant steels and alloys, corrosion-resistant steels and alloys, alloyed irons, special alloys, superalloys, duplex and superduplex materials in rough, pre-machined, and fully machined parts up to 10 tons via four molding lines with capacities from 10 kg to 10 tons, arc and induction furnaces up to 20 tons liquid steel, finishing with CNC machining centers, welding processes including SMAW, GMAW, FCAW and GTAW, heat treatments such as annealing, normalization, quenching and tempering, non-destructive testing including ultrasound, radiography and magnetic particle, and special processes like painting and pickling. The company operates two main business units, Repetitive for series production of components for self-propelled equipment assemblers and Custom for tailored parts and assemblies, with capabilities in engineering simulation using Magma Soft, model making through subsidiary Modelação Kimze, and welded assemblies via subsidiary Altona Engenharia Industrial; it exports to more than 25 countries primarily in the Americas, Europe and North America from its headquarters in Blumenau, Santa Catarina, Brazil, where it maintains an industrial park of approximately 35,000 square meters and employs around 1,400 people. Founded in 1924 as Auerbach & Werner and renamed Electro Aço Altona S.A. in 1933 as the first steel foundry in Santa Catarina, the company has expanded over the last decade through acquisitions to broaden its production lines, establishment of subsidiaries abroad for enhanced customer support in Europe and North America, membership in the American Foundry Society to advance quality and innovation, recognition from NASA and Bechtel, and plans for a new plant to boost production capacity amid strong financial performance with trailing twelve-month revenue of approximately BRL 589 million and net income of BRL 81 million.